- Previous week low broken. - Level has retested and rejected with a daily pin bar for the short signal.
- Bird eye view of my short analysis. - Major trend shift. - Currently in a large range. - False break of previous week high at resistance with price action rejection.
- False break of previous week high. - Short entered on price action.
- Key level rejected nicely. - The previous week high is perfectly aligned with the key level of the market structure. - Price action signals for more downward moves.
- Shorted the daily pin bar at the previous week's high. - Price moved up the entire day and almost stopped me out. - Last couple hours of NY session price reversed in my favor.
Currently long on the bullish price action at the significant level marked on the chart. You can see resistance is now acting at support at a 50% retracement level.
Overall price is in an uptrend. Currently ranging and about to retest a support level. A nice price action signal could be a good purchase.
Price is currently retracing after a nice breakout of resistance and a new higher high formed. Will be watching and waiting for a price action signal around the marked zone of value.
Currently in a long position on NZDUSD from the bullish pinbar at a significant level. Will be watching this pair for future signals in the zones marked.
In the current uptrend on the daily chart we have the previous HH and LL marked. Ideally the market is bullish and I will enter long based on price action in or near the demand.
Currently looking for a signal to short EURUSD. I marked the weekly structure and then on the daily marked our preferred entry and target. Entry will be taken on price action signals.
The weekly chart for GBP JPY is telling a story. It starts with showing a broken trendline. As you can see on my chart, the trendline is broken to the downside and then retested (also retesting a major level of resistance). At this meeting point, a weekly pinbar is formed (highlighted in green). Price shows us a rejection as its reaction. There are only 3 main...
Overall Oil is currently ranging. This is clearly seen on the daily chart. Here on the 4 hour chart I am seeing a potential short setup. We have a nice strong bearish move - breaking structure creating a potential supply zone. We have a possible pinbar at a level worth watching. However I am going to wait for price action signal to the downside within the supply...
Observing US30 on the weekly chart we can see the bigger picture. In the chart we can see that price has been in an overall downtrend since leaving the top level marked. Price is currently indecisive at our most recent lower low/supply zone. Although we have been bouncing around going in no particular direction, we still see signs of rejection to the upside....
Taking a step back and observing AUD USD on the weekly chart we can see a very strong rejection. This bearish engulfing signal (highlighted in green) is a clear short signal coming from a weekly supply level - which also happens to be the most recent weekly lower low. Taking into consideration we have a weekly downtrend, a break of a major level, a retest and a...
I have bought a position on S&P500 based on strong uptrend and price action on the 4 hour chart. As you can see in the screen below I have highlighted a bullish pinbar at a unique level in the market. Price dipped into a psychological level and was then rejected. The next candle hunted some stops below the tail, shortly after that is when I saw the setup and...
I bought BTC/USD based on the highlighted bullish pinbar that entered into a deep psychological level and rejected nicely. Shortly after the pinbar (highlighted in green) you see a stop hunt that came just below the tail. This is my buy signal.
I am placing a buy on US30 after a nice 4 hour bullish pinbar at a significant level. I have a wide stop loss to allow some retracement and possible manipulation, I am planning to hold this for a week or two.