Limitless_ZW

Limitless_ZW

There's confluence at this level 1. BMS 2. CP Level 3. Fib 79% retracement 4. Rejection candles

Limitless_ZW

Price has retraced getting into our 71% fib level. Structure is still maintained as bearish. Still looking forward to a drop to the key support level. Move is likely to be completed next week if price continues to drop.

Limitless_ZW

Price has retraced back into our supply zone hitting the fib golden zone (71-79%). Structure is still bearish, looking to sell to the previously tapped demand zone. On a bigger picture a flag is I. Formation

Limitless_ZW

Price bounced off a strong major demand zone. We see rejection from the wick there hence why i would take an entry there hoping price to fill the above gap (FVG) as it draws to that zone

Limitless_ZW

Price tapped into our major demand zone which was drawn off the D time frame then refined on 4H. Could have placed an entry yesterday but delayed. However, it still looked good with proper application of RR

Limitless_ZW

Possible swing trade There was a change in character, and price created a new low. Price then retraced to the equilibrium zone and tapped the FVG. Possible 3 pin pattern formation happening. For aggressive trades, one can enter now as i have done but for conservative traders, wait for D candle close then enter tomorrow.

Limitless_ZW

Potential buy setup if price comes to our lower region to fill that imbalance.

Limitless_ZW

Confluence: psychological level @ 2050.00, TL broken & retested, Targetting the OB @ 2075.00

Limitless_ZW

A lot of confluence on this pair. 1. psychological level 1.2500 tested a lot 2. Fib PRL : 79% 3. Possible Head & Shoulder pattern - second shoulder forming

Limitless_ZW Updated 

There's a shift in Market Structure (MS) and a trendline that was broken and retested. Fib Prz at 61.8% hence good confluence. R:R: 1:3

Limitless_ZW Updated 

After the shift in market structure, still expecting price to push up and form a higher high. Possibly targeting 1.9250 key level

Limitless_ZW Updated 

Could we possibly see GU dropping? Fib retracement at 50% + structure is being maintained.

Limitless_ZW Updated 

Change of Character to the upside. I'm seeing some great momentum for buying opportunities. Fibonnanci retracement at 38.2% and stops just below that. R:R of 1:2 at least.

Limitless_ZW

Potential buying opportunity. Confluence here: Break and retest of Trendline + Psychological key level + ChoCh

Limitless_ZW Updated 

Level of resistance + Bearish Market Structure (MS) Short term because price recently touched the bullish order block (OB)

Limitless_ZW

Seeing that Market structure is still bullish and we had a double bottom of some sort at the demand zone, we could potentially look for buys either when this happens 1. Trendline gets broken and retested since price is just above that area 2. Buy now and hold. will update!

Limitless_ZW Updated 

Bearish structure is maintained and looking forward to a continuation downwards. Confluence there!

Limitless_ZW

Bearish Market Structure + Resistance + Fib 38.2% = Confluence