Phoenix-Rise-Trade

Phoenix-Rise-Trade

Time Frame: - Daily: (FVG Identification) - 4-hour: (FVG Identifiication) 1. Trend Confirmation: Identified a Change of Character (CoC) by the break of the previous support at 1.1000, indicating a reversal in market sentiment and a new bearish trend. 2. Fair Value Gap (FVG): On both the daily chart and H4, I’ve noted a confluent Fair Value Gap (FVG) between...

Phoenix-Rise-Trade

OIL Buy Time Frame: - Daily: (FVG Identification) - 4-hour: (FVG Identifiication) - 1-Hour: Waiting for Confirmation --- 1. Trend Confirmation: Identified a Change of Character (CoC) in OIL by the break of the previous high at 72.40, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the daily chart & H4, noted Fair...

Phoenix-Rise-Trade

Trade Setup OIL Buy Time Frame: - Daily: (FVG Identification) - 4-hour: (FVG Identifiication) -1-Hour: Waiting for Confirmation --- 1. Trend Confirmation: Identified a Change of Character (CoC) in OIL by the break of the previous high at 72.40, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the daily chart & H4,...

Phoenix-Rise-Trade

Market Context: - Price is within a bearish Discounted Weekly Fair Value Gap (FVG). - Price broke Daily Trend Line. Entry: 5450 Stop-Loss (SL): 5850 and trailing Target Price (TP)2: 4300 (last swing low) Target Price (TP)2: 3100 (1.618 Fibonacci extension & Weekly Bullish FVG) Monitoring: Track the price daily and adjust based on new market...

Phoenix-Rise-Trade

Market Context: - Price is within a bearish Discounted Weekly Fair Value Gap (FVG). - Price broke Daily Trend Line. Entry: 960 Stop-Loss (SL): 990 and trailing Target Price (TP)2: 840-850 (last swing low) Target Price (TP)2: 730-750 (1.618 Fibonacci extension) Monitoring: Track the price daily and adjust based on new market...

Phoenix-Rise-Trade

Analysis: - Change of Character marked by a long bullish candle breaking previous high at 200-202. - Discounted Fair Value Gap available between 158 - 186. Monitoring Price for potential LONG position.

Phoenix-Rise-Trade Updated 

Trade Journal Entry USDJPY Sell Time Frame: - Daily (FVG Identification) - 4-hour (Entry Signal) --- 1. Trend Confirmation: Identified a Break of Structure (BOS) on USDJPY by breaking the previous low at 143.43, indicating a continuation in market sentiment and confirming a bearish trend. Noted as well that price is just below a trendline, providing another...

Phoenix-Rise-Trade Updated 

Analysis: - Broke previous high at 980.00 (indicating uptrend) - Broke the (correction) trend line after 4 touches. Trade Setup: - Entry Point: 988.00 - 990.00 (trendline breakout) - Stop Loss: 962.50 and trail the line. - Take Profit: Exit upon candle closing under the trendline / reachs 1060.00 (1.618 Fibo) Disclaimer: This journal is for personal purposes...

Phoenix-Rise-Trade Updated 

Analysis: - Trendline: Down trend - Strong resistance at the trendline; Engulfing after touching the trend for 3/4th time. Trade Setup: - Entry Point: 983.700 (waiting for trendline breakout) - Stop Loss: 990.000 - 991.000 - Take Profit: Exit upon break below the trendline / 900.000 ( previous low ) Disclaimer: This journal is for personal educational purposes...

Phoenix-Rise-Trade Updated 

Current Status: - Trendline Touches: 4 touches confirmed - Analysis: Strong resistance at the trendline; monitoring for trendline breakout. Trade Setup: - Entry Point: 975.250 (waiting for trendline breakout) - Stop Loss: 993.800 - Take Profit: Exit upon break below the trendline Disclaimer: This journal is for personal educational purposes only. Trading...

Phoenix-Rise-Trade Updated 

Market Context: Price touched Bullish Daily Fair Value Gap (FVG) following a new swing high. Bullish engulfing candle confirmation after retracement on H4 timeframe. Entry Buy : $2564 Target Price (TP): $2640 (1.618 Fibonacci extension) Stop-Loss (SL): $2527 (below FVG) Monitoring: Track the price daily and adjust based on new market...

Phoenix-Rise-Trade Updated 

Trade Journal Entry USDCAD Sell Time Frame: - Daily (FVG Identification) - 4-hour (Entry Signal) --- 1. Trend Confirmation: Identified a Change of Character (COC) on GBPJPY by breaking the previous low at 191.40 indicating a bearish reversal in market sentiment. 2. Fair Value Gap (FVG): On the daily chart, noted a Fair Value Gap between 193.30 and 195.85....

Phoenix-Rise-Trade Updated 

Trade Journal Entry USDCAD Sell Time Frame: - Daily (FVG Identification) - 4-hour (Entry Signal) --- 1. Trend Confirmation: Identified a Change of Character (COC) on USDCAD by breaking the previous low at 1.3600 indicating a reversal in market sentiment and confirming a bearish trend. 2. Fair Value Gap (FVG): On the daily chart, noted a Fair Value Gap...

Phoenix-Rise-Trade

Market Context: Price breaks previous resistance above 3030. Bullish Weekly Fair Value Gap (FVG) following around previous resistance & 50 Fibonacci. Waiting for price to retrace back into FVG area, and making a reversal signal. Entry Buy : 3000 Target Price (TP): 3300 (1.618 Fibonacci extension) Stop-Loss (SL): 2900 (below FVG) Monitoring: Track the price...

Phoenix-Rise-Trade

Market Context: Price is within a bearish Weekly Fair Value Gap (FVG) following a new swing low. Awaiting reversal confirmation during the current retracement. Monitor the MACD for Bearish Divergence signals. Entry Strategy: Enter short when the trendline is broken. Target and Stop-Loss: Target Price (TP): 3050 (1.618 Fibonacci extension) Stop-Loss (SL):...

Phoenix-Rise-Trade

FX:EURUSD Daily Chart: - BoS Structure - 1 consolidation candle

Phoenix-Rise-Trade

Learning to trade with Order Block & Multi time frame analysis. Disclaimer: This Publishing note is intended for personal use, not for recommendation or education.

Phoenix-Rise-Trade

Learning to trade with Order Block & Multi time frame analysis. Disclaimer: This Publishing note is intended for personal use, not for recommendation or education.