once again price has rejected the the upper trend which was acting resistance from the higher time frame triangle pattern then we seen price could not make any further higher high and breakdown the higher low indicating the bearish pressure we are trying to short AUD/USD based on the breaker block = 0.66458, with SL = 0.66630 (17pips) and Target = 0.65958 (50 pip)
Buy @ 1.27162 - SL @ 1.27101 - TR @ 1.27340 & 1.27400 considering the higher time frame i noticed price has to mitigate 1.27700 level for that on lower time frame price is making higher high and higher low with Bos and trade based on pullback trades are being executed on fvg got this data from my backtest recently price tapped into 1hr fvg on 15min im...
price is trading near the bullish ob from 1h where we have a bullish divergence we are waiting for the confirmation the condition if, price form big bar candle over 0.66120 (closed above) if the price has left bulling fvg where we can place our trade we can target upto 0.66750 follow for more such ideas
BTC level of 69000 round level could be crucial there we have two condition on both sides but the down the side has more space to move and get more liquidity (4000-5000) whereas the upside has only 2000 pts space the favourable sides happens to be pullback and trade on reversal because once the price crossed above 69000 then soon after there will be...
so we had higher time frame bearish ob plus 1h bearish ob resulting our bias to shift negative price has left bullish fvg near 156.500 we can at that range price to mitigate
we have seen on daily time frame price formed rising wedge pattern on friday 7jun we seen a bearish big candle confirming the breakdown of the pattern price then tried to take a bounce from recent orderblock but we can clear see that the bearish pressure is not letting the bullish orderblock go any further up causing the price to form a small triangle pattern...
this could be possible the on monthly and weekly we can see the price action is sell on high and buy on low, and price recently hit the high and forming triangle on the daily time frame we can see rsi falling and with price it could be bearish divergence 450-425 is the 50% from the swing low let see how the structure forms .......
at cmp of 1.27346 price is facing 4h bearish fvg so there is no sense to open new positions here rather we have 4h ob pending at 1.25650 to 1.25000 then we can look for the target of 1.29000
price is near the resistance 0f 104.750 >> 104.800 >> 105 now the question whether the price sweep or run through this liquidity ??? as price has made higher high and higher lows with recent bos we are looking to buy instead of going short during the impulsive momentum candle price has left behind some bullish fvg which are pending below at the level of...
The dxy price started getting rejection from 103.500, as it reached the htf supply zone This supply zone is from 103.500 to 105.000 The currency fair as forex pair /usd will be benifiting with some sort of bounce as the dollar is cooling down Where as currency pair like usd/forex pair for example usd/Jpy can get healthy correction keep them on your watchlist...
after feds repo rate decision we had seen a fall Price reacted from MTF demand zone and seen bulls reaction The low from where the price reacted will be POI to buy again 1.0980 >> to >> 1.104 There is little zone for creating a pullback And if that pullback sustain and at (1.1047 - 1.166) we can see further more upward I'll update accordingly Happy...
141.200 was my flip zone Price was making higher high and highe low Thereafter price (ChOC) and started forming lower high is the indication for me to go take short & Aiming target for 139.250 With R:R by 1:5
As eth crossed 2000 lvl We can see the price formed triangle pattern Making slow and steady higher Low higher highs Currently prices is hovering around the high end of triangle pattern My stop loss will 2082 and target 2260
As shown on chart will wait for either side break of the zone or will skip for today
Ltc forming a continous pattern after getting rejected from 55 lvl acting as resistance for kow One this triangle pattern is broken we can trade for 51 lvl Will update with another post for trading details
Prevously discussed about descending channel price trying to respect it and consolidating within the range With Trailing Stop loss 19500 * Currently * One more rising wedge patttern js forming within the channel If this pattern gets breakdown we can trail our target upto 18950-18920 Follow for more updates :)
Yesterday we have short btc at 19600 and after that price has been going in our favour on 30 min as of now there is one more pattern forming descending channel * Gonna trail my sl to 19500 so that even if this trade get reversed we might not loss * Our target will be intact of 19000, either we stop at target or trailing Stop Happy trading Happy weekend
On 15min tf we a rejection from 20,000 and 20200 around lvl After that the price is consolidating at the down side of rejection which indicates price forming a structure to break Projecting from rejection to structure the down projection can be expected around 19000 lvls Go short below 19600 stop loss 19900 target 19000