Jimmy_Rebello

Jimmy_Rebello

previously - we got stopped out but on the higher time frame we are following the flag or the descending channel where currently price has tested the lower trend line leaving a wick showing signs of rejections still its early to judge avoid fresh shorts 59400 - 59375 is imp to see how price reacts to this fvg further updates in the comments follow for more

Jimmy_Rebello Updated 

gold was hovering in the triangle pattern @ 1hr chart then we had a breakout and sharp upside as the middle range of the pattern is projected as the target level and we can see price has taken a U turn from the area which had a refined fvg now the price is back to the area where buyer earlier accumulated we have the low of 2287 above this zone price will safe...

Jimmy_Rebello Updated 

btc has arrived on out levels POI + FVG liquidity sweep and forming bullish candle entry 60,300, target 62690 and sl below the marabozu candle 59390 as i have marked this two dots on the double top price likely retrace back to them from the fvg demand zone if we draw early fib from top to bottom we get 0.7 on the same level of our target

Jimmy_Rebello Updated 

the bull run on silver looks almost over and the consolidation to corrective phase (ABC) is under way we have the projection of price falling to the 86000 to 82000 zone which is almost (2-6%) will update more information the price action progress

Jimmy_Rebello

so finally we have a breakout on audusd from daily trinagle pattern as well as the consolidation from 1h we have marked after the impulsive upside we have bullish fvg, it will be our entry point and sl will be as shown in chart below the pattern range so buy = 0.66913 , tr 0.67720 , sl 0.66652 this setup looks strong as the price has made a nice...

Jimmy_Rebello Updated 

recap previously we had good long trade almost capturing 75pip with good RR then at the resistance i tried to scalp a short trade i got stopped out in the trade with small stop loss currently as the price is moving seems like it will be consolidating or going sideways we will stay out of the trade and wait for the either side impulse reaction

Jimmy_Rebello

so this analysis is based on high time frame weekly 1) so i identified a CUP & HANDLE pattern, the range for the cup size is from 127.50 to 151.946 2) Handle range from 140.188 to 151.946 so the target projected based on size of pattern 1st target = 163.513 2nd target = 176.392 last three weeks has a price action of three soldiers which has left behind...

Jimmy_Rebello Updated 

Until the price is below 7000 mark we cant say oil has turned bullish there is volume imbalance and bearish fvg on daily time frame around 6887 to 6771 where there is high probability price to get reject those who are in long trade before try to trail your stop and those who are looking for fresh long AVOID !!

Jimmy_Rebello Updated 

once again price has rejected the the upper trend which was acting resistance from the higher time frame triangle pattern then we seen price could not make any further higher high and breakdown the higher low indicating the bearish pressure we are trying to short AUD/USD based on the breaker block = 0.66458, with SL = 0.66630 (17pips) and Target = 0.65958 (50 pip)

Jimmy_Rebello Updated 

Buy @ 1.27162 - SL @ 1.27101 - TR @ 1.27340 & 1.27400 considering the higher time frame i noticed price has to mitigate 1.27700 level for that on lower time frame price is making higher high and higher low with Bos and trade based on pullback trades are being executed on fvg got this data from my backtest recently price tapped into 1hr fvg on 15min im...

Jimmy_Rebello Updated 

price is trading near the bullish ob from 1h where we have a bullish divergence we are waiting for the confirmation the condition if, price form big bar candle over 0.66120 (closed above) if the price has left bulling fvg where we can place our trade we can target upto 0.66750 follow for more such ideas

Jimmy_Rebello Updated 

BTC level of 69000 round level could be crucial there we have two condition on both sides but the down the side has more space to move and get more liquidity (4000-5000) whereas the upside has only 2000 pts space the favourable sides happens to be pullback and trade on reversal because once the price crossed above 69000 then soon after there will be...

Jimmy_Rebello Updated 

so we had higher time frame bearish ob plus 1h bearish ob resulting our bias to shift negative price has left bullish fvg near 156.500 we can at that range price to mitigate

Jimmy_Rebello

we have seen on daily time frame price formed rising wedge pattern on friday 7jun we seen a bearish big candle confirming the breakdown of the pattern price then tried to take a bounce from recent orderblock but we can clear see that the bearish pressure is not letting the bullish orderblock go any further up causing the price to form a small triangle pattern...

Jimmy_Rebello

this could be possible the on monthly and weekly we can see the price action is sell on high and buy on low, and price recently hit the high and forming triangle on the daily time frame we can see rsi falling and with price it could be bearish divergence 450-425 is the 50% from the swing low let see how the structure forms .......

Jimmy_Rebello

at cmp of 1.27346 price is facing 4h bearish fvg so there is no sense to open new positions here rather we have 4h ob pending at 1.25650 to 1.25000 then we can look for the target of 1.29000

Jimmy_Rebello Updated 

price is near the resistance 0f 104.750 >> 104.800 >> 105 now the question whether the price sweep or run through this liquidity ??? as price has made higher high and higher lows with recent bos we are looking to buy instead of going short during the impulsive momentum candle price has left behind some bullish fvg which are pending below at the level of...

Jimmy_Rebello Updated 

The dxy price started getting rejection from 103.500, as it reached the htf supply zone This supply zone is from 103.500 to 105.000 The currency fair as forex pair /usd will be benifiting with some sort of bounce as the dollar is cooling down Where as currency pair like usd/forex pair for example usd/Jpy can get healthy correction keep them on your watchlist...