Top-down analysis of GBPAUD down to an actionable timeframe. This is what i'm looking at for a HTF swing trade.
Looking at the chart from a HTF, I see a possible bullish move in the very near future, and this video might just explain why.
Looking at the HTF chart direction (M1, W1, D1), Nas100 can, and it is possible for a turn to the upside to hit HTF Supply levels, in turn continuing the HTF down trend.
GOLD - Seeing that price has reacted off of the HTF Demand, I will be looking for areas of LTF Demand until price reaches the Monthly, Weekly and Daily chart Supply. We remain REACTIVE, not PREDICTIVE.
Nas100: Looking at the current market conditions, price is reacting from a HTF demand. To confirm that this demand will hold, I will be looking for further LTF confirmations and breaking of structure (HH & HL). That being said, HAPPY TRADING.
Looking at what the market presented us with last week, I see two POI's for a bearish continuation. I'll be watching this chart closely during New York to see which POI they go for. Risk Management is vital
Price moved back to supply and is rejecting the area. I will be looking for price action to go lower considering the HTF bearish state, however, anything is possible, hence the need to emphasise good risk management.
After seeing what FOMC did yesterday and that it didn't quite give us much of a push to anywhere, but stayed inside a consolidation, I have this set of analysis, in my opinion that I'm watching out for.
NAS 100 - PRICE REACTED FROM A 15M DEMAND USE A REASONABLE LOT SIZE‼️ I'm looking for price to go back to the highlighted supply to start looking for further sells
Considering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
Considering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward. Please use good risk management
Considering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
Considering the general direction of this chart on a higher time frame basis. I'm obligated to look for shorts on lower time frames, after obviously being presented with all criteria.
I hope this video helps someone deal with a losing trade, keeping in mind that there are reasons behind the failure of a trade. We zoom in on some of those reasons in this video
Price has returned to a 5M supply on an overall HTF bearish chart. I'm looking for further bearish moves until I see signs of a shift in market structure