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?
BOS
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!
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?
USDCHF - Looking for Reversal in the Following WeekUSDCHF
SELL LIMIT @ 0.92917
Stop Loss: 0.92998 (Add Spread)
TP 1 (1R): 0.92837 (20%, SL → BE, Scalp TP )
TP 2 (3R): 0.92677 (30%)
TP 3 (5R): 0.92516 (30%)
TP 4 (10R): 0.2115 (20%)
Explanation: Looking for price to test this resistance area in the late into this week or at the start of the 26th week. The rejection from the level might suggest we will get some impulsive price action from the level. Will enter after seeing confirmation in the form of BOS or a Wyckoff schematic of some sort.
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?
Shark in Shark! Price is bullish on the LTF, and we have 2 sharks here both with D points landing inside and imbalance/orderblock on the 1H, multiple BOS and price has broke above the 200EMA on the 1h, I'm waiting for a break of the B point before I potentially trade the rest of the CD leg! But mainly im waiting for price to hit targets so I can asses price action and potentially short! |
Whats your thoughts?
Shark in Shark! Shark in Shark! Price is bullish on the LTF and we have multiple BOS, I think price will drop to the 200 EMA (Blue) on the 1H, Before continuing to rise to the first D point of the smaller shark just below the the weekly high!
I also posted a schematic on the LTF the other day on Gold, go check it out! Let me know your thoughts!
Whats your thoughts?
Potential Crab Potential Deep Crab, almost complete, (So Im going to scalp down the remaining gap)
I missed the 1000 pip drop yesterday on my limit order buy a few pips, (Check my other analysis) However price has broken previous support and now the weekly low, the next target is the 1H imbalance & Orderblock which alighns with the D point of the crab!
Whats your thoughts?
NZDUSD Analysis 9/11/2021What a great trade to end the week. Starting off next week right in profit. Double top on the 8 HR time frame and a triple top on the 4 hour time frame.
Also, a nice break of structure. Already 3 confirmations of a nice drop. I have 4 potential targets for NU. If you agree with my analysis, please leave some positive feed back or if any concerns also leave feedback. Trade responsibly.
Potential Shark + BOS We have a potential shark forming, price just broke structure and has an imbalance to fill from a previous IFC along with liquidity trapped at the X point.
The shark completes at .86 or 1.13 (.86 doesn't cover the in-balance) There will probably be a liquidity hunt if price reaches the X point and if so the 1.13 will be our target
However, we have potential volatile news dropping for the EUR in 1h 20, which could send the EUR either way so I'm going to wait until then before dropping the signal.
Sharks & BOSWe have multiple sharks on different timeframes here, price has broken structure again on the 1/4H TF and price action is still bullish, I'm looking for 1 more break of structure on the 15m time frame before taking a long up to the previous highs (Close to the D point of the largest shark) Then ill be expecting some consolidation before looking for sells!