Benalistar
Shark Complete On QuaterpointGBPNZD - Waiting to see if price breaks the quaterpoint, theres x2 very strong OB's just below it, I want to see if we get a close below or a wick below to fill the imbalances, I will be taking scalps from these zones as rejection is probable even for a quick 20/50 pips.
If we get a close below on the daily ill be looking for retests and short, if we close above ill be looking for retests and long (For swings)
Whats your thoughts?
Bat, Bat, Crab!USDJPY - I just entered short on the LTF based on PA and harmonics,
I'm trading away from the daily high down to the lows, we have BOS on the LTF and other confirmations for a potential pullback, ill be taking most the volume from this trade at the 20 pip level and the rest to run!
Let me know your thoughts!
Crab Complete on Quaterpoint GBPNZD, Potential Swing long, price is sitting on quaterpoint which also lands on the D point of a daily shark & a daily OB.
There's not much reaction at the current level which indicates to be the bears are still in control, I feel once the OB is tapped into below price will reverse and head back towards the previous quaterpoint (Daily high) If price breaks and closes below ill be then looking for rejection & shorts.
Whats your thoughts?
Deep Crab Completed (Almost....)USDCAD - Sitting in a strong supply zone, BOS on the daily TF creating new lows, price right now is sitting on a strong Daily OB along with multiple other confirmations, so chances of reversal or at least a pullback are highly probable, I'm waiting to see if price starts to break back towards the Daily high, if so ill enter a swing on a second test.
Whats your thoughts?
Crab & BOSUS30 - Rejected nicely from the 35000 area yesterday and has now broken the highs on the LTF
I'm expecting price to hit/break previous highs so I've take this long following the HTF bias and LTF price action!
Whats your thoughts?
Weekly OB & Shark!GBPJPY - We've all been waiting for this one to fall!
The next potential level for reversal I can see that has some confluence is this Weekly OB zone, which lines up perfectly with the weekly shark pattern.
Price has broken daily highs and I will look to take this long if we get a retest and bounce of the 156.000 level!
Whats your thoughts?
Potential Crab Forming US30 - if 35000 holds we may see new highs and a completed daily crab!!
However, we do have many strong resistance points in the way for that to happen (Nice zones of interests for potential short scalps or even reversals)
If price breaks 35000 then we're potentially falling back to the lows!
Daily High Broken! GBPUSD - Daily High broken.
This analysis is zoomed in from the the Daily to the 10m chart, you can see the new daily high and low.
I now expect price to reject from one of the fib levels and continue to break to the upside.
(The D point would be an ideal entry as theres more confluence here, but we might only see a .618/50% and an imbalance fill before price takes off! All depends on how strong the trend is!
Let's see where price rejects/where structure breaks!
Let me know your thoughts!?
Shark Completed On Daily TF NZDJPY - Shark completed on a previous daily OB, this is a strong reversal zone. Price is also breaking structure on the LTF and theres a lot of imbalance to fill below! Plus the JXY is dropping.
I will wait for more LTF confirmation to enter this trade though!
Whats your thoughts?
Potential Butterfly!NAS100 - Is about to hit a daily OB, I feel price will reject to the B point or a little lower, creating a liquidity trap to then fill the imbalance before heading up to mitigate the higher and stronger OB before reversing!
I May potentially take all 3 trades if price action confirms it!
Whats your thoughts?
Daily Shark Complete & Liquidity Wiped out!GBPYJPY - Daily Shark Completed, looking for a pullback now, price has broken the daily supply zone and just cleaned out a strong OB from February clearing out all liquidity from then until now, I'm waiting for signs of reversal, JPY is also sitting on strong weekly support so I'm expecting JPY currency index to rise.
Whats your thoughts?
US30 Short After Supply Tap!US30, I'm still bullish with US30 because of the amount of trapped liquidity we have here (We might get a small pullback because of this) But we're very close to a supply zone which has lots of confluence for a high probability low risk BIG short trade, price has already cleared out some of the liquidity, but looking left theres still a lot more in this zone which I think price will try take out before reversing from the supply zone.
I have multiple entries lined up, the lowest risk would be the D point of the Crab which lines up perfectly with a refined OB.
Whats your thoughts?
Potential Sharks However...XAUUSD Potential Outcomes....
Price is sitting in a strong daily supply zone and is breaking structure to the downside on the LTF,
However the USD is still falling giving gold strength, because of rising inflation this could push Gold higher and if gold breaks the daily demand I will be then looking for retest and buys.
Normally this would be a high probability set up for a sell but because of the situation with the USD anything can happen, as you saw the other day, so right now I'm sitting back and waiting for golds next move.
(We also have USD news today)
Whats your thoughts?