KKirito

KKirito

Same set up as NJ 1% risk (SL be when TP1 hits) TP1 / 0 / 30% TP2 / -0.25 / 40% TP3 / -0.618 / 30%

KKirito

Just a nice head and shoulders break down. Taking the liquidity from the buyers, filling the imbalance.

KKirito Updated 

How ? - Manipulation ;)

KKirito Updated 

COINBASE:BTCUSD How ?? - ICT institutional levels (liquidity grabs) <3

KKirito

We have a quick nice easy setup. There's the expansion. Followed by manipulation. Marker makers stop out buyers and sellers, Before the market re-expands selling off to key levels of support / prior order blocks.

KKirito Updated 

Distribution: Wyckoff Phases - without UTAD. Phase A to D completed perfectly. We now have Phase E. After the significant down-move, climactic action may signal the beginning of a re-distribution TR or of accumulation. (Which is basically the completion of the Wyckoff Phase) Now we have the break of the structure. We are likely to see a re-test between 0.236 -...

KKirito Updated 

Right now we have a break of the consolidation. The change in market structure will attract bullish energy. I will like to see how price tests the 50MA. I feel like a move to the 1.38200 will be likely before a retrace. I will be waiting for price to develop to get the best entry. Remember... Patience is a virtue. Ill be updating the idea as it progresses.

KKirito Updated 

Continuing with my trade idea. We had the break of the 50MA on the daily. This is the action I needed to give me a bias. I feel there's clear bullish energy stacking up now. (Plus MA being a leg indicator helped me form this decision) I feel the breakout from the consolidation is a clear trend confirmation for a bullish run. I'm targeting the prior level of...

KKirito

Potential Setup in motion. We have a clean breakdown out of consolidation and price is being held below the 200MA. A rejection off 1736 is looking likely maybe targeting previous lows. If price action falls towards this level a nice hold in and around the buy zone would be a good place to look for longs. I will be looking to see how market structure forms tomorrow...

KKirito Updated 

There's been an update on the consolidation. We are seeing a change in the market structure. I will be waiting for a clean breakout of the market structure before looking to get into positions. I will be looking how price tests the 200MA as well as key levels. I will be aiming to get buys on the retracements. Non trading is trading and Patience is a virtue. Ill...

KKirito

Looking at EUs market structure and you'll see there's signs of indecision in the trend. The consolidation build up is ranging between key levels of support and resistance. Looking at the top down analysis there's a falling wedge on the larger TFs which can lead to a breakout of the consolidation. Plus the weekly S/R has been tested a number of times. (This can...

KKirito Updated 

We have had a clean break of market structure. I will look for a breakdown to the 1.08381 support area before a retrace to the golden zone. I will be looking to take a short position around the .618 / .5 Risk 1.5% S/L at Break even when TP1 hit TP 1 / 0 / 30% TP 2 / -.25 / 40% TP 3 / -.618 / 30%

08:10

KKirito Updated 

Little intro into the way I like to trade and a few trades I caught going long and short.

KKirito Updated 

EURJPY - has broken out of market structure with push toward a key level of resistance. (129.45) I'm waiting for the price to retrace towards the golden zone .5 or .618 (128.919 - 128.793.) I need price to respect this level before a buy. 4hr shows promise with price respecting 128.837 acting as a key level of support and price is holding above 200MA. Ill be...

KKirito

This was a great trade. I didn't get to post it as GBPJPY was my focus, though it should be like my EURJPY idea. It's the same set up. You have the break of market structure, then a mini pullback. - ( sometimes you don't get a pullback if not I fib from the bottom support of the market structure ) I fib the pullback (higher low) to the high. I then wait for the...

KKirito Updated 

This is a risker trade placed in some traffic when looking into the smaller TFs . Larger TFs show indecision or a slow in bull momentum. On Lower-TFs we see a series of higher lows and lower highs. (Symmetrical Triangle Chart Pattern.) However the rejection off the 618. golden zone could indicated this being a bearish triangle rather than a bullish one. On...

KKirito

200MA invalidated my original P2 Theory on smaller TF of 45M. MA acted as support to hold price in the key 1700s supply zone. (So i'm still yet to take any positions) The temporary purple supply zone at 1723 has become a respected level for both buyers and sellers. A lot of consolidation / sideways price action seems to have built up around this level. With...

KKirito

Gold has now completed the original idea. I'm still yet to take a position as other Technical Chart Patterns developed. (Patience is a virtue) Gold is currently forming into a Head & Shoulders chart pattern, which is on track to consolidate around 1717 - 1723 before breaking back down to the 1680s. I then expect price to complete its right shoulder and continue...