OneSidedFX

OneSidedFX

Looking at the bigger picture, we had a break of structure at 2685 followed by a retest of that area of price (2645). Looking at smaller timeframes (1h-4H) we also had a break of structure at 2678 with a good retest of the price area. Waiting to see if price can go up to 2720.

OneSidedFX

Bears are finally in the market, we see this with a change of character at 41130. We have equal two sets of equal highs where liquidity is resting. The better preferred EQH I would like to see being swept is at 41130. Once this sweep occurs (around 41200), I will then be interested in selling from that level.

OneSidedFX

Multiple rejections around 2525 where the market is failing to break above. We have a change of character at 2504 and we are currently going for a retest of the 70.5% Fibonacci level. If and only if, we get a solid retest in and around 2512-2517 could we be interested in continuation sells from that price. Happy trading!

OneSidedFX

We have a change of character at 100.940 and a break of structure at 101.600. Waiting for price to make a retest of 100.940 to see the continuation of the bullish leg beyond 101.850. Let's wait and see and act accordingly. Keep in mind tomorrow is NFP (6 Sept).

OneSidedFX Updated 

Big pullback from 38005-39600.. Could this be the end of the retracement in order for us to take shorts back down? Mini liquidity area at 39730 ($). Once this is cleared then only will I look for smaller timeframe change of structure to enter in the shorts to possibly reach 38000 again.

OneSidedFX

us30 has lost bearish momentum for the time being. I'd like to see the inefficiency/imbalance get filled in and around 38870. With the occurrence of such I will be targeting 39740 as there is some liquidity (equal highs) resting there. Then only will I be more comfortable selling this market again. Let me know your thoughts in the comments :) Happy trading..

OneSidedFX Updated 

Waiting for a clear sweep of liquidity above 39065. With this sweep, we can see big bearish moves from there or a continuation of the bulls. I would personally like to see the market reach 39200or slightly higher around 39400 before the bears move.

OneSidedFX

Waiting for the $$ areas to be swept with 39330 being the overall target. With this week having a few fundamentals NFP included, big moves loading. Trade safe and use proper risk management. Happy trading week ahead :)

OneSidedFX

38055 has been swept. Now there is 2 areas of liquidity (38610 & 39050) that have not been liquidated yet. We could see possible moves into these area for the next couple weeks. If not then bears will just continue breaking key structural levels to the downside.. Confirmations are always key.

OneSidedFX Updated 

Overextended bullish leg has been formed. We have broken below internal supply at 2258 and have retested this supply now being the new internal demand. Will we see a further push down from this level? Risk management is key!

OneSidedFX Updated 

Clean bearish run from 40000. Waiting for the equal lows at 39052 to get taken out and potentially see 38850 too getting taken out. With this occurring we could have a good bullish setup to the extreme highs before the big move down...

OneSidedFX

Will we have a sweep above 39280 and continue the bearish run or will we see a bullish continuation here? I'm leaning more onto the bearish side of things but price action has all the answers we will need. I will be waiting for NY session. Trade safe and use proper risk management!

OneSidedFX Updated 

Big day today.. NFP day. We have completed the cycle for our bearish idea and we are at a zone where price can move down freely. Check out my previous analysis on US30 to have a clearer understanding of my reasoning. Trade safe and always use proper risk management!

OneSidedFX

Big bullish run we had here on gold. Bulls are loosing momentum and we have a ceiling formed at around 2160. What goes up must come down at some point.. Wait for successful breaks of structure and retests before anything!! Be patient for the right time, preferably around NFP times.. happy trading!

OneSidedFX Updated 

We have broken structure at 38720.. we can expect price to reverse back into those areas ideally around 38880 before we can have our bias continue further to the downside. Lets wait for some kind of retracements. Patience...

OneSidedFX Updated 

Important area we are currently at.. With my previous posts on US30, I mentioned that we had to retest the area 39040 for bearish sentiment to be valid according to price action. This has now occurred and is the area where the market is currently floating.. I am bearish on this but looking at the daily structure we are still bullish while lower timeframes...

OneSidedFX Updated 

Clear break of structure at 38770 on the daily timeframe. Looking to make a retest of that area. Waiting first for a successful break below 39025. If we don't get that break below 39025 then shorts are not an option. Patience and risk management is key!

OneSidedFX Updated 

We have successfully retested 38550 & 38760 respectfully. Are we looking to see heavy bears step into the market? Proper risk management! Happy trading :)