ASIA: EURJPY - BREAK & RETEST - REJECTIONSecond and last trade activated in this London session was a reversal setup and entry with all playbook criteria met. Lets see how it goes its moving fast
Breakandretest
ASIA: USDJPY - B&R - DEPLETION/MOMENTUM BUY STOPProvided that price jumps thru our buy stop we can take this setup as our simple 'Break & Retest' paired with our depletion/momentum entry signal and go for at least 1:2. Higher level buys seem to be stuck around 132.6 so we can use this as a guide for initial profits. Lets see if it plays out
ASIA: GBPCAD - LIBRA/H&S/B&R - MOMENTUMGC is setting up for a great potential move and has even met requirements for a couple different playbook setups. Lets see if GBP strength continues tonight
NY: AUDUSD - BREAK & RETEST - MOMENTUMNormally I try to stay out of NY bcus thats usually when my baby princess will randomly wake up :)
However, she is sound asleep and AU has given us the textbook of all textbook trade setups. Lets see if it can fall along with our EU trade from London.
LONDON: XAUUSD - BREAK & RETEST/BO - MOMENTUMThis London session has provided a beautiful setup in Gold as it seems to want to continue its push up. Classified officially as our B&R playbook trade but it could also be a breakout trade had we entered on the big bullish candle. Anyways on we go, lets see what happens
LONDON: NZDUSD B&R - REJECTIONBreak and retest setup criteria has been met and we will use the latest rejection candle as our entry signal to try to gain at least 2R from this trade
NY: USDJPY - B&R - DEPLETIONUJ has clearly broken trend line and finally pulled back to test previous support turned resistance. Seeing how buyers seem to be depleting over the past 2 candles, I will try to get at least 2R from this setup. Lets see how it plays out
LONDON: EURJPY B&R BUY STOP - MOMENTUMJPY pairs seem content to continue to push upward and we can set a buy stop in case this hypothesis is correct, to join the next short term move up for at least twice our risk
SNR Levels i found on the Dark Web™STORYLINE:
Monthly: Bullish
Weekly: Bullish if a weekly candle closes above 24300$
Buying:
$23300
$22150
$19500
$17150
...if the following criteria is met:
* a weekly candle closes above $24300
(current 1W closes at 19. MARCH 2023 00:00)
ft. dark web snr
ASIA: GBPJPY B&R - IB MOMENTUMGJ has painted a beautiful long setup on both the 4H and the 15m timeframe. Currently used inside bar breakout and break and retest setup to enter. Lets see how it plays out
POTENTIAL BUY TRADE ON GBPJPY -BREAKOUT OF FALLING WEDGE PATTERNAs it can be seen from the chart, GBPJPY broke a critical resistance price level which has since then been retested. Evidently, it has successfully retested that level which has now become a strong level of support. In conjunction with the break and retest of the key level, GBPJPY has broken out of a bullish falling wedge pattern, increasing the probability of this trade being successful and reaching the expected price target.
*NOT FINANCIAL ADVICE, MERELY AN OPINION*
ASIA: NZDJPY B&R - REJECTIONSNJ has presented a nice break and retest trade in line with JPY weakness and potential NZD strength. Lets see if it can at least play out for 1:2 RR
ASIA: NZDUSD B&R - REJECTIONAsia has had some movement already and a nice shakedown especially against AUDUSD. However, most pairs against USD are still in technical uptrends and with a fresh session we look to enter an identified break and retest setup using rejection candles in NU. Lets see how it plays out
NY: USDCAD B&R - MOMENTUMUSDCAD has met requirements for our playbook setup: Break and Retest for our last NY trade of the day. Lets see if a pullback in the markets can trigger at least a 2R gain.
ASIA: EUR/CHF B&R - REJECTIONSETUP Break & Retest spotted late and opportunity taken. Lets see if setup plays out
LONDON: USD/JPY BO/B&R - MOMENTUMSetup for B&R was identified a bit late, but in correlation with current market strength, we were able to also identify a BreakOut setup also presented. Entry caught a bit slippage but 1:2RR should still be able to hit. Lets find out
ASIA: GBP/USD B&R - MOMENTUMB&R identified in GU with DXY seemingly picking up strength across the board. RSI also breaking down SMA trend line for indicator confirmation and price is in fib extension reversal zone. Lets see if we can start the week off right! Safe trading everyone
LONDON: USD/CAD B&R - DEPLETIONUSD weakness across the board points us to a simple break and retest setup using buyer depletion as our entry
LONDON: XAU/USD B&R - IB MOMENTUMDollar still seems weak this session and XAUUSD has generated a classic break and retest with inside bars being broken
LONDON: EUR/USD B&R - MOMENTUMDXY picking up strength in line with our simple break and retest setup, lets see if we get at least 2R before the news
Trade the Zone wait the the 15m candle to close below take a sell trade SL on the privious High target the low of the clean zone for confirmation 30m candle close or the 1H candle especialy trading the breakout session
ASIA: GBP/USD B&R - MOMENTUMSell stop activated on break and retest setup using momentum shift as our entry trigger in line with what seems to be USD strength during this session
LONDON: USD/JPY B&R - MOMENTUMLondon has lined up some interesting break and retest setups. Decided to go with UJ because we already have a trade depending on USD weakness, now we can try to capitalize on JPY strength as well. 'Break and Retest' setup right out the playbook is active using momentum based entry. Lets see how it plays out
