waiting for pullpack to daily AOI and shift of structure on smaller timeframes 05/10/23
Daily: downtrend, w B.E and pullback 4h4: DT, Respecting 50 ema and 4hr resistance 1hr: DT 30min/15 min struc entry
trade day feb 8 2023 USDJPY & EURJPY breakdown of todays trades
nzd/cad long explanation with confirmations Trade taken during asian session
weekly , daily, 4hr : UPtrend bulish daily PA break and retest of .86300 levell asian session entry entry taken from 15 minute
Confirmations: Price action Market structure Trend Support and resistance MA’S FIB
entry 10:30 am Monthly: UT, very bullish weekly: UT,very bullish Daily: UT, BREAK AND RETEST OF 1.30000 level 4hr/1hr: above 50 MA creating structure above 1.30000 level fib play / break and retest
Monthly: DT, closed above 1.05000 major support level Weekly: DT, last week closed doji(bullish reversal candle) above 1.05000 support level Daily: UT, yesterday closed doji with a HL above 1.05000 level, the past week it has been respecting this major support 4hr: UT, making HL with bullish price action ( huge bullish engulfing 4hr candle) 1hr: UT, ABOVE 50...
Daily: past 3 days have been consolidating at 1.0500 level, HL formed 4hr: mini uptrend previous structure point was broken + HL being made + bullish price action above 1.05000 zone 1hr: Uptrend, above 50 MA (retracement setup) fibonacci play
entry at 5:00 am wEEKLY: DT Daily: dt, lower high made 4hr; DT, head and shoulders market struc. pattern+ retest of neck line with bearish rejection, under 50 ma 1hr: dt, under 50 ma 1 hour entry
Entry at 9:00 pm Weekly: Downtrend, under 50 MA Daily: downtrend, fibonacci 23.6 setup 4hr: downtrend, under 50 MA lower high made 1 hr: DT, under 50 ma, bearish PA 15 min downtrend + entry
NO CONFIRMATIONS JUST VIBES its making the same structure pattern it made last week Weekly: last 3 weeks closed bullish respecting 1.75000 zone daily; uptrend 4 hr: higher low made 1hr: uptrend
Entry at 8:30 pm Weekly: downtrend, last week closed extremely bearish under 0.085000 zone Daily: downtrend, under 50 ma m yesterday closed super bearish below the last days close 4hr: Downtrend, just broke structure looking to sell the retracement Under 50 MA 1hr: Downtrend, under 50 MA 30 min entry
Entry 8:15 pm Weekly: dt, under 50 ma Daily: downtrend, rejecting 3.75000 resistance zone 4hr: downtrend, next bearish 4hr close would be ultimate pa conf. 1hr: lower high formed, respecting 50 ema Fibonacci setup 15 min entry
entry at 8:00 am weekly: downtrend, under 50 MA daily: downtrend, broke under 72500 support zone 4hr: DT + 4hr rejection candle 1hr: marketstruc. lower high formed under 50 ema fib 23.6 play 1hr entry
entry at 4:15 am Weekly: DT, under Ma's daily: downtrend, broke structure under Ma's 4hr: DT, under 50 EMA respecting 1.22500 resistance zone 1hr: dt, under 50 EMA fibonacci 23.6 setup 15 min entry
9:15 AM ENTRY weekly: last 4 weeks closed bullish respecting 1.75000 support level last week closed above yesterdays close/ range Daily: uptrend, bullish 4hr: uptrend bullish structure, above 50 ma last 4hr candle closed doji 1hr: uptrend, respecting 1 hour zone + Market structure+ above 50 eMA 1hr: retesting previous resistance 15 min entry
continuation trade entry at 9:10 am Daily: downtrend + yesterday closed dojo bearish Weekly: downtrend, last week closed bearish below last weeks range + rejecting 1.90000 zone 4hr: downtrend under 50 ma 1hr: downtrend under 50 ma 15 min entry