stoch divergence M30 + breakout, potential buy. entry on M5
my new scalping technique. 1. find divergence (stochastic) from M15 / M30 / H1 / H4. on this case its M30. 2. breakdown to M5 timeframe to find the entry, we need the candle to break the previous lowest low and form a new lower low. 3. then in m5, we have to wait to price to back to above that previous lowest low. 4. from awesome oscillator, once the AO indicator...
1. gold divergence in M30. 2. in M5, it breaks the previous lowest low already 3. it back to above previous lowest low already 4. AO indi already shows a red bar with negative value 5. its the entry time now!
trend continue for the bullish, we are looking for BUY setup in the nearest SnD zone. scalping also valid if you want to find SELL zone in the nearest resistance / snd area.
bullish trend still continue. in H1, i will try to find a BUY setup whenever price enter the BUY zone in the nearest SnD area
BTC halving in the next few hours, retail is reacting massively. all BTC pair will have some high volatility before and after the halving. from our previous halving experience, even after the halving time, BTC will still have time to add some extra corrections before it goes to the moon. on this chart, i have drafted the possible correction for BTC using daily...
UJ H2 is almost reaching the buying zone... waiting confirmation before taking any entry.
EJ Scalping: Price Taking Liquidity To Close The Gap
I always trade on the "high liquidity zone" which is basically supply and demand zone. from H4, this clearly marked as as high liquidity zone. I will find an opportunity for SELL or BUY on those zone. the entry itself will be defined as usual using the following rules: 1. Liqudity Grab on Higher Timeframe (H4). as long as there's liquidity grab on H4 on the zone...
USDCAD is in the buying zone now. put buy limit. target TP is the nearest resistance in M15
NZDCHF H4 - Waiting a SELL Confirmation waiting confirmation. i only expect a good long short wick from the selling zone to open an entry. its "untouched zone", high risk entry but high RR.
GBPJPY is approaching the same level support from yesterday. if we can find a rejection the buy zone, then BUY is a valid entry. target is nearest resistance level.
EU H4 still on the down trend. I waill wait price to reject to the selling zone and put entry there using M15.
GU is still on the downtrend at H4 Timeframe. I will wait price to reject nearest resistance zone. and use M15 for the SELL entry.
watch out for BUYING opportunity in EU. criteria to consider: 1. price entering a buying zone in the daily timeframe. 2. look at the liquidity zone at H4 (long wick) 3. once liquidity zone at H4 is confirmed, use M15 for the entry. 4. wait until price break the lowest high and price back to the liquidity zone at the valid order block area.
DXY is entering a decision zone. if price break this level of resistance, if potentially up to the next resistance level between 107-108. if price rejected, if might fall to the support level at 103.5.
gold will be rejected at the resistance zone M15. high level timeframe trend is still downtrend.
H4: price rejected at the support level. fakeout / liquidity weep. M15: choch line has been breaked, price on the buy zone now target TP1 is nearest resistance.