Heres my outlook on AUDJPY. We have a clear, prominent, break of structure to the upside. Continuing with trend our daily bias in bullish. Now i know price has tagged the previous supply zone on the daily im not silly but when the setups are there the setups are there... I may get out slightly early because of this reason but i will be looking to buy NOW. We...
Price has been bearish for the past month due to the ongoing altercations in the world currently. Price has since had a pullback creating LL and LH on the 4H Timeframe. We've finally broken the swing points and price appears to be bullish. creating new LL and HH. Using this we can see price broke stricture abruptly, leaving behind and order block and imbalance.
Here is my outlook for GBPUSD on the 4H timeframe.
Following price action. GBPUSD has been heavily bullish in the last month. This idea is to continue with current price action. I'm not seeing any significant structure broken to prompt seller taking over yet! Here we can see price has left behind an inefficiency in the market...a big one at that (thanks CPI). From here I'm looking to see GU carry on making new...
Daily swing is bearish. Daily internal is bullish in order to facilitate the swing. Price has now mitigated daily supply due to the momentum from CPI yesterday. After the 4H and M15 bos id expect price to pullback. Price is currently within daily support but it could push higher. I am only looking for shorts due to the significant BOS to the downside as it...
We have a corrective movement to the upside that's exactly what I like to see because that tells me that uh it's not really an uptrend it's going to be very short-lived and that's exactly what happened here so after after price took liquidity from these highs right here ,continued trickling up a little bit higher but then very abruptly dumped to the downside right...
Watch this... Wave 3 to take out those highs ;) I have my stop at 1950.8 and ill be targeting the highs as gold pushes to the mooon.
Daily and weekly bias is still bearish. Price has now mitigated a discounted area for me to take sells. This area is confirmed with previous bearish break of structure completed because of an order block which left in efficiency with in the market because of how large the volume was the break it. Hope this is insightful. 4HR Chart:
Here we can see GBPCAD in a bullish market. Over the last week price has left multiple footprints confirming its still following trend. Here i had a trade idea which unfortunately never got tagged in to due to volume throughout the Asian and London session. I'm keeping my eye on this pair over the next week to see how price develops but by my initial assessment i...
On USDCAD price can be seen creating HH and Hl which was caused by an impulse move to the upside. This move left behind inefficiency in the market where i see price pulling back to to regain some fuel before breaking the recent high.
The market has given me an opportunity to go long on GBPCAD. Price had impulsively broke structure to the downside leaving behind a clear demand zone to mitigate. This move presented a selling opportunity at premium Fibonacci levels. I have a very simplistic outlook at trading which has come after years of dedication. Simplistic is key to me so i hope this...
On the 4HR Timeframe, price has seen a lot of volume as it energetically moved to the downside. In doing so price has left behind an imbalance and order block in the demand zone. We can see TLL being stacked up as price has been returning to the AOI. Using Fibonacci i have drawn out the premium area of demand where i will be entering the position. I caught...
Here we can see that price has broke its structure, following its long term trend, bullish, i can see a potential for price action to continue its decent. EIGHTCAP:USDCHF
Here is my analysis on the DXY!! in the last couple of days the dollar has fallen short. Price has impulsively broken structure to the upside leaving behid a clear supply zone to be mitigated. This presents a buying opportunity at discounted Fibonacci levels.
Price has broken out of its forever pending downtrend where it left behind a JUICY ORDER AOI.
Here we see the Japanese index brake structure to the downside after its bull run. After breaking previous structure the market has left a clear order block behind. here i am shorting the pair to the recent low which cause the order block.
ISM PMI data comes out today as well as chairmen Powell is speaking later on this afternoon. As we know, price is going to be very volatile so risk management is key today! i will be holding GBPUSD through the news as Bullish movements are still valid for reaching the target. Fundamental Analysis: GBPUSD currency pair reveals some interesting contrasts between...
Price Impulsively broke structure to the downside leaving behind a clear demand zone to mitigate. This presented a selling opportunity at premium Fibonacci retracement levels.