The idea in this analysis is simple and straightforward. In most cases a clean trading range is created when price moves without retests or even without coming back to fill out inefficiency which offer opportunity for future trades. In this case price is coming back to fill out the inefficiency and the confirmation after the break and retest gives us confluence....
Price has been making structures movements within the levels of support and resistance on the H4 and H1 respecting liquid zones. Filling inefficiencies at H1. Right now it has bounced off the resistance level. most likely will go back to the last liquid zone then process up. Just looking for short terms sells before we proceed up.
Hello, So I am trying this new semafor that I recently learned about. A good indicator for drawing your zones. A confluence of the indicator and key zones and take the trade. In this case we have that consolidation and its break and retest.
This pair had formed a descending channel which was fairly uniform over time creating liquidity areas around the trendlines and respecting them. Once price broke the channel its created a chance for a good entry on the retest and those who went in got a good deal of 100 + pips. We do have a second chance of entry of the break and retest of the current resistance...
With clear respect to the previous clean trading range to the left and the clear bulls rally, this pair will continuously buy to the next level of liquidity. The underlying concept of this trade is a zone to zone trade and the rally to liquidity zones.
this certain pair in 6tthis case might offer two opportunities either a continuation of the movement up after that break and retest or reject the current area it is sitting at and continue with its downward trend. Given that we have two decision criteria to follow, either a break and retest of the support turn resistance or a break of the trendline.
As explained by the chart the price broke above the support zone formed marked as xx where price is currently retesting. With clear range to the LHS we are hopeful that the break and retest will play out and price will push further to the upside.
the set up provides some more detailed outlook. Price just broke the support level and a retest at 15 mins.
This trade is based off pound strength against the JPY and consequent JPY weakness. we see that a trendline has been broken and we have had a good retest. All we wait for is price to play out. NOTE: please include your own viewpoint if taking analysis
with some push on gbp strength I do hope to see some push to the uppermost resistance level
the idea behind this is a retracement to filling in levels of price inefficiency with a clear order block. For this time my bias on gbpcad is bullish
hello, A brand new week with new opportunities with USD looking positively bullish for quite a while
For most people this chart is self explanatory with the drop in the dollar and the break of the ascending channel and its retested order block then the next point is to touch down to lower levels of liquidity
Following the channel and break of channel formation we can see that AUDUSD has had a good flow in the descending channel but the trend changed with violation of LLs and eventual break of structure. the stop losses are at the lower level of liquidity just incase there will be a liquidity grab.
Price has been on a downtrend following a clear channel and a bounce off the lower resistance will see price coming to the support area. under the 1 hr timeframe a smaller correction has been made a clear correction for the movement to the support trendline to be possible
mostly trade this pair purely on break of trend and fill up of inefficiency. WE do have a consolidation that is about to be broken to the upside but with also clean candles to the left hand-side.
Most of the trades that I analyze follow simple trend and channel depictions. With weakness in Gold and continued dollar strength the above set up is valid. This is the argument. A break of the channel followed by a retest of course if it was impulsively broken then we might nor get a retest. We do have a consolidation after which when price breaks free we will...