1. 4HR Bullish order block & EQ of that candlestick, As marked price tested the EQ before shooting up - where I'll be setting up longs when prices trades back towards that level. 2. 15M Bullish order block, another area of interest where I'll be setting up longs. 3. Where I don't want to see react. If it plays out to the downside piercing the marked S/R and OB...
Shorting from this price level. Expecting a reaction on the downside
Expecting price to go on the upside after hitting marked price level
I'm swinging this on MT4 with my stop loss @1298.40 but I want to see 1280 level to get violated and take profits
Still shorting this pair. Price to continue downward after hitting a resistance level on the HTF
Price fell into a demand area wasn't really sure if I was actually going to take the trade due to the uncertainty of the market following the Brexit. Considerably a tight SL, I may trail my stops if the market gives me a clear indication that It's going to rally.
Price broke through structure level and just touched the demand zone on the HTF. Price will find resistance from the structure level but hopefully will break it with conviction
4H structure high is holding after one retest. Structure lows to be violated but if a bullish candlestick formation forms, set my buy stop just above the structure high & capitalise .
Potential bat pattern. Back testing price patterns
Charting on MT4 yesterday around 7 in the evening. Stoch indicates GBPJPY was oversold on the H1 & H4 timeframes. Pin bar candlestick formed just under the previous R/S zone. Set my sell stop @ 162.170 - feeling to catch a wave, hopefully a big one. Any ideas?