here is another textbook setup, price already broke out of the wedge, it's now correcting to fill the fair value gap, that's where we'll be pulling the trigger to long this pair.
i'm seeing a flag pattern, I'm eating for price action to go tap the demand zone at the bottom, when I get buy setup confirmation, I pull the trigger!!!
this is a textbook short setup for me, we wait for the price action to tap the supply block, then wait for a sell confirmation (according to our rules), then we pull the trigger!!!
this is how I plan to trade this pair, my confirmation will be a 4hr candle close below 0.92507...
we wait for the price to tap 1.105, then we wait for a sell setup confirmation, then we pull the trigger
this is a textbook setup, the pair is bullish on the 4h, we wait for a correction, then a buy confirmation
the correction is on it's 5th wave, we waiting for the price level 0.84267 to be tapped, if we get a sell setup confirmation, we'll take it!!!
looks like the price is currently correcting, we are waiting for a tap of 61.8 price level, then we'll wait for our sell setup confirmation.
CHOCH from Bullish to Bearish, price forming the running flat channel, we wait for a 3rd touch on the upper bound, then if we get a sell setup we'll pull the trigger.
M/W/D/4H/1H all are showing bullish structure, we just had nice BOS on a 4h/1h TF, waiting for a pullback to a key zone in confluence with trendlines and 61.8 Fib retracement level. we'll pull the trigger when we get a buy confirmation as per our rules.
this pair is overbought, approaching the high of January 2007, one more wave to tap 107.861, then we can start looking for reversal patterns, the bullish structure confirms one more wave to the upside.
i'm anticipating a bearish move for the coming week, with a possibility of 3 entries to the downside, then a longterm buy swing at the bottom, with a plan to hold it all the way to the uspide
this is textbook to me, price is obviously bullish on a 4hr, its currently correcting to a key zone, when the price taps the key zone, we will be waiting for a buy setup confirmation to take a long position to the next key zone.
price is still in correction, we are waiting for the proce to tap the demand zone, and wait for our confirmation as per our rules of entry.
3 reasons to wait for a buy opportunity: 1. direction is bullish 2. break and retest, price broke structure, is now correcting 3. Trendline aligning with 61.8 fib retracement level, going for a 3rd touch on the trendline. if the price does not provide a bullish entry confirmation but instead breaks below, then this is Friday fake-out!!! that's why we wait for a...
waiting for the price to touch the trendline, in confluence with a liquidity pool, market structure and
strategy 1: Trendline Break, waiting for a retest. strategy 2: Smart Money Concepts, waiting to correct to an imbalance strategy 3: Fibonacci, waiting for a correction to premium zone strategy 4: supply and demand all these 4 strategies are alligned to me!
waiting for the correction to end so we can take a long setup....