Hello Guys, I do hope the trading week has been fair to you. Now the breakdown of this pair. Let's start from the weekly, we have a bullish CHOCH on the weekly timeframe. Dropping to the daily timeframe, you will notice that we have buy-side liquidity (relatively equal highs) to hunt and the actual demand orderblock is below a swing low. (see annotations) You...
Hello Guy, It's another trading week and I want to share my view on AUDCHF with you. Legggoooo!!! If you take a look at the monthly timeframe, you will notice that price just reacted from a monthly orderblock. If you drop down to the weekly timeframe, you will notice that price had created a bearish CHOCH and has retraced to the weekly supply OB from which we...
Hey Guys, A quick one. On the weekly chart, we have a bearish CHOCH and price has retraced into the weekly supply orderblock. My speculation is that price will likely continue the bearish move from there. Follow for more updates like this. Cheers, Jabari
Hello Guys, Let me leave you with a quick one. Notice how price cleared the buy-side liquidity... and it seems like price might form an inverse head and shoulders pattern if the bearish move occurs. Follow for more updates like this. Cheers, Jabari
Hello Guys, I would just point out briefly why I will take this trade if my setup appears despite it being risky and I will also share why I think it is risky. Why is it RISKY? If you go on the weekly chart, you will notice there was a W pattern and price retraced and printed the continuation of the W pattern which should likely make us reach for higher prices....
Hello Guys, This pair is currently trading towards a weekly order block and we have a strong bullish rally into this zone. Price is likely to retrace from this level. The above narrative was simple yea. Follow for more updates like this. Cheers, Jabari
Hello Guys, I'd keep it simple. Price is trading into a weekly order block that hasn't been mitigated. Once the price hits this level I'd be watching to see if this level will hold to go long. Follow for more updates. Cheers, Jabari
Hello Guys, On this pair, price just traded into a monthly orderblock (see your monthly timeframe) and formed a CHOCH on the daily chart. If and when price will trade to the daily order block, I will be looking for my trade setup on the 1-hour chart to go long. The target will be the daily FVG that is unmitigated. Below are correlated pairs for your...
Hello Guys, The price just cleared a 3-month low and formed a CHOCH on the daily timeframe. If we get a retracement, I speculate that price will go to hunt the weekly buy-side liquidity. Follow for more updates. Cheers, Jabari
Hello Traders, We have a situation whereby there are multiple confluences for this bullish move. To start with, on the monthly chart, we can see that price is retracing while forming an 'M' pattern which will complete at the monthly demand orderblock which is a 'W' pattern. This simply means that we should expect bullish price movement. On the weekly chart, we...
Hello Guys, This trade is a simple trade if the right market structure presents itself in the weekly supply order block. One thing you should notice is the weekly order block (view on the weekly chart). The order block was created when the price printed a bearish CHOCH on the weekly timeframe. Price has not traded into this order block with a W pattern. If you...
Hey Guys, Longtime since I made a post. Been busy with personal stuff. I do hope trading has been profitable for you. Now, what you will notice on the weekly timeframe is a bearish CHOCH and price on the daily timeframe is approaching the weekly supply orderblock while creating a 'W' pattern. Once price trades into the supply orderblock, I will be interested to...
Hello Traders, This pair is approaching a strong supply zone which might be used to create a retracement for the extended 'W' pattern being formed on the daily chart. Follow for more trade ideas like this. Cheers, Jabari
Hello Guys, Like AUDCAD (inserted below), price cleared sell-side liquidity (relatively equal lows). Look left on your daily chart to see it. After clearing the sell-side liquidity, price formed a CHOCH on the daily chart. I'd like to see a retracement into the daily order block and wait to see if my trade setup will appear before going long. Follow for more...
Hello Guys, NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside. Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the...
Hello Guys, Price has traded into the weekly orderblock and my speculation is a reaction from this order block. Note that price traded into this zone whilst forming a W pattern on the weekly chart. Also, Price has swept the inducement on its way to the weekly order block. See my profile for more updates. Below are correlated pairs. AUDCAD EURCAD ...
Hello Guys, Price just cleared 3 month low after which it formed a CHOCH on the daily timeframe. I'd like to see how price behaves when it trades into the daily order block. If I get my trade setup, I'd go long. Follow for more updates. Cheers, Jabari
Hello Guys, How has the week been so far... Well for me, kinda bumpy but it's part of the game so I'm good. Anyways, here we have a pair that just swept a monthly high (buy-side liquidity) and price formed a CHOCH on the daily timeframe, hence, the daily supply order. I have set an alert for when the price will trade into the daily order block. Once that...