USDJPY is now at an H1 double top that most likely by the end of the NY session tomorrow it will have been a sell Stop Loss slaughter fest simply because the overall trend is going back up Bullish with buyers in control.
If the price creates the double top I'm getting in for a sell in the H1 blue demand, which should ultimately push the price back up to the red...
USDCAD has been in the D demand zone for 2 days now and although there's a lot going on in there its still a valid level. Furthermore seeing this failed attempt at a lower low and also full body candle break of the zone, it leads me to see that price could perhaps still very well buy from this level. So my entry is an H1 BOS in the gan discount and also my entry...
UJ has finally mitigated the D demand zone. Once it did that it made an H1 ChoCh and will most likely go back up to the high of 152.000
My entry here is straightforward. A BOS Pullback in an H4 zone refined down to the H1 candle that caused BOS. My stop Loss of 67 pips just below structure with my TP up at the daily highs.
I anticipate to swing trade this and add...
USDCAD has been on a flight headed straight for the moon ever since Sept 21 with FOMC and the Fed's taking a firm stance on keeping the interest rates high. Visible in my analysis on the H4 TF USDCAD is still breaking highs and making bullish structure. I believe the point we are at now is a Liquidity grab as price needs to build up momentum to take off and...
The EUR has seemed to fail at making another Lower Low after pushing down hard off of a Daily Supply zone, also the EUR has been having good momentum and bullish pressure from the lower TF H4 Counter zone which seems to reverse price if it holds. The DXY is now looking bearish with the H4 50Ma now above the price it leads me to believe the dollar is losing its...
EJ has made an H1 ChoCh/Break of structure to the upside.
The highlighted purple demand zone is the zone where Bullish momentum kicked in to drive price and create the BOS
Liquidity is being built by early buyers and my entry is just below the inducement and right inside the 1/15min demand zone.
Price must continue up in order to come back down once it touches HTF SUPPLY
Confluences for buy
1. Indicators are at lows and showing signs of exhaust and bullish momentum
2. the Weekly and institutional trend is bullish so buy positions are ideal and better for psych
3. Price has retested H4 demand and entry is now at H1 retest
4. On the 5 & 15 min TF Price is reversing and also never broke structure
5. Stopped perfectly and made a...
Price never made a lower low and has now broken Lower Time Frame structure to the upside. It looks like price will buy to Higher Time Frame Demand and continue institutional sell downtrend in marked zone
