Gold has tapped into supply. We should see a short from here
Waiting for price to break and retest below the neck line. If we break the neckline we may see price melt tonight
I posted a set up earlier about this pair but this is a better outlook. I have highlighted the demand zone . We have a huge gap in volume on the volume profile so price is probably going to drop fast through this area. From there we can look for a buy setup.
We have the bulls easily controlling price. We have a gap that needs to be filled as well. I will be looking for a buy set up once the gap is filled with a high R:R opportunity
So far so good. You can move your stop loss to break even if you haven't already. Price still needs to fill the imbalance. Therefor we will hold the trade until we fill the imbalance
So as you know we entered at the top. Looking at market structure we need to fill in the imbalance. So this could be up to 1:12 RR. You could move stop loss to break even if you are more conservative.
We have UJ tapping into a key area of supply. We will have a high R:R opportunity as usual with this set up
This is an aggressive entry. We have tapped into a key area of supply. You can also wait for more confirmation by waiting for price to break structure to the short side
I'd like to see price come into the unmitigated zone drawn up. This will also be the sweet spot on the fibb. Right now it looks like price is making a double bottom. It looks like it may take a few days to get back to our supply.
It doesn't look like AUDJPY has fully reached it's retracement. I will be looking for a buy set up from this area though. I will based trade off of price action
We have taken out an area of supply. I will be looking for a sell set up here. Last trade with this pair we hit a 1:5 R:R!
We are in here with a 1:3 R:R. We will move stop loss to BE when price gets 50% to target. This will be the last trade of the week.
We have continued to reject around a key supply zone. We have a high R:R opportunity here at 1:5
Supply is in a good area which happens to be just passed the golden zone on the fibb as well. I will be looking for a short set up from this discounted area
Anticipating price to test the area of supply for a possible short set up. We will also be at a value area on the fibb
Waiting for price to get into the supply zone drawn up. I believe price will rise to take out anyone with stop losses that are currently short.
WE HAVE A BoS on the 15m TF. So we are in this trade with a high R:R opportunity.
We have not had a BoS to the upside therefore we are waiting on a lower timeframe for more comfirmation