NZD USD - Short Flashcard - Pair rejected off of H4 resistance zone
EUR USD - Short Flashcard - Double top formation occurred during London session - First leg with RSI hook into volatility bands and cross signal line - Second leg formed with divergence - Market baseline still pointing upwards and no close below 13 ema - Entry either on first small candle to...
AUD NZD - Long Flashcard - Double bottom formation (more pins to a low) created early London session - Lower lows created until a spike, after which the spike wasn't broken and 4 higher lows were created - RSI crossed MBL and MBL curving upwards - Entry @ second close above 13 ema - Stop loss 5...
NZDUSD Short Direction: - This pair was at Source. This is an area where liquidity is trapped, so the market was expected to rise to this point then drop heavily. - The M (Double Top) pattern formed in the H4 OB (Orderblock). - Pair expected to reverse into Bearish Orderflow. Therefore, Bearish Momentum expected soon on the H4. Entry: - H4 OB (Orderblock)...
EURJPY Long Direction: - Pair is in H4 Bullish Orderflow, and is starting to enter Bullish Momentum on the Daily. - The pattern formed in a H4 OB (Orderblock). Entry: - W (Double Bottom) Pattern Formation. - Yesterdays low was held throughout the day. The pins to yesterdays low indicate the low will probable not be broken (This can be seen yesterday also). - 13...
EUR USD - Short Flashcard - Double top formation formed late into New York session - Pair in bearish trend - First leg with RSI hook into volatility bands - Second leg RSI failed to go above signal line indicating bearish continuation - Entry on candle close below 13 ema - TP @ RSI...
NZD USD - Short Flashcard - Pair in a bearish trend - Presented with a double top late into new york - RSI near 68 hook back into volatility bands on first leg of formation and crossed under signal line - Second leg of formation RSI failed to break signal line (therefore remaining bearish) -...
GBPCAD Short Direction: - Momentum on the H4 was Bearish. - The pair entered a Bearish OB (Orderblock) on the H4. - The pair filled in the FVG (fair value gap) on the H4, before dropping. - The pair retested the last level of the Bullish Cycle. Entry: - M (Double Top) Pattern Formation. - 13 EMA cross indicates probable continuation in drop. - Divergence. - RSI...
USDJPY Short Direction: - The pair was in Bearish Orderflow. - Pattern was created in the Bearish H4 OB (Orderblock). Entry: - M (Double Top) Pattern Formation. - Big pin created covered the FVG(fair-value gap). This pin is also in the H4 OB. This indicates a quick move occurred to grab liquidity before moving down. - 13 EMA cross & close, confirming continuous...
GBPUSD Short Direction: - GBPUSD was at the end of a Bullish Cycle (Level 3). Therefore, it was due to reverse. - The pair also formed a pattern at the H4 OB (Orderblock), so liquidity was expected to be grabbed from the source before the pair dropped. - Expect Bearish Momentum now. Entry: - M ( Double Top ) Pattern Formation. - Divergence indicating pair will...
GBP USD - Short Flashcard - Pair presented with double top off of YH with an easy entry @ 13 ema close (below) - Although RSI didn't hook out of volatility bands it did cross RSI on the first leg near 68 - TP 1 @ RSI hook into volatility bands @ 32 with RSI cross signal line - Trade had every reason to become...
GBPCAD Short Direction: - GBPCAD was at the end of a Bullish Cycle (Level 3). Therefore, it was due to reverse. - The pair also formed a pattern at the H4 OB (Orderblock), so liquidity was expected to be grabbed from the source before the pair dropped. - H4 MBL (Market Base Line) at the 68, so pair was overbought. - Expect Bearish Momentum now. Entry: - M...
GBP JPY - Short Flashcard - Pair presented with double top formation early London session - First leg of formation presented with a hook into volatility bands with RSI cross under Signal line - Second leg presented with evening star pattern with close below 13 ema and divergence - Profit taken @ RSI signal line...
XAUUSD Long Direction: - XAUUSD is in Bullish OrderFlow, and has Bullish Momentum. - This pair created a pattern in a H4 Bullish OB. Entry: - H4 OB (OrderBlock). The pair came to retest that area and take liquidity. - Three Vector drop before held low. This indicates the market wants to grab liquidity before rising. - RSI crossed volatility bands (Shark-fin) ,...
CHFJPY Short Direction: - The pair retested Source at the H4 OB (OrderBlock). - Reversal expected as liquidity was trapped at the Source. - At last level of Bullish Cycle. Entry: - M ( Double Top ) Pattern Formation on the M15 & H1. - Divergence occurred on the H1. - RSI crossed volatility bands (Shark-fin). - RSI above 68, indicating pair was overbought. - Pair...