took these shorts on a 5m timeframe and executed around @9:30 am est easy trap for the bulls just so the bears can come in an sweep up profits
i was expecting shorts but i got in way to early @1am then waited until ny session after i got stopped out. just closed 80+ pips of this position
don’t marry a bias. react to the market. trade what you see not what you feel.
possibly have some hard shorts tonight pre/london session, just gonna have to wait and see what price prints
could maybe expect price to tumble down if we can respect this trend line and break this daily area that is holding. if not. we could expect a hug bull run, but who knows we react to the market. never predict
my bias is short. expecting a push further down. expect a manipulation up to then push lower
sells bc we've been in a range side ways for a couple days. the bear moves seem stronger than the bull moves.
I can see GBPJPY push higher. due to the fact that the previous weeks candle was a doji. I noted that 1. weekly seems to be in a uptrend. 2. the previous days candle can be a fake out since we never really reached the daily resistance area. 3. clean break of structure along w a 5m close above my GOLDEN area. EZ dubs
took sells. everything lined up for a nice sell to go lower. let’s see what happens. Tp1 20 pips from entry. after that move sl to +5 pips after Tp1 hit
if we can get a break below this level currently. we could get into some shorts will update!
I expected that if we broke the high we would push one more time into the 154.656 area. and when it did on a lower timeframe I took a long and took my profit at the resistance (154.656s). but now we could possibly be coming into shorts because of the huge rejection we got on the 1h, we will have to sit on our hands and wait for a break below the yellow area INSIDE...
man these shorts have been anticipated, and today was a decision point where you would see price either fly or melt. Price had its "still moment" before its true directional pull and keeping below the 4h resistance areas and showing clean rejections. It would be smart to buy against the impatient.
GBPJPY's previous day candle has rejected this strong daily resistance area, so we break down to the lower time frames and see lots of chop. although on the higher time frames my bias is short, so prelondon I will only search for shorts into 152.000s.
I see a very bullish BTC. a break and retest of this area (circled) can give a nice push. 100k before New Years? lets see! HODL!
US30 has been bearish the previous week, slowly price has started to tumble lower. we could expect price to reach 35950.00s. IF price can maintain below the support area marked (horizontal line) NY session tommrow will be interesting. Will update idea later :)
if XAUUSD can maintain above these previous days highs and create a "break and retest" pattern we could see price POSSIBLY head to 190000.
I see 1900 as a nice area to play in. bullish because pandemic exactly lol jokes