KennyBayOak

KennyBayOak

shorting EURGBP because of the correlation with my current trade im in on EURUSD im aiming for the low point of the daily for a take profit with some running profits after it hits about half way with re entrys on the way down

KennyBayOak

I'm thinking USDCAD should test low to high its heading to the high side of my zone marked above as daily hitting the peak usually means a slow down and turn around of price im waiting for a right shoulder to be formed in the morning before i decide to enter but this is where I'm thinking it should run

KennyBayOak

I am looking for a possible retest of the daily structure to the low side on GBPUSD for the week it broke channel formation which usually means it will create a final low to make a push up and then continue with market structure to the low side

KennyBayOak Updated 

All together its a downtrend contraction to the low side and im pretty sure its just filling this intrest point so that it may continue down to at least head to the daily zone low to take liquidity

KennyBayOak Updated 

Due to contraction are being at the the low point with no test of the high low zone it should expand to the low side and start its move up throughout the day meaning gbp could possibly be moving to the upside

KennyBayOak Updated 

Looking at the smart money way of trading I can clearly see a contraction point on the low side of the daily movement it should continue to drop the break and retest points should be secondary entry areas with high probability to continue after they are broken 1:3 RR on 1 entry

KennyBayOak Updated 

Looking at possibly buying GBPUSD due to the overall bullish momentum and signs showing the break and retest zones are being targeted for higher gains. fundamentals may play a role in pushing it up higher

KennyBayOak

I feel that price is still showing a higher high for the daily it hasnt shown any sign that it may be falling aside from the push down to retest the zone but thats a normal test

KennyBayOak

Daily Restest After Contraction phase on NZD looks like buyers exhaustion to possible swing low it will cause price to move down so the US dollar can gain power and continue up

KennyBayOak

Higher time frames showing imbalance due to gap which is currently being retested and used as support im waiting for my 50 and 61 fibs to be broken and retested where I will enter at the retest

KennyBayOak

EURUSD Fair value gap test higher time frame after a break of structure EURUSD may test a daily point of support after ending at a premium price last week. May move for discount

KennyBayOak

The current price for the start od gold looks to be trading bearish overall bias looks to have been shifted from the break of market structure on the bias the retest should come down to retest the same break before it continues to the bulls or breaks back down to the bears. I plan on trading from the swing high to swing low

KennyBayOak Updated 

Continuation possibility for UCAD to test the newly made fair value gap and crossed liquidity we should be looking for a solid push down before possible retest

KennyBayOak

The previous trade hit take profit heading up for the 1:4 risk to reward! next move up is making itself known stay tuned.

KennyBayOak

GU headed bullish to follow the trend because I didn't read into the overall trend as much as I should have but it's alright we are capitalizing on the push up and retest of higher timeframe fair value gap retest to get our next entry.

KennyBayOak

Retrace to previous fair value gap after liquidity was tested and Wyckoff schematic for distribution cleared UTAD

KennyBayOak

after the accumulation of Oils move up we can see it came up to retest the last order block that pushed the market to the low side. it should head back down to retest that fair value gap and continue up from there until it reaches new liquidity.

KennyBayOak

After i saw that retest of broken structure I have a feeling it will continue to the high at the daily point if not farther