EURGBP Short Direction: - The pair is in a Bearish Order Flow and had Bearish Momentum. - The pair was in a Bearish Cycle and respected the H4 OB's (Order Blocks). Entry: - M (Double Top) Pattern Formation. - Divergence occurred on the M15. - RSI crossed volatility bands (Shark-fin), indicating a rise in the pair. - RSI above the 68 indicating the pair was...
EURNOK Short Direction: - Pair is in Bearish Order Flow and has Bearish Momentum on the H4 and Daily. - Pattern formed in the Bearish H4 OB (Order Block). Entry: - W (Double Top) Pattern Formation. - Divergence occurred. - RSI crossed volatility bands (Shark-fin), indicating a drop in the pair. - RSI near the 68 (exhaustion zone), indicating pair was...
CADJPY Long Direction: - The pair was in Bullish OrderFlow. - It was in a Bullish Cycle and created a pattern within the H4 OB. Entry: - W (Double Bottom) Pattern Formation on the H1. - RSI crossed volatility bands (Shark-fin), indicating rise in the pair. - Divergence occurred, indicating probable rise. - MBL (Market Base Line) curved upwards which confirmed...
EUR GBP - Short Flashcard - Pair presented with double top formation off of 200 ema (which later became triple) - First leg came in with a sharkfin off of the 200 ema and RSI cross under signal line - Second leg came in with RSI cross under market base line (yellow) and market baseline flattened out after bullish movement ...
USD JPY - Long Flashcard - Pair has just broken the uptrend so this is a counter trend but the trend reversal wasn't the strongest (higher time frames) - Double bottom formation presented off of yesterdays low - First leg with RSI hook @ 32 into volatility bands - Second leg entry on shift candle at RSI cross...
USDDKK Long Direction: - On the H4 USDDKK was in a Bullish OrderFlow. - It entered the H4/H1 liquidity area. Entry: - W (Double Bottom) Pattern formation on both the H1 & M15 - RSI crossed the Signal Line (Shark-fin) on the H1 & M15, indicating a probable rise in the pair. - RSI was near the 32 on the H1 & M15, indicating the pair was oversold. - I entered once...
GBP USD - Long Flashcard - Pair in uptrend - Pair presented with a clear double bottom formation off of yesterdays low - First leg presented with a RSI hook into volatility bands near 32 - Second leg presented with a RSI cross above signal line with second leg holding the same low - Pattern...
GBPUSD Long Direction: - GBPUSD had Bullish Momentum, and was in a Bullish Cycle. - The OrderFlow was seen as Bullish and when trade, the pair was in a Bullish OrderBlock on the H4. Entry: - W (Double Bottom) Pattern Formation seen, indicating price will rise. - Divergence and Shark-fin (RSI crossing Volatility Bands) seen, indicating the pair will probably go...
AUD CAD - Long Flashcard - This pair has been on a bullish uptrend - Double bottom formation off of the 800 ema - Pair presented a RR track for entry from second leg - First leg of formation presented with a RSI hook into volatility bands @ 32 - TP1 @ 200 ema (however this should mean you stop...
AUDCAD Long Direction: - AUDCAD was in Bullish Orderflow, and the trade presented itself in a Bullish OrderBlock. - Previous high held was broken yesterday, indicating they were going to continue going long. Entry: - W (Double Bottom) Pattern formed at low of the day. - Low of the day was created when candles closed above the 800 EMA, and pinned below. This...
XAUUSD Long Direction: - Gold has Bullish Momentum and is still in a Bullish Cycle, as it is making higher lows and higher highs (Bullish Order Flow). - Due to the current global issues confidence in gold is rising. Entry: - The pair pulled back to the low of the OB (Order Block), so as long as it held the low this was the perfect entry to go long. - The candle...
CADCHF Long Direction: - Started a Bullish Cycle from 3 days ago when PFL (Peak Formation Low) formed. - H1 & H4 MBL (Market Base Line) on TDI leaning upwards, from below the 50. - H1 OB (Order Block) was being respected. Entry: - Low was held for multiple hours at the H1 OB (Order Block), which is a resistance point. Candles never closed below that low...
EURCHF Short Direction: - PFH (Peak Formation High) established 3 days ago which started a Bearish Cycle. - Bearish Momentum is seen on the H4 as lower lows and lower highs are being formed. Entry: - Price point was held for multiple hours over two days, and no candle closed above this point. Multiple candles pinned this point, indicating the high was going to...
NZD JPY - Long Flashcard - Bullish trend - Presented the same way as GJ (refer to previous flashcard) - Double bottom formation off of 200 ema - First leg presented with a RSI hook into the volatility bands - Second leg came for the same low and presented an entry with a break plus close above 13 ema and RSI volatility band cross - TP (could be at initial high of...
EURAUD Short Direction: - Entered a Bearish Cycle on Tuesday (three days ago) on the H1, so I was looking to short off possible high points. - Just dropped to the first level of the cycle, so still needs to drop for minimum 1/2 more days. - On the H4 & H1 time-frame there is Bearish Momentum , as lower lows and lower highs are being made. Entry: - High held at...
GBP JPY - Long Flashcard - This pair presented with the same pattern as on the reversal more or less - Double bottom formation was formed off of the 200 ema - 15m divergence as a long signal - First leg of the formation had a RSI hook @32 back in the volatility bands - Second leg of the formation had a clean RSI vs Signal line cross as entry confirmation - Pattern...
GBPNZD Long Direction: - Held last weeks low on the H4 & H1. This price action indicated it was going to move from a Bearish Cycle to a Bullish Cycle. Furthermore, it was at the last level of a Bearish Cycle, so it was due to reverse. - Reversal Multi-Session W (Double Bottom) pattern on the 29th June indicated the new low of the cycle (Peak Formation Low, PFL)....
GBP CHF Long Flashcard - Pair reversed along with all major GBP's therefore pair was in bullish uptrend - Double bottom pattern emerged with RSI @ or near 32 on TDI - The entry was at the second swipe at the low which was maintained within purple box (could wait for 13 ema candle close above) - Exit @common 200 ema resistance for TP 1 or @ RSI hook back in...