Trader_366_FX

Trader_366_FX

Caught intraday shorts on NY open to lower prices. Because we're overall bullish on the HTF we could possibly see prices go lower. However, we have to note that price has yet to mitigate and fill imbalances from the initial bearish move from last week's close. Plenty of intraday opportunities to get into a HTF swing in the coming days.

Trader_366_FX

We see that price shot up and created a new 4h range that we can play with. We also see the 61.8% range lines up perfectly with an unmitigated zone with a FVG and a demand zone that price will gravitate towards in the next few weeks before moving higher. Long term we're certainly bullish and it seems like price will continue this trajectory the next couple of...

Trader_366_FX

We see that this Bearish hourly range was created after a market structure shift after liquidity was taken. We can denote from this range as well that price is creating further sellside liquidity to be taken out later on. Because price is still on discount prices of the range, we wait and see what develops or if price has the willingness to get to premium...

Trader_366_FX

We've tapped into premium pricing and this gave a reaction for price to move lower. Taking into consideration that overall we're clearly still bullish, price may require to tap into lower prices and seek sellside liquidity before finally moving higher. From a bigger picture, we're definitely in a HTF range and we see this on the Daily, Weekly and Monthly. My...

Trader_366_FX Updated 

We see price take out all sellside liquidity from a HTF. This signifies that price is willing to go lower to finally pullback from a weekly perspective. Intraday buys to sell are still a good option, however because there is a clear market structure shift on the daily based on candle closures, we can possibly expect a mitigation of higher prices to 2382.61 ...

Trader_366_FX

Price is overall on a consolidation phase, but we're still bearish from an intraday perspective, however in discount from a HTF perspective of bullish structure. Granted we're at a significant weekly demand level that we can definitely see higher prices short term from here. Ideally we'd want a bearish move to sweep sell side liquidity, then push bullish to...

Trader_366_FX

Weekly Outlook for Week 7-11 August 2023. We see from this past week that we've respected the SIBI from and closed bearish on Friday. Taking into consideration that we certainly are in a tight range as far as the weekly breaker is concerned, I still have bearish expectations going into the new week to seek sell-side liquidity and rebalance the BISI left from...

Trader_366_FX

OVERALL TREND BIAS- BULLISH Looking for long opportunities as well on the Aussie Dollar, price has rejected and been stopped from breaking below a key structure level that's acted as support multiple times. Looking for a bullish engulfing candle or some sort of buying pressure to enter on the 15M TF this week. Similar to GOLD, we can scale our positions...

Trader_366_FX

OVERALL TREND BIAS- BULLISH Price movement- consolidating in a channel the past couple of days before market closure. This looks like bullish flag pattern that's forming on the daily TF and multiple wick rejections to the downside signify a strong bullish trend that may push the price higher. Looking for only buy setups here. and targetting the 1800 and 1815...

Trader_366_FX

Overall trend bias-bullish Huge dip over the weekend, but still at an overall correction phase to the upside. Looking to retest 38.2 support level and rally towards the upside.

Trader_366_FX

Overall trend bias- bullish Seeing a bullish rally from the 23.6. Potential retest and move towards the upside. Taking a long entry from here based on price action from the 1H TF. What do you think?

Trader_366_FX

Overall trend bias-bearish Short entries on 3 potential scenarios Scenario 1- Break of support structure-->retest resistance--> short entry Scenario 2- rejection of resistance level 38.2--> short entry Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry What do you think?

Trader_366_FX

Overall trend bias- bullish Long setups potentially forming on 4H TF. Scenario 1- Break into HHs-->retest-->long entry Scenario 2- retest-->long entry Scenario 3- break below 23.6-->rejection from 38.2 support-->long entry What do you think?

Trader_366_FX

Overall trend bias-bullish Looking for long entries for this one Scenario 1- break-->retest-->long entry Scenario 2- rejection from support--> long entry Scenario 3- Break-->retest of resistance--> rejection from lower support level-->long entry Scenario 4- (unlikely scenario) but looking for a long entry from lowest support level rejection What do you think?

Trader_366_FX

Overall trend bias- Bullish We have 3 possible scenarios where price can take us. Looking for long options on the 1H TF depending on price action. Scenario 1- break--> Retest--> Long entry Scenario 2- Rejection off support level --> Long entry Scenario 3- Break below support--> retest of resistance to lower support--> Long entry What do you think?

Trader_366_FX Updated 

OVERALL TREND- BULLISH ON THE DAILY (OVER 200EMA) and at a corrective retracement of a key support structure level. Again looking for long setups based on key support levels, looking to break into higher highs with a potential bounce retest of a major key support level at 1.380 and 1.380 Otherwise we have a key support level between 1.367 and 1.368 that price...

09:11

Trader_366_FX

My thoughts on AUDUSD, GBPUSD, NZDUSD and XAUUSD. What do you think?

Trader_366_FX

OVERALL TREND DIRECTION- BEARISH ON THE DAILY TF. Corrective and ranging on the 4H TF. We can see that price has made a double top pattern and may potenially look to make lower lows to respect the overall move to the downside. The 2 potential short scenarios this week are as follows. Scenario 1 will follow a break and retest of that support level to the...