wisedan3333

wisedan3333

Price broke structure to the upside inducing buyers and triggering breakout buys. Price also created demand and most likely there is pending buys in demand. So while everyone is planning there buys ill the take the contrarian out look and sell.

wisedan3333

Price has created a buy channel. Buy channel has been broken to the downside and there has been a break of structure inducing sellers into the market. Price has created a supply level for a sellers, adding more pending sellers. To me this seems to be a trap to go short. My idea is to go long and minimum TP would be last H4 high.

wisedan3333

Price took sell side liquidity and rejected the level the whole week, therefore creating a weekly green candle. Dropping to the H4 or H1 for an entry.

wisedan3333

Price rejected 1.4520 on the weekly. Next week I will be looking for sells on the H4 or H1. React dont forecast.

wisedan3333

I am waiting for price to retrace to demand. Once in demand I will wait for confirmation, for example a swing low. When I see a daily swing low ill drop to ltf for an entry.

wisedan3333

Might target the double top and resume course. Ill wait for price to break the double top and then see if price resumes down. Price is rejecting the daily FVG.

wisedan3333

I want to see price to retrace into the FVG, then I want it to create a swing low for further action. Lets see what Monday and Tuesday brings.

wisedan3333

Maybe a pullback to the 50 percent of the FVG, from there id wait for a swing low to form for further action. Lets see what Monday and Tuesday bring.

wisedan3333

I see liquidity at 105.788 on the upside its very close to that price, so that might be the target. I also see 103.673 and 103.418 to the downside.

wisedan3333

Multiple things to do with this pair 1. Buy and target the black box . 2. wait for price to arrive to the black box /supply and see how it reacts. 3. Price can break supply grab liquidity and continue down. 4. Price can break and retest. 5. My least favorite is that price just rejects supply. I see all supply and demand as liquidity waiting to be taken, but...

wisedan3333

I am waiting for price to get to the black box/supply to see what it does. Price can either reject and continue down or break supply and grab liquidity and continue down or break and retest scenario. I might also buy if price gives me a buy setup and target the black box/supply. So many things you can do with this.

wisedan3333

Im Bearish. price is in the vicinity of the top of the descending channel. Price is also in the fair value gap are. I want to short in the FVG area or the top of the channel or the supply level. Waiting for bearish price action in the lower time frame for confirmation. If price breaks and closes above 81.582 my bias will switch to bullish.

wisedan3333

Expecting price to reject the key level. if it breaks down then Ill look for selling opportunities.

wisedan3333

Expecting price to reject key level. If it breaks and retest then I will be looking for buys.

wisedan3333

RANGING MARKET BETWEEN 1.6450 AND 1.6550 AREA.

wisedan3333

PRICE IS RANGING BETWEEN 0.7150 AND 0.7200.

wisedan3333

GBPUSD is testing feb 28 1.27260 swing low. Potential shorts If price rejects the area where green rectangle is. Potential longs if green area is broken.

wisedan3333

MY VIEW FOR NZDJPY