Mabexfx

Mabexfx Updated 

I just wanna document this setup for future reference. Market was ranging for couple of days which shows low momentum of bearish, We saw a change of direction there was a new bullish formation, Entry strategy : Close above and continuation

Mabexfx Updated 

Looking at the market overview we have broke the daily resistance structure, which now becomes the support. That is the level highlighted to become the re-test before we continue with the bullish momentum of high time frame. Remember patience is key.

Mabexfx

From the previous setup market never rejected the level I was looking at... Previous setup is tagged. Now what I see market is rejecting the zone, chance of see market turning bullish are high from the next day. Remember patience is key.

Mabexfx

From the previous setup market never rejected on the level I was looking at.... Look on the pinned last last setup for previous analysis. Today what I'm noticing is that market is rejecting the zone, there's a level of resistant I marked, break of that level and re-test the market will be confirming bullish. Scaling down I believe we can still get long positions...

Mabexfx Updated 

If daily candle close bearish, scale down to your entries and look for short position. Overview market already broke the up trend, scale to see whether the market respect the level before you execute. Remember patience is key.

Mabexfx Updated 

Hello traders, GJ market overview the structure is still bullish. Waiting to see whether the market respect the level then we scale down to check for entry. Let me know your views. Remember patience is key

Mabexfx

Here's the market overview looking into a new week. if market opens and push straight to 164/ 165 we scale down for short position to 161.5 but if market can open and pull downward we wait and observe the structure build up, because HTF is still bullish. Remember patience is key

Mabexfx

Here is the over view of the market structure, it maximum your chances to trade with the over view of HTF, till market breaks the daily structure we're still bullish. Remember patience is key.

Mabexfx

Can we start a Monday with a bang, tell me what do you see.

Mabexfx

Look out for break of 156.5 and re-test Safe entry level price action.

Mabexfx

Market broke the up trend and came to re-test... What's your view?

Mabexfx

We're looking at 150.5 for a position Remember patients is key

Mabexfx

It can never be as clear as this, identify your high and low on the market which are already printed, then the market will just give you where is going to make a new high or low. We call it price action.

Mabexfx

Let the structure form, those are our important levels Patience is key

Mabexfx Updated 

It takes patience, let the market structure tell you what's about to happen. We're on our buy level, get confirmation 1st before you execute. Patience is key.

Mabexfx Updated 

I see change of behaviour on H4, I believe market will pull back to 149.7 before we can see bullish momentum.

Mabexfx Updated 

150.0 our entry level. We're looking to short position if the market give us a re-test and respect the level.

Mabexfx

The trend is bearish but market have been failing to break 156.0 I'm looking at 156.5 for change of structure if market can give me break out and re-test 156.5 I will now start looking for buy opportunity What's your view on this one? REMEMBER PATIENCE IS KEY