DESCRIPTION OF TRADE IDEA . As we can clearly see head and shoulder pattern , being formed up in 4hr TF , it sells us the idea of potential short opportunity incoming in the future . Secondly , we can see a strong momentum of 4hr bearish candle formed up and making a fractal low , which in many times i have seen goes to retest on the nearest supply or...
DESCRIPTION OF TRADE AS we can clearly identify head and shoulder pattern and retest of the neckline of the pattern , which gives us a text book confluence of the pattern . And so , inline with the chart pattern we now look for market structure to look for potential trade we could get . Atm, i am looking only for buy opportunity and in line with the...
Description of trade As we very clearly identify a HEAD AND SHOULDER pattern in 1hr TF and 4TF , there is a high probability of pair to reverse , as we see constantly with this chart pattern . Price if retests on the neckline after 1330 UK TIME ( MAJOR RED NEWS TIME ) , we could potentially look for a short trade with good SL and lot size in...
DESCRIPTION Trade is analysed in line with the overall swing of the market structure . Atm we can see the price has dropped down to strong area of demand on 4hr. ( a strong demand zone we can confirm as with the strong wick rejection seen on the earlier candles . ) Price has also shown a change of character on 4hr by breaking the fractal structure and...
CONTEXT If you have previously seen my analysis on AUD / JPY I have explained about the potential of bearish momentum on this pair ( if you haven't seen it please see my previous published analysis , will make you much clear to understand this potential oncoming trade opportunity ). This pair as I have explained on my previous analysis has...
DESCRIPTION USD/ CAD is currently bullish on bigger TF i.e. daily TF , hence my analysis here is based here on the overall swing structure of the Daily swing and ATM the price is at the daily 50 % ( premium zone. hence a potential for opportunities is there. What to look for - In small TF i.e. 4hr ,1hr, or 15 min TF look to see the bullish...
Description AUD JPY on a daily overall looks bullish , but on a biggger scenario it is an pullback on daily level to 50 % of overall bearish momentum of the pair ( look left a big bearish momentum can be seen Jul to sept 2024. ATM the pair has given us a hint on reversal by two way , first a retracement of 61 % and 50 % on daily TF then followed by a...
DESCRIPTION - On a daily swing we can clearly identify the overall momentum is bearish , and same applies in 4hr as well , however we can identify a large bullish engulfing candle formed up ( now complete and breaking the overall fractal structure and showing us there is a potential of IBOS ( INTERNAL BREAK OF STRUCTURE ) . So , whenever we see IBOS it is...
Description A POTENTIAL PULL BACK TRADE ! This trade is not aligned with overall daily or 4hr bearish momentum as seen on last week but however a potential of pull back is seen for this week. As of early morning today the 4hr candle has broken a fractal zone , signaling us a probability of CHoCH , ( change of character ). It is also on very strong demand...
DESCRIPTION AS seen on 4hr a CHoCH change of character canbe ssen when a fractal high is broken and the price retest back to the mini demand zone . ( the demand overall is also very strong as it is a D TF demand zone , a further confluence. It is a pullback analysis with inline to market structure on 4hr as of now. the overall trend last week was...
Trade opportunity is there with inline with bullish momentum of the market , the price as expected has come down to a premium area of the overall 4hr swing of the market. opportunity is seen as the price when reached the area of 4hr supply rejected immediately giving us the strong confluence of valid area for supply, a fractal structure followed by COCh (...
DESCRIPTION EUR JPY has rejected from a strong demand zone to the left and formed a text book formation of a head and shoulder pattern . price ATM has the potential of retesting the neckline of the H&S pattern , and if so probability is there for a potential long with different entry methods. Will personally look to enter if the price comes down to...
Description this pair has beautifully retraced from the neckline of daily head and shoulder pattern formed . Chance of entering on the retest of neckline is missed as per now but , knowing the momentum which is bearish as we see now can bring lot of good setups in coming days.
DESCRIPTION: As we can clearly see USD / CAD in a simple trading feature has broken the very strong resistance on a very strong weekly TF. The pair has retested the broken area then rapidly moved up ( break and retest ) as we understand it , giving us further indication that this is no fake out or there is potential to look for bullish gain. 200 and...
Description - Another text book presentation of H&S pattern , on a daily level we can see the H&S patterns has occurred from a strong demand zone ( see left of chart ) . - From there after break and retest up the neckline there were beautiful opportunity for long , which has already moved 270 + pips to the projected long . - However chances to take this...
Description : On a daily TF we can clearly see on the picture 1 , there has been H & S pattern formation , price has then came back to neckline and shooed off to the upside. i have personally missed the setup earlier , however chance is there for us to enter another time from a 2.15500 PSY level with a stop loss of around 35 pips to spare. Entries...
will share my thought on this pair after monday major USD news , as everything is uncertain with EUR pairs at this time.
FUNDAMENTAL BIAS - FOMC Press Conference,Core Retail Sales , crude oil inventories all major news circulating USD pair was negative from last week projecting a sell bias on USD pair , however much more will also project the bias this week for this pair which depend on the news 21st march 1400 hrs UK time when FED chairman Powell speaks. however i am only...