Ocean98

Ocean98

USDJPY Day Trading Analysis 1.USDJPY is in a bullish trend 2.I am looking for Buys 3.Current trend is Counter trend After a bullish break of structure, i can clearly see the recently formed new H and the strong HL. using the FIB tool i can identify Discount price to enter a long position, targeting the weak H + plus FIB extensions POI trade provides a...

Ocean98

Using the 3W timeframe. 1.GBPUSD is in a bearish trend 2. I am looking for Sells (LH) 3.Current trend is Pro-Trend (>Using Daily timeframe) Price on the 3W timeframe has tapped and rejected on my Fib entries, this indicates a possible structure re alignment on this timeframe. But the confirmed setup will take time to form. Therefore: using the daily...

Ocean98

EURJPY Day trading Idea 1.EURJPY is in a bullish trend 2.I am looking for buys on a HL 3.Current trend is Pro trend 4.Price recently broke above previous H, formed a new H. left out a clean consolidation range before breakout. (In higher timeframes this will appear as OB) By highlighting the recent BOS; HH; recently formed HL, i can apply the FIB levels to...

Ocean98

EURJPY Day trading Idea 1.EURJPY is in a bullish trend 2.I am looking for buys on a HL 3.Current trend is Pro trend 4.Price recently broke above previous H, formed a new H. left out a clean consolidation range before breakout. (In higher timeframes this will appear as OB) By highlighting the recent BOS; HH; recently formed HL, i can apply the FIB levels to...

Ocean98

XAUUSD Possible day trading opt. 1.XAUUSD is in a bullish trend 2.I am looking for buys on a HL 3.Current trend is counter trend (Possible MSS) 4.Price has tapped into discounted prices where i wanted to see a potential HL formation. on LTF i have seen a MSS, current opportunity provides a confirmation for longs but i will rather aim for a 5R

Ocean98

Day trading Idea 1.USDJPY is in a bullish trend 2. I am looking for buys on a HL 3.Current trend is pro Trend (Impulsive trend) 4.Highlighting the recent BOS i can identify the most recent formed HH and HL(Which swept liquidity), then apply a FIB to find possible entry points. I always wait for confirmation like MSS before jumping into a trade.

Ocean98

B+ Setup 1H Timeframe. EU has tapped and swept liquidity below the previous strong higher low. Currently we are within a high valued POI, i still do see a potentially for a further push to the down side targeting my second buy limit order. But taking shorts at this point, i find it a little bit pointless, since price is already where we are expecting to see...

Ocean98

EU looks very interesting. It would be nice to see how this one plays out as we have a lot of High impact news. Will the EU resume the Bull run or extend the Bearish momentum to the weekly Strong lows. EU is bullish on HTF, Price has recently taken out the key liquidity low and traded within our entry range. This entry range hold significant buying pressure as...

Ocean98

Hello Traders. Following last week trade forecast: 1.GBPUSD is still bullish for me long term. Price will take some time to form our expected setup. 2. On this timeframe i have highlighted the range the market has been trading within after bearish BOS. Price did not see a stronger bullish run after high impact news on Friday but instead price remained trading...

Ocean98

Following the previous weekly analysis: *I was expecting the internal HL in premium area to hold the price and potentially see a bounce and a resumption of a bullish trend. *Price failed to provide us with a MSS on 4H chart, which lead to price breaking below our strong HL. 1.We now expect price to continue with the counter trend *Pull back phase* until we...

Ocean98

GBPUSD this week!! 1. GBPUSD has been in a bullish trend 2.Price recently formed a new HH and based on market structure i was expecting a formation of a HL on extreme levels after price swept liquidity below temporary lows 3. The only thing i need is CHOCH to confirm this setup and i will be targeting weak highs. In any case: GBPUSD breaks below the marked...

Ocean98

Hello Traders I hope everyone is doing amazing. This is my expectation on DXY this coming week. keep in mind that just as last week, we still have high impact news "CPI" on Thursday so we do expect more momentum in the markets. Now lets dive deeper into our analysis! 1.Higher timeframe is bullish and market has been consistently forming swing HH-HL. 2.we...

Ocean98

Hello Traders Well sometimes we have to look further than what's Infront of us. Last week i saw a major drop on DXY but i was hesitant due to internal POI's in between. but looking at the weekly chart and monthly chart i do see a possible bearish momentum for Dollar but not too sure as how far it would go. Kindly share your thoughts on Dollar index!

Ocean98

Hello Traders GBPCAD looks very clean on HTF. It is consistently forming HH-HL indicating a clean bullish momentum. Recently the market has broken above last HH and formed a new HH. we are expecting a pull back into our marked POI maybe not this week but eventually. Currently structure is pulling back into Discount areas of the internal (SUB) structure, you...

Ocean98

Hello traders! This week seems to be a very fundamental week, be sure to check your economic calendar before trading. Q2 gone, we are definitely half way there. Today i would like to share my outlook on silver which i think is pretty much bullish and we recently saw a HTF BOS and a new swing H has been formed, we are looking for a pull back into HTF POI might...

Ocean98

Hello Traders. Just to share one of the concepts that has grabbed my attention. General we turn to look for high probability areas of interests that the price can pull back to before resuming with original trend. I have marked possible scenarios that turn to occur from time to time. obviously this goes hand in hand with premium and discount; valid BOS or CHOCH;...

Ocean98

Well this is a first for me, never traded this pair but currently it is presenting nice opportunities for a swing pull back to areas of interest. Would be nice to see how far it will go and the most attractive thing about this pair was how the IDM-CHOCH occurred in 4H, the only thing that a trade could be waiting for is a mitigation of the POI that lead to...

Ocean98

Hello Traders! "Regardless of what you are going through, you still have to show up and remain consistent to your vision"-Inspired by Fx Jordan (Jordan Martinez) This week I am keen to see AUDCAD giving us that market structure shift after tapping into our MTF-POI and grabbing liquidity. Those who love patterns can agree with me when i say the price has been...