OB+ 1H is buy zone. Im entering around 1.089 with SL at 1.0885 Im going to target 1.092 to fill the imbalance created by the Thursday long bearish candle. This would result a promising 5% risk:reward ratio
Stoploss below 4hour supply zone 1.2722 Entering on this supply zone around 1.273 Target is at least a 50% retracement at 1.2777 Coincidently it is also the previous day low.
Entering Longs here with stop loss @ 1.0868 at the bottom of the channel I am going to target the previous day's low, coincidently it is a fib 50% pullback exactly at 1.092 This would fill all the institutional unfilled orders on the daily chart. All stars aligning hopefully this trade goes well.
AUDUSD making lower highs lower low. Clear downtrend. I expect a 50% pullback from swing points with minimum price target 0.658
3 scenarios. 1. Cotinue bullish momentum and break thru 191.32 2. Pick up liquidity @ 188.6 & Continue bullish momentum and break thru 191.32 3. Break thru 188 for a continued downward push to 185-187 area. No confirmation no trade. Only scalping, intraday available. (Still tradable. But youll have to sacrifice stress + win rate) Daily, Weekly Structure...
Entering on this supply zone which is the point of origin wherein price broke structure. (blue horizontal ray "bos+") I am targeting a 50% retracement from the swing high,ceiling price of 151, giving me a good 2.5% targeting the price equilibrium
Price is moving within this pattern. Everytime theres a break of daily structure. Price comes back to OB/Demand. A break below 188 would give me a strong bearish confirmation for a deep retracement to 180-181 area. Would take a while to play out.
Price broke 1.0944 creating a new higher high (bos+) breaking structure. Longs above 1.0903 are valid I'll be making an initial entry and set a buy limit at 1.0923 1.0903-1.0923 is a key area for buying It is the Demand zone also called Order Block. I am targeting the recent high at 1.0964
Clear internal break of structure. Market returns to bullish. I am placing my buy limits here at the 4hour demand zone (OB+ 4H) Target is recent highs.
Price testing this daily orderblock a.k.a. daily supply zone. I would like to see price reject this for more downtrend JPY news. GDP q/q Actual 0.1 Forecast 0.3 Actual weaker then forecast = JPY weak.
Price broke structure (bos-) which signals the market to shift bearish gear for the near term. Im looking for shorts targeting recent lows.
Targeting atleast 50% retracement from swing that broke structure.
After further analysis i chose to stay away. Will look for longs if price break above 1.0855. It would be a confirmation for price to continue to go higher. Below 1.079 would break structure and reverse to bearish short term. No confirmation no entry.
This week close is vital. If we want to see more bullish PA next week. Price must close above previous week low. If price closed above pv-WL. Look for longs @ 191
On the Daily chart what do we see? we have reach the daily supply zone / daily orderblock On the 4H chart what do we see? 1.We have reached the 4H Supply zone/ 4H order block 2. This 4H OB shifted structure to bearish and created a new low @ floor price 161.7 The 4H OB is now being once again testing. Back to the daily chart, keep in mind we have turned...
PEPPERSTONE:JPYX Yen technical bullish pullback did a 50% retracement, at the same time price is at the weekly order block/supply zone. Im expecting a continuation of the YEN bearish trend from here. OANDA:GBPJPY this adds more confluence to my long position at GY
Entering on this supply zone/ Daily orderblock. Point of origin wherein price broke structure (bos). Im targeting atleast a 50% retracement from the recent swing lower high. Coincidently a 4Hour fair value gap is resting alongside it.
Im only interested shorting EU from 1.0835. maybe news will take out all the liquidity middle of the range before going down