price just broke out of a major zone after making a double top. on the 15 2 bar rejection was made. im expecting price to retrace the double top before making any move down.
Price is heading towards previous daily swing low. price seem to have just retested the vwap and made a rejection candle with heavy volume. recent p.a shows a rejection of 2.09850 which also lines up with the supertrend as a resistance.
Indicator will print bull signal if close above 1.08300 on the 15m it would be cosidered a high probability trade 1.ema cross 2.bullish on rsi 3. above hll 4.above blue line 5. ema retest ?6. bullish signal print?
Weekly: Bullish, Retested unmitigated ob 163.150-750, Week closed above recent high, price is 300 pips above last major support and 120 pips from next major resistance. Daily: Bullish, Rejection from major resistance the day before market close, Price is on a 100 pip bullish run breaking major zone without a valid pullback. 4hr: Consolidation, Double top pattern...
Weekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse...
price made a double top at 162.300 rejected and moved down. price bounced off 161.975 and started a retracement. price rejected off a lower tf fvg and made at double top in the fvg zone which happens to be at the golden zone. i expect price to break the 1 hr trendline fill the lower ob.
price made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
Price seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
Price made a double top at 0.88168. it rejected the high zone with a bearish engulfing on the 15m and also formed a head and shoulder. we can use price action on lower tf for a entry at the retracement of the right shoulder and .618-.786
Gbpusd made a double bottom after a strong downtrend that left inefficacies in the market. if we look at most recent p.a we can see price broke previous internal equal highs and grabbed liquidity. price started retracing down after breaking 1.26090(where equal highs were located.) which was the last major high. it also created a choch ob that is still unmitigated....
strategy gave buy signal on 5 min tf. take profit for the 5min signal is for 181.934. the strategy also gave a signal that met all conditions on the 15min tf. this is a new strategy im trying out this week.
indicator gave us a buy signal on the 5 min tf. i just created this strategy last week this is my first week back testing it lets see how it goes. trading news after 8:30 am est
price just rejected the .786 also triple top at 182.300. there was also a bearish choch of character on the 5min tf followed by the retracement. there is a lot of liquidity down low also. you can wait for a break of the trendline and a break of 182.100 to be more conservative.
head and shoulder was made along with a choch price seems to be retesting the neck line at the moment.
price has been in a strong downtrend creating much liquidity up top. showing support 142720 at a 4hr order block price has shown a Choch which means price can be getting ready to head to the upside. to be more conservative wait for break n retest of the potential bos.
price created a h&s pattern and rejected the 1hr order block (white box) multiple times. price is coming down from rejecting the daily low level of 1.93050. im expecting price to head to the 0.5 0.618 (gold box) of the weekly low and daily low.
price rejected daily high level 1.67000 creating a double top pattern. price just closed below 1hr order block zone (white box) and is should do some order fills for the 4hr order block (grey boxes). im expecting price to head the the gold box which is the 0.5 0.618 retracement of the daily zone.