XAU/USD Big Short Setup +1000 pips!- Price made a huge imbalance after rising with an impulsive strong movement from 1620.0 demand zone.
- Also we can observe that price broke the last to highs at (1730.0 - 1760.0).
- On a lower timeframe price started to make an ascending corrective channel.
- We may have a strong bearish movement from 1800.0 to 1700.0 to catch +1000 pips.
Sphinxfx
GBP/JPY Long Setup +600 pips- We can observe some interesting price action on this chart.
- price rised from 163.0 demand zone and started making HHs.
- Price started dropping with a strong impulsive movement after reaching 172.00>
- We can see that price formed some equal low at 165.00, so we assume that this area has a huge liquidity.
- As you see price did not retest on 163.00 forming imbalance so we may have a bearish movement to 163.0 to grab the liquidity also to fill the imbalance from 163.0 demand zone.
XAU/USD Long Setup +600 pips - Price failed to break the last low at 1615.00.
- We can observe an impulsive bullish movement from 1620.00 demand zone.
- also price made a new higher high after breakiing the last highs also the corrective channel.
- We expect the price to retest on 1640.000 demand zone and then we may have a strong bullish trend to 1700.00 supply zone.
EUR/USD Long Setup +250 pips (CPI News)- We can see price respected 1.000 supply zone and dropped 300 pips reahcing 0.96500 demand zone.
- Price started consolidating after reaching the demand zone.
- Normally after a respected supply in a major downtrend we analyse the market for short setups but this long analysis seems to be more logical with this market structure and candlestick psychology.
* pivot line: 0.97400
XAU/USD Short Setup +600 pips- We can see on the charts price rised with impulsive movement from 1620 demand zone and broke the last highs at 1690 (change of character).
- Also we can observe imbalance after price rised aggressively from 1630 demand zone.
- Price now at a major supply zone at 1730 so may have a big bearish movement to 1630 demand zone to fill the imbalance.
CAD/JPY Big Short +1300 pips!- We can see price respecting 105.0 supply zone also some liquidity grab pushed the market over the zone this causes a break of the last weekly high at DEC 2014.
- A lower high started to form after price retested on the trendline.
- If price broke the last low also trendline at 104.500 it will be a good confirmation.
GBP/USD Long Setup +850 pips- We can see on the charts price rised with impulsive movement after reaching 1.0400 demand zone.
- Price started to make a consolidation then rised with a big bullish move (second impulse bullish move).
- We can observe a break of structure after the second bullish movement.
- Price may drop to 1.0800 demand zone to make a liquidity grab and then we may have a big bullish movement to 1.1700.
XAU/USD Long +400 pips- Price retested on 1800 supply zone many times and made a lower high also this will be structure swing high.
- We can observe a descending corrective channel after price broke 1785 demand zone.
- We may have a bullish movement from 1740 demand zone to the next supply zone at 1785.
USD/JPY Short +300 pips - Price Price hit 135.00 supply zone it started dropping with a big impulse movement and broke our last structure at 132.500 (Change of Character)
- We can observe a liquidity grab at 132.00 and price started rising slowly in a corrective movement.
- We might have a big bearish reaction from our next strong supply zone (Blue zone).
- This is an interesting price action where huge liquidity can enter the market so be careful price can be very manipulative.
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XAU/USD Short +1000 pips- Price Reached 1800.00 daily supply zone with an ascending corrective channel after a long bullish run from 1720.00 Demand zone.
- We can observe a bearish pressure from the supply zone also price formed a lower high.
- Demand zones for Tp: 1760.00 - 1720.00 - 1680.00
*Pivot line as a confirmation for selling (1783.00)
XAU/USD Sell +300 pips- After price broke 1740.00 zone, started to rise slowly in an ascending corrective channel till it hit 1790.00 zone.
- Price dropped with a big bearish movement, broke the trendline also broke the last low at 1765.00.
- We can wait for a pullback to 1780.00 zone only then we can think forshorting it
* Pivot line as a confirmation for selling at 1770.00
GBP/JPY short +500 pips- Price broke 161.00 zone since the first of JUN and we can see price is ranging making equal highs and lows.
- after retesting twice on the 166.00 supply zone price started to fall aggressively with an impulse movement.
- Now we are at 161.00 Demand zone and we can see bearish exhaustion as an descending corrective channel.
* Pivot line as a confirmation for selling at 161.00
US30 Short +500 pips- Huge 1H closure from the 33k strong supply zone.
- We can observe the exhaustion of the price before reaching 33k and that formed a divergence so that might be a good confirmation.
- if price broke 32500 - 23700 zone, we might then have a big bearish movement to 32k demand zone.
XAU/USD short +250 pips- Gold has been falling slowly in a consolidation corrective channel since 7 JUL.
- Price still making HL and failed to broke 1720.00 many times.
- Last 2 4H candles already have a huge wicks (selling pressure) looks like a tweezer pattern.
* We can wait for a 4H closure below 1706.00 and then we may enter a short setup to 1860.00 taking into consideration the 1700.00 next demand zone.
NZD/USD long +300 pips- Price finally broke the descending corrective channel that started 16 JUN.
- Price started making HH after breakout.
- We have a huge divergence in daily time frame.
* We can wait for the price to retest on breakout zone (demand zone) at 0.62000 and if we have a good confirmation we can put a long setup to catch +300 pips
GBP/NZD big opportunity +800 pips- As you can see on the chart price failed to break 1.92000 and big long engulfing bullish candle formed.
- Also we can see that market logic is changed.
- price still in consolidation even after retesting on 1.95000 multiple times.
- So we can predict that price want to break 1.95000 and rise.
- We should wait for a daily closure above 1.95000 for longing and below 1.92000 for shorting.
GBP/USD update with new entry +100 pips- This is an educational content that will give you some ideas and also teach why and how to enter a trade with pure price action
Make sure you watch the price action closely in each analysis.
Note: This analysis is not an investment advice it will only give you some ideas on the charts.