Price Action Analysis: - We're in a trading range. - Price entered the range from above (bearish) - Considering short setups only as probability favours the bears. 1st position @0.6744 (holding partials) Trade Plan: - Hold open partial position with wide stops to ultimate target. - Add to position when conditions are met: - Daily close below 0.6642 (key...
NMT - battery recycling - important industry.... Looking for a re-test of the 0.50c monthly level and 4HR demand zone.
Daily closed making new lower low. Looking for a pattern to sell at the weekly level / 4HR supply zone....
GBPAUD is in down trend on HTF's Daily has been in a broader correction and made new sharp low last week. Looking for a sell setup in and around the 1.750 which is a very well respected level on all timeframes.
EURUSD long opportunity into next week if we get an impulse move to upside through the 1.2030 weekly pivot zone/level. Buy the retest.
APX has sold off pretty heavily since COVID however still not officially in bear trend on Monthly and holding support at a key level. If we start to see buyers and some volume here I'll be interested in getting involved...
Dollar has sold off in April after a bullish March. Looks to be bearish continuation on HTF's (M+W). On daily chart the DXY broke to downside from a perfect bearish wedge top. May retrace slightly early next week and then continue with bearish momentum.
LKE is in strong bull trend on HTF's and is in a consolidation pattern. Would like to see price drop a little more to point c) and buy a retest of support zone.
Price has been falling in a bear channel. After 3 drives down, price made a double bottom and met some resistance at the upper channel line. Trade Idea 💡 Wait for price to retrace to the demand pocket on 15M and buy.
- PA over last few months has been bullish, bull trend, bull wedge structure - PA consolidated at a key weekly level 126.5 and then formed a H&S pattern suggesting it could reverse the bull trend. - PA made an impulse move to the downside, making a new low and breaking structure Trade Plan: - Look for retracement back to 124.50-125 and identify a sell setup on lower TF.
TRADE IDEA 💡- Buy the reversal off daily level 1.175 15M TRADE SETUP ⚙️ - Bear Wedge (structure), inverse H&S (reversal pattern) - Small liquidity spike during U.S session sparked a bear trend towards daily level. - Bear wedge formed during asian session with 3 drives to downside completing the structure - Priced spiked into the 1.175 level but couldn't close...
DAILY - Trading in a range, hammer/doji candleat bottom of range (trend is up) 4HR - Double bottom with divergence TRADE PLAN 1HR: (1) Price may dip lower and make triple bottom, buy at the support zone (2) Price may break out of trading range, buy on retest of the resistance turned support.
DAILY- swing low, doji candle at demand 4HR - bearish channel TRADE PLAN: BUY ZONE 1 - Wait for confirmed higher low. BUY ZONE 2 - Look for channel break out and retest support.
Daily - Inverted hammer at channel resistance and supply 4HR - trend break, down swing, up trend 1HR - wait for retracement 50% fib. Sell at resistance level
Daily: - Doji inside demand zone 4HR: - Divergence (RSI (7)) 1HR: Break and retest last lower swing high for entry
Daily: Swing High @ Supply Zone 4HR: Trend Line Break Lower Swing Low 1HR: Sell on confirmed lower swing high
Inverse head & shoulders Divergence Lower high, trend reversal Bull channel break and retest supply demand zone
DAILY (Pre-conditions): ✅ Divergence at Supply level (93-93.5) ✅ Confirmed swing low ✅ Double bottom 🟠 Trend : Down 4HR: 💡4HR TRADE IDEA 💡 ✅ "W" Pattern formed on 4HR 🤚🏻Wait for break of neckline and enter on re-test of the "nose" 1HR: 💡1HR TRADE IDEA 💡 ✅ Upside impulse move 🤚🏻 Wait for flag, pennant pullback and enter on next impulse