NOTES 1. Swing High Broken 2. Expecting new Swing High to form next week 3. Price to retrace to 70.5 fib level 4. FVG has been filled, high probability bearish next week.
Dollar created a swing high last week and has remained above 93.5 level. I am expecting creation of swing low and then price to run bullish.
Bias: Bearish Price cleared the previous day low. Expectation I am expecting price to run low today's low Conformation Range is drawn from high of today to the low of London session today. Entry is at 70.5% OTE
Bias: Bullish Confirmations: 1. Price cleared the previous day high. 2. Price is accumulating at the high of London session indicating manipulation. 3. Waiting for price retracement to 70.5% fib level. 4. Anticipating price expansion and run above high of today.
Possible NY reversal. Price broke out of the asia session consolidation during london session. Confirmation. 1. 5min EMA cross
Possible price rejection at key level 1.41250. Dollar index is at the low of the day and also the previous day, expecting a possible stophunt towards the lows and then price to resume bullish momentum
Creation of day low in asian session Break of asian low and retest of the asian low in 5min TF. Entry is at key level price 1.20250 Risk is 10 pips The macro is expecting a bearish move
GJ macro is bullish, a high was created in London session Price is pulling back. Drawing fibs from the low of the day to the high of the day, my entry will be at the 70.5% level. Risk is 10pips since the trade is not a reversal. Reward target is 50pips
Using the concept of momentum>>pullback>>consolidation The macro is bullish, price retracted to 150.0 level and price has been consolidating at that level. The fundamentals support a weak yen. I'll be waiting for ema cross in 5min TF for confirmations
London session provided liquidity for bulls. Price created a new high during london session, high possibility of price continuing to push. Macro shows us a possible upward move. Booked 50pips in London session, let's see if we bag another 50pips. Risk is 30pips
The sells seen on Tuesday, was a sellers induction IMO. Asian session and London session didn't provide liquidity for continuation of the bearish momentum, therefore high probability of an induction Price has room to move upto 154.00 Confirmation of Daily Structure Asian session consolidation London session breakout.
Weekly structure 1. Mid Week Reversal Price has broken of today and has come back to retest Trade is active 1.37471
Daily Structure, Asian session range London bREAKOUT NY Reversal confirmations 1. W pattern in 5mn TF Safe entry is after the ema has cross and there is a retest, however if the current price provides a good entry since with 10pip SL, SL is below the low of the day
Using session timings and price actions, and trend continuation the low of the day will be created 1hr before or after London session open. I think there is room for GBP pairs to push up before reversing Entry will be at 1.37470, which is a 70.5% fib pullback.
Price is accumulating at the low of the week and has been rejected quite fast at the highs, the low of the day has been broken and it's been retested in 15min TF. Confirmation 1. Rejection of key level 1724.0 which happens to be the low of the day
Price is trapping sellers, on higher timeframes(daily and weekly price didn't form a reversal pattern, therefore projecting GBPXXX will make new highs. The fundamentals are solid, therefore we'll the mon-tue pullback as an induction for sellers. Confirmations for entry: 1. EMA cross in 1hr TF 2. Retest of the 14 EMA
Possible sells in New York session. Criteria: Daily Structure ASIAN RANGE>>>LONDON BREAKOUT>>>NY REVERSAL Entry confirmations 1. Stophunt of key level 1.7625 2. Ema cross in 5min timeframe Canadian interest rate news will provide the liquidity in new york session Target is 100pips