H4 NARRATIVE ->Swing is bullish. ->Internal structures are bearish. ->For me to confirm that the swing pro-trend has resumed I need to see internal structures shift bullish so that I now have a timeframe alignment. ->Otherwise I will still play along with the internal price action. ->OBJECTIVE- Trade the HTF Counter-trend.
DAILY CHART NARRATIVE: ->Swing is bullish. ->Internal is bullish. ->Fractal structures are bearish ->On this timeframe, a high has just been violated. Therefore, I'm expecting a pullback on the same timeframe, but until the internal structures shift bearish.
GBPUSD idea on sells. sell entry @1.26361 stoploss level @1.26611 take profit level @1.24990 R;R 1:5 USE PROPER RISK MANAGEMENT
This week looking at going long . check the mark up and set-up to look for opportunities check entry confirmation at smaller time frames.
this week looking for buys will consider to long from my confirmation area .
DXY (Dollar Index) We could see a retreat originating from the daily supply area. Our goal should be to trade in the discounted demand zone.
Expecting buy opportunity on usdjpy. currently price is at our point of interest which rallying from DEMAND ZONE we expect the price to keep pushing to the upside.
Expecting sells . Currently the price is at supply zone. technically we are able to see price action moves indicating possible reversal for sells
Expecting buys once data is out the price is currently at near demand zone
Price trading at a previous 4H Supply, doubling as a key resistance zone. Formed rejection plus confirmation. EurNzd Sell stop @ 1.74722 Sl. 1.75175 Tp1. 1.74418 Tp2. 1.74219 Tp3. 1.74021 Tp4. 1.73817 (RR: 1:2)
EurNzd Buy Limit @ 1.70225 Sl. 1.69763 Tp1. 1.70511 Tp2. 1.70713 Tp3. 1.70911 Tp4. 1.71115 (RR: 1:2 we missed this opportunity