The two major news events have come and gone and the long setup on EU is not only still valid but we have gotten confirmation with a bullish choch I'm looking for price to react bullish on the lower timeframe from the fair value gap or the 2H OB. This is to get the best possible entry with a relatively smaller SL. There is always a chance that the setup won't...
We had a nice move to the upside yesterday following a shift on the 1H timeframe, Hope some of you were able to catch the move to the upside. If not there is another setup that I am looking at. This is a swing setup and if played out I expect for TP to be hit within the week. The main thing to keep in mind is that we have interest rate decisions for both the...
Good morning ladies and gentlemen hope you had a wonderful weekend. We start off the week with this setup on EU which I see four possible outcomes. I would prefer seeing a deeper pullback into the 50% first before we start seeing bullish action but if that does not happen I will flow with the market towards the high. We have three key areas to look for...
On the daily we had a choch on Wednesday and a continuation on Friday. Internal structure on the daily is bullish. There is a good chance that we continue higher next week targeting the daily swing high. The black like shows simple market structure going towards the target. However if there is a bearish choch and internal structure remains bearish I will target...
A very simple setup on EU. We have two liquidity points being the Weekly high and low which currently have about an equal chance of being taken. Currently structure on the 1H is bearish and will be looking to short targeting the weekly low. If price starts to give bullish structure then the weekly high will be my target. Strict risk management is key to getting...
Currently approaching a nice area of interest. Although I am overall short EURUSD doesn't mean I can't look for intraday trades to capitalise on the moves in between. 2H internal is bullish so I am waiting for the 15 min to align with the higher time frame a take a long trade targeting the 2H high. If price breaks below this area I will have to re-evaluate and...
Following up on the guide that I posted on the weekly timeframe, internal price action on the 2H is bullish and we are currently at the OB which supports the first outcome. Price could continue down without giving us a bearish choch which is a 50/50 trade IMO. I would prefer to see a bearish choch first to increase its probability of holding. If we break above...
Following up on the guide that I posted on the weekly timeframe, internal price action on the 2H is bullish and we are currently at the OB which supports the first outcome. Price could continue down without giving us a bearish choch which is a 50/50 trade IMO. I would prefer to see a bearish choch first to increase its probability of holding. If we break above...
We have a decent weekly range to work with of just over 230 pips. First setup is for price to pullback a bit higher without breaking the previous weeks high targeting the low Price could also take the previous weeks high for a deeper pullback then wait for price to bearish confirmation to target the low. This setup would take slightly longer to play out than the...
Price did not go into the order block marked out but that is alright. Price broke the 2H high creating a new range then broke below giving a signal that price wants to continue lower. Expecting that price will continue going lower from the fair value gap or from the order block marked out.
The two red lines are less probable and the black lines are the higher probability outcomes in my opinion. We are in a bearish range on the 2H and are in a pullback phase. Waiting till price gets in the OB and gives a choch for confirmation to continue short.
After a very deep pullback price has shown some bullishness on the 1H. I will be looking for lower timeframe entry as usual and targeting the High of the range. There is Services PMI data tomorrow which will give us more information on the state of the labor market for the US. Given the US has a large service sector this data will be very important. Not making...
1H structure is still being respected. Looking at the 15 min to find a quick trade. The 1H is still bearish 15 min is currently in a pullback phase. Once I see bearish structure on the 15 min I'll be looking to enter targeting the 1H low. Also keep in mind everything I said in my previous post being that the higher timeframes are still bullish but price action...
The last two weeks have been massive bullishness for GU. This week how ever we started to slow down possibly hinting at a pullback to come. As of right now the 4H and 1H are still technically bullish. Internal structure on the 1H bearish and giving a nice pullback on said timeframe. Keep in mind on Weekly, Daily and 4H trend still bullish and because of that...
Gave out two Ideas last week one where I was calling the bottom and one where we could have a potential sweep. 4H structure never changed bearish so there was no reason to short hence the first trade Idea is playing out. The last 4H candle only broke the previous candle low which indicates to me that the 4H is pulling back. There are several areas we can look to...
My last analysis I saw bullish sign on the 4H how ever looking at how price moved at the end of the week as well as looking at the daily time frame I might have been too early to call the bottom. There is a good chance for price to dip down a little bit before shifting on the Daily timeframe. The same thing happened at the end of June. My bias is still bullish...
Been a while since I posted but I come bearing gifts. GU is reacting in a weekly key area that I have marked out. We broke structure to the upside with a candle close which shows me bullish intention. Once price pulls back into the imbalance or Order block I will be looking for lower time frame confirmation targeting the weekly high marked on the chart Instead...
Currently on my phone so the first post didn’t show the full picture