With UC respecting a major daily support level and lower time frames shifting structure I've decided to go long for a 1:3rr. If all goes well we could expect price to back into 91720. We'll see what happens.
I sent out longs on EJ and stated price being bullish after respecting a support level below. Price ended up shifting structures on the smaller time frame which made all time frames bullish. Price is currently playing in my favor with just a few pips away from targets. Solid entry, solid risk to reward.
With EJ respecting a support level and shifting structures on the smaller time frame I've decided to get into some longs for a 1:3rr with stops just below structure. If all goes well and price respects the shift at the level then we could expect bullish structures to continue running from here. We may see a range continuation between 161.445 and 164.424
With UJ respecting a daily resistance level and lower time frames showing a shift in structure I've decided to go short for a possible 1:3rr with targets right around the daily support. All time frames are in sync at the moment so I'll personally be bearish on UJ until price breaks above the last high to show another possible shift in the market. We'll see happens.
With NU being in a range we could expect price to respect the level its currently at like it has before. Longs are possible here if price goes bullish on this retest. Market structure shows price being bearish up until it tapped the support level. We currently have price breaking those structures. A bullish engulfing candle would confirm longs. If all goes well...
Last possible set up for the day is gonna be UJ. UJ is another pair that is in a clean range with levels being respected. As long as price respects this support level with smaller time frames shifting then longs could be possible. I won't be forcing anything today so we'll see how price decides to react here.
CJ was in a clean range before deciding to break to the upside where I was looking to get into longs. With price coming back down below the high and smaller time frames shifting we could expect price to retest the shift of structure and a level or resistance sitting at the previous high. If all goes well I'll be looking to get into some shorts with a 1:3rr. We'll...
Just a few hours ago I published a set up on EJ. I spoke about EJ flipping bearish at a major level of support with smaller time frames supporting the higher time frame trend. Once ej had a solid push into my direction I decided to close profits just a few pips short from my original target. Bears are still in play.
EJ at the moment is respecting a major resistance level with smaller time frames flipping bearish. For that reason I've decided to short the pair for a 1:3rr! Entry for me was a retest after price broke smaller time frames bullish structures. All time frames but the weekly are in sync. If all goes well we may expect next week to be bearish with price potentially...
I sent out a UC set up the other day stating UC being bullish and there was a level I wanted to see get broken and retested before executing any longs positions on the pair. Price did just that on the 15m while leaving another chance for a pullback. If price can pullback and maintain above bullish structures then longs would be ideal here. We'll see what happens.
I posted UC longs yesterday and stated my reasons for going long on the pair. Price ended up playing out smoothly ! I managed to close a few pips short from my original target only because price took a while just to get there and don't want to see volume die out and pullback towards entry.
NU is another pair that is bullish but broke back below a high with smaller time frames shifting. If price can pullback and successfully retest at the last HL then price would confirm the shift of structure where shorts are possible. Another set up with a 1:3rr if all goes well. We'll see what happens. Price could push back above the last HL before heading back up...
Gu had clean bullish structures before crashing back down below a high with lower time frames flipping structure to support shorts here. I'll personally be looking to short GU if price can successfully retest the level I'm interested in before shorting with a 1:3rr target. We'll see how price reacts. Entry for me will be a bearish engulfing candle.
I sent out a CJ set up yesterday stating CJ being bearish and how I was personally looking for shorts even though longs were possible. With CJ failing to stay within the range for potential shorts I've decided to go long once price broke above the recent high with a retest leaving a solid bullish engulfing candle. Looking for a 1:3rr on this set up. The weekly is...
My last set up for now is going to be CJ. Price was bullish before respecting the resistance level above and flipping structures. Price at the moment is overall bearish so my priority on this pair is to go short once price breaks below. I'll personally be looking for a 1:3rr on this pair. Longs could also happen but I'm chasing shorts on the pair.
AU has been extremely bearish with price making a new LL last week. The set up here is pretty self explanatory. Once and if price can push above the resistance level I have marked up then we could expect price to push to the upside and potentially tap into 63000. Price is bearish but with structures being created around the LL I do wanna use it and build up a set...
Another bearish pair is gonna be GU. I'm personally gonna be looking for price to change direction once we get to a level that has to be retested before looking to short the pair. The change of character is gonna play a huge role here. I'll only be interested in longs if price decides to maintain bullish structures above 1.25055
EU has been extremely bearish. Price ended last week solid bearish structures to build a set up off of. We can either expect price to respect the retest with smaller time frames to support the short set up or expect price to tap back into the last lower higher before heading back to the downside. As long as price respects and maintains below the last lower higher...