UJ is in a strong bullish trend right now, with a larger pullback at the moment which indicates that we can now wait for the accumulation in the HTF demand zone. I will be waiting for price to slow down within this area, switch into a consolidation were liquidity will be build. I will be monitoring price in this range on the 5 min TF, enter on the 2 min TF using...
Even though previous week was pretty bullish I still expect the bearish trend will continue and it will keep taking out the weak lows. The move during NFP didn't really give a clear signal what direction price wants to go, we'll see during CPI upcoming Wednesday I guess. I would like to see the imbalance to get filled first with a nice rejection which will...
The move during the NFP news event reacted real strong on the 4hr demand. Big long orders were pushed into the market, I expect that the upcoming CPI news event will likely do the same targeting the next weak high.
EU is showing some nice bearish movement, breaking 4hr weak lows over and over again. Currently price broke another 4hr weak low, would be nice if we could get a nice mitigation back up into the supply area so we can look for new shorts down to the next 4hr weak low.
Will be waiting for price to mitigate the previous bullish move down to the 17836.93 price level where price can close the imbalance which is left behind after the big orders that where pushed into the market. After price reaches this level I will wait for internal structure to break before looking for a long position entry. My stop loss will be under the last...
UC is showing some really nice bullish price action, break the weak highs heading towards a weekly high. Last week price broke the daily leaving behind some imbalance and a nice demand zone. I will not be looking lower for my demand zones because it looks like they are targeting the weekly high first before the lower mitigation will happen. So if price comes down...
Overal i'm still bullish on NASDAQ but the current price action is showing some bearish momentum. So I'm going to follow price down until it shows some bullishness again. Last week price broke a strong low and so it looks like we're heading down to a lower demand zone. If price pullbacks to mitigate the previous bearish move I will be looking for shorts in the...
A strong 4HR demand zone got respected and looks like it's holding the HTF bullish structure. I will be looking for longs from now on starting at the LTF demand zone around the 4388 level.
GJ is trending bullish real nice and started to respect the HTF demand zone. I expect the inner structure to break first before coming back down to the new formed demand zone at 184.890. Here I will be looking for new longs up to new weak high at 186.470.
We're seeing a nice bullish run on EU, which has left a nice demand zone for us to go long from. The marked area cleared the lows before it broke the structure, has some unmitigated areas left within that zone. Would be nice if during Asia session price will drop into this zone so we can benefit from the volume of London opening and target the previous daily highs.
GJ is mitigating the buys from yesterday. Entry: 165.526 Stop loss: 165.397 Take profit: 167.856 (highs)
E/U is mitigating the sells from yesterday. Entry: 1.0530 Stoploss: 1.05360 Target: 1.04686 (lows)
GJ broken structure. I'm waiting for the retest at the demand zone on the 61.8% FIBS, which is also the last move down before a massive push up. Could be a very nice 100 pip trade.