2 EQH's, meaning lots of liquidity. Wait for EQH's to be broken, then look for reversal candles to catch the sell. Most favourable would be englufing. hanging man, eveningstar, or gravestone doji. You can try catch 15M high for a higher RR trade, or you can just play it safe and put a bigger SL for smaller RR. Look on the D1, we could definitely be seeing a bearish gartley
2 EQH's, meaning lots of liquidty and big moves in bound. Just wait for the EQH's to be broken and then watch out for reversal/englufing candles.
CHF and JPY are gaining strength. The pairs against CHF and JPY have formed a 4H engulfing, leading me to bullish we have a 150 pip move loading.
SHORTS very valid from here. All pairs against JPY look like they want to fall. Wait for your 4H reversal candles and set adequate targets.
Beautiful example of a valid mitigation that nearly became a CHoCh (Change of Structure). Now we have a W pattern being made, I expect price to grab liquidity in order to push down again. This is a 1 hour/15 mins trade as we cannot see the W on the 4H. Wait for the retracement, then enter on a reversal candle. Try and catch the right retracement, it might be the...
The signs are all there. All JPY patterns have made this harmonic pattern, grabbing the liquidity from the W pattern. I just need a little more momentum and bearish confirmation. Im waiting for BOS and retracement, although price might only retrace to the 38,2%, as it seems bearish momentum is picking up. Wait for the accurate retracement then enter
Waiting to re-enter on AUDCAD. Wait for a bearish reversal candle on the 4H or a CHoCH on the lower time frames. AUD is still very bullish, so wait until we have made the full retracement.
EURCAD shorts, waiting for 4H candle to confirm as a bearish engulfing candle. Liquidity has been grabbed, we have BOS & retracement and support from our EMA's. Lets see what happens :)
Just a prediction for AUDUSD. Long term bearish, short term bullish. Will it make the desired move?
3 confluences for this trade: BOS and retracement into our golden fib zone on the 4H, price then formed a bearish engulfing candle indicating big sell side momentum. We also had support from our 50, 100, and 200 EMA's. We were also in a clear downtrend channel as well, so all I had to do was follow the trend, overall very clear structure for this pair. I am quite...
3 confluences on both of these trades: BOS and retracement on the M30/M15 timeframes, we have support from the 50, 100, and 200 EMA's as well as price coming to form rejection wicks off of our 200 EMA. When price came into our golden fib zone, we had a bearish engulfing candle on the M15 for the 1st trade, for the 2nd trade we had a swing low formation where the...
3 confluences for this trade: We had a series of LL's and LH's being made, and then a BOS and retracement into our golden zone which presented us with our entry. We also had support from our 50, 100, and 200 EMA's, aswell as support from a basic downtrend line. (Trendlines hold little significance on the lower time frames). The last confluence was the tweezer top...
3 confluences for this trade: BOS and retracement into our golden fib zone on the 4H timeframe, support from our 50, 100, and 200 EMA's, a hanging man candle on the 4H to indicate that price is rejecting our fib zone and is about retrace. After the liquidity grab from the previous moves, sellers were still well in the market.
3 confluences on this trade: Bearish wedge, BOS and retracement into our golden zone on 4H, 5 long wicks rejecting the the top of the wedge on the 1H timeframe, as well as bearish engulfing on the 4H timeframe. Our EMA's were trying to tell us that price was in a range, however those 5 wick rejections on the H1 was more than enough confluence needed. We closed...
3 confluences: BOS and retracement into our 38,2%, nearly our 50%. Massive 4H bearish engulfing candle. Support from our 50,100, and 200 EMA's. Clear trend channel as well, making it easy to trade with the trend. We waited for the shift from HL and HH structure into LL and LH structure, then we entered on the retracement/lower high.
3 confluences: BOS and retracement on Weekly as well as 4H. Trendline breakout, leading into a series of LL's and LH's being made, providing clean structure. Close support from the 20, 50, 100, and 200 EMA's. Was a valid and good entry, however banks pushed price up to target liquidity only so a bigger move to the downside could be made. Also entered on a...
3 confluences: BOS and retracement into our 50% zones on our Weekly and 4H timeframe. Breakout of major trendline, with a series of LL's and LH's being made, presenting clean structure. Also close support from our 20, 50, 100, and 200 EMA's. Also had a bearish engulfing candle to signal downside momentum. Just very clean bread and butter structure.