See picture for analysis Let me know your thoughts.
HTF (higher timeframe) -Price inside higher timeframe monthly supply. -Higher timeframe monthly trend = uptrend so any shorts will be counter-trend. (confirmation needed) LTF (lower Timeframe) -Price broke daily upward trend lines -Price removed the opposing pivot point demand zone . -RBD Created (Rally Base Drop) -JPY is the weakest currency + its counter-trend...
See Picture For Analysis... Thoughts? -Price inside HTF demand -Trend = Uptrend -Wait For LTF Confirmation (trend Line break/opposing zones removed) -Need quality demand created
-both have broken upward or downward ML -Both have removed an opposing zone/pivot points -Valid to buy/sell are both zones or use as a higher timeframe and can you use a lower timeframe for entry.
-Price reacting off of weekly Demand -Price reacting off of tested 4x times supply. price has gone deeper and deeper into daily supply so not many sell orders left as price needs to search higher and higher for the next stack of sellers. -I'm long biased and like looking for buys if price pulls back into demand or breaks out.
See the picture for analysis. -bullish commodities. -4hr uptrend -Price inside 4hr demand -Looking for lower timeframe confirmation setups.
HTF (Higher Timeframe) -Price inside HTF monthly rally base rally demand -Trend = uptrend -Look for lower timeframe confirmation. LTF (Lower timeframe) -Downward ML Break -Opposing Zones Removed -Price inside monthly demand -Daily Confirmation Setup (potential buy stop so you would get filled on the way out + you would get extra LTF confirmation. OR -OR...
-Price broke the downward trend line -Price removed pivot point supply -Take profit hit at 1.2:1 reward : risk -Good Trade
-Uptrend -Price inside daily Demand -Wait for buyers on LTF
See picture for top-down analysis: -Short Term Downward ML Break -opposing zones removed -People might think it's a great demand setup which I agree but taking a look at the overall price action over the last 7 days, you can see price is making overall LL/LH by about .6% -If someone bought at this demand then using a structure SL is recommended. -Low risk reward...
See the picture for analysis: -Price was in a downward channel creating lower lows/ lower highs. -Price has now broken out of the downward channel and now creating higher highs/ higher lows. 2 options here; 1) wait for the price to enter the demand zones and enter on the confirmation trades. 2) buy the demand straight up.
-See chart for Analysis -Price inside support/demand area, look for buys with confirmation (1hr)
-Downward Channel so buying low and selling high with confirmation on lower timeframes make the most sense. -With price in the middle of the range = stay away.
See picture for analysis -Price inside daily Demand + 2x confirmation with price breaking 4hr downward trend lines, and removing opposing pivot point zones. -Wait for a pullback into DBR.
See Picture for full Top-Down Analysis: Higher Timeframe: -Price high on 4hr sideways range so selling is a higher probability -Buy Low with confirmation on lower-frame confirmation and sell high with confirmation on the lower timeframe. Lower timeframe: -Price broke upward Trend Line. -Price Removed Pivot Point Demand Zone -Rally Base Drop Created -Sell...
-See chart for analysis. -Price inside monthly demand -Waiting for price to break lower timeframe downward trend lines and remove pivot point supply zones. (see pic on left for example) -Keep eye on fundamental news.
-Price inside weekly demand. -Price bouncing off of weekly upward trend line -Trend = up/sideways. -Waiting for buyers to step in on the daily timeframe... Need to see daily downward trend line break, opposing pivot point supply removed, and a quality daily/4hr demand created.
-Price reacting off of daily/4hr supply. -Price broke 4hr upward trend line and removed pivot point demand -1hr RBD (rally Base Drop) supply zone. -Waiting for pullback into supply for short.