Phoenix-Rise-Trade

Phoenix-Rise-Trade

Price had broken the sideway movement support at 1.4335, and risen back to the H4 FVG area between 1.4406 - 1.4440, presenting an entry opportunity. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a...

Phoenix-Rise-Trade Updated 

1. Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0325 - 1.0346 On the Daily chart also note FVG between 1.0310- 1.0345 3. Trend Confirmation: Price has broken support at 1.0345, which now serves as a resistant level. Price is rising back to the...

Phoenix-Rise-Trade Updated 

1. Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0380 - 1.0466 On the Daily chart also note FVG between 1.0422- 1.0480 3. Trend Confirmation: Price has break support at 1.0453 with massive net sell volume. Price has rise back to Daily & H4 FVG...

Phoenix-Rise-Trade Updated 

- Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715 On the Daily chart also note FVG between 1.2680- 1.2712 2. Trend Confirmation: Price has break consolidation support at 1.2715. Price has rise back to Daily FVG area. Price has touched H$ FVG...

Phoenix-Rise-Trade

1. Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0380 - 1.0466 On the Daily chart also note FVG between 1.0422- 1.0480 3. Trend Confirmation: Price has break support at 1.0453 with massive net sell volume. Price has rise back to Daily & H4 FVG...

Phoenix-Rise-Trade

Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715 On the Daily chart also note FVG between 1.2680- 1.2712 2. Trend Confirmation: Price has break consolidation support at 1.2715. Price has now rising back to Daily FVG area. 3....

Phoenix-Rise-Trade

Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Trend Confirmation: Price has consolidated after the break from support at 153.27, down to 148.64. Price has now rise to 153.00 area, which is inside H4 & Daily FVG zone. 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 152.75 - 153.00 On the Daily...

Phoenix-Rise-Trade

Time Frame: - H4 & Daily : FVG Identification - H1 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 31.52, indicating a bullish in market sentiment. 2. Fair Value Gap (FVG): On the Daily chart noted a Fair Value Gap (FVG) between 31.43 - 31.70. On the H4 chartnoted a Fair Value Gap (FVG) between 31.15...

Phoenix-Rise-Trade

1. Trend Confirmation: Identified a Flag Pattern Consolidation after a bull, indicating a continuation in bullish market sentiment. 2. Fair Value Gap (FVG): On the Daily chart, identified Fair Value Gap between 25.400 - 26.125 3. Trade Execution Entry Price: 26.550 ( Engulfing Candle on 15 Nov 24) SL: 25.300 (below FVG) TP1: 31.500 (Previous High) Risk-Reward...

Phoenix-Rise-Trade

GBP/JPY recently broke a key trendline, signalling a potential downtrend reversal. After the break, the pair entered a consolidation phase, forming a flag pattern. The breakout below the flag's lower trendline suggests that the downtrend is likely to resume. Looking for short positions, aiming to capture the continuation of the bearish momentum.

Phoenix-Rise-Trade

Time Frame: - Daily: FVG Identification - H4: FVG Identification - H4 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 1.2830 area, indicating a continuation in market sentiment. The break of up trendline will add extra confirmation for bearish continuation. 2. Fair Value Gap (FVG): On the Daily & H4...

Phoenix-Rise-Trade

1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 81, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart, identified Fair Value Gap between 69 - 71. 3. Trade Execution Entry Price: 74 ( Engulfing Candle on 5 Nov 24) SL: 66 (FVG) TP1: 110 (1.618...

Phoenix-Rise-Trade

Time Frame: - H4: FVG Identification - H1 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment. 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810. 3. Position: Entry : 1.0825 Stop Loss : 1.0811 Take...

Phoenix-Rise-Trade

Time Frame: - H4: FVG Identification - H1 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment. 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810. 3. Waiting for entry signal after price touches...

Phoenix-Rise-Trade

1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 312 & 500, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart & Daily Chart, identified Fair Value Gap between 470 - 496. 3. Trade Execution Entry Price: TBA if price entered FVG SL: 460-474 (below Daily &...

Phoenix-Rise-Trade

1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 4830, also the break of previous downtrend, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart, identified Fair Value Gap between 4790 - 4940. 3. Trade Execution Entry Price: 5100 ( Long Bullish Bar on 21 Oct...

Phoenix-Rise-Trade

Time Frame: - Daily: (FVG Identification) - H4 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 32.50 - 32.75 area, indicating a continuation in market sentiment. 2. Fair Value Gap (FVG): On the daily chart noted a Fair Value Gap (FVG) between 32.00 - 33.45. ------------- Disclaimer The analysis...

Phoenix-Rise-Trade

Time Frame: - Daily: (FVG Identification) 1. Trend Confirmation: Identified a Change of Character (CoC) by the break of the previous support at 1.360, indicating a reversal in market sentiment and a new bearish trend. 2. Fair Value Gap (FVG): On the daily chart noted a Fair Value Gap (FVG) between 1.3810 and 1.3790. The price was rejected in the area, which...