Looking at EUR USD testing critical zones of structure. This will allow for short term sell while we wait for a more long term buying opportunity based on the monthly impulse and retracement. Do you trade both short term and long term?
UNderstanding strcutre to teach you how to use it to find your own set ups. I personally have a long bias as i like to wait for more confirmation with more confrimations
Looking at shorting based on strcutre fibs. We are waiting for an entry condition to be valid prior to entering.
I personally have a long bias based on the price action. However, we are monitoring this critical zone over the next few hours and days to see how it responds to the levels of interest. Because of the pattern n the monthly we could see major moves in either direction, so we want to await for proper confirmation prior to entering
We are testing critical zones on the weekly and daily TF while trading below resistance thresholds. Additionally, we are trading and testing a significant structural and fib level on the monthly/weekly timeframe. Nice impulse pattern with solid RR of 1:4.26. Awaiting confirmation before entering.
We are testing key structural areas. Once we validate our entry condition we will execute the trade with RR of 1:3.36
solid risk parameters. descending trend lines and structure being tested.
RR 1:6 (or 1:3). Testing TL, structure + 38.2% Fibonacci levels. Awaiting for entry confirmation prior to executing.
We hit and passed TP 1. If you took the trade as prescribed months ago you should be sitting over 400 pips on this trade and break even. You can risk the pips and shoot for TP 2 or close manually.
Testing a critical area with Trendlines and fibs. Potential short is coming if entry conditions can be satisfied.
We are reviewing a trade called in February and later hit our TP dead-on in June. What happened, why did we wait to execute, and what should you do next time?
What's up gang! We are covering our last video on GBPAUD. We are reaching the first real area of support that could reverse our trade. At this point, you should already be at a break-even point too. So, you can decide to close the trade manually here and wait to reenter at there retest of the trendline or let it run its course to TP1. If you close now you should...
We are quickly covering several pairs, giving an update and focusing primarily on GBPUSD. The price is hovering my anticipated entry zone which is in confluence with several pieces of evidence supporting a potential short. Remember to use YOUR entry conditions prior to entering. Toal RR -- 1:3.29
The GBP trade finally was triggered and if you entered with us you should be at break ever. Monitor price at the trendline and close manually if it respects the zone as support. Otherwise, let it run to TP 1. RR -- 1:3.38
Looking at two shorting opportunities. Monthly TF is showing a great drawback from the previous push downward. We have just reached the first crucial structural zone which aligns with the 88% of the weekly leg. If this area is respected we will see another push downward. Keep in mind a potential reverse H&S could form too (this is why we are responsive, not...
Hey gang, giving a quick update on all the pairs discussed over the last few weeks.
One of the few instances we are taking fundamentals into consideration. We have reached a critical zone of oil with 3 pieces of confluence (50% fib, structure and the 1.27% of the prev leg). If entry conditions are met and this is treated as resistant we can have a good push towards our targets. RR - 1:3.27
We are looking ar EURGBp where we are testing the 61% fib of the weekly leg which is in confluence with the daily structure. There is some stagnation and consolidation in the area as well suggesting it is a critical zone. We are waiting for entry confirmation prior to executing. TP 1 - 1:2.36 TP 2 - 1:4.20 Be safe out there! See you in the next video