Princessk99

Princessk99

Market Structure Break Down. 1) Weekly- In this timeframe, the main structure is Bearish. Creating LH & LL. The price pulls back before long-term continuation unless it breaks the structure at 1.28000. The current candle is unidentifiable. 2) Daily- Market Structure is bullish creating HH & HL. Therefore, only buy setups we oat to look for on the...

Princessk99 Updated 

The daily timeframe market structure is showing a clear bearish trend. Price has failed twice to break the last low high to create a new trend. Therefore, the trend remains bearish and we should only look for sells. However, on the 4H timeframe, we do not have a clear confirmation on which direction the price wants to move. Yes, we have the long-term trend, but...

Princessk99 Updated 

There will be numerous major news for this pair this week. The US dollar will fall based on technical analysis, a higher timeframe structure and economic news. I am anticipating a 200+ pips drop to 1.21000. After a failed HH on the 4H timeframe, the price consolidated. I am waiting for a lower timeframe change of structure and confirmation to enter this trade....

Princessk99 Updated 

The price ranged and broke the structure, creating new HH and HL to confirm the new trend direction. Before any possible reversal continues, the price is expected to reach 1.28000.

Princessk99 Updated 

After a strong bearish trend over a couple of months and days, the market has changed showing a bullish trend on the 4H timeframe. Creating HH & HL, the price is expected to reach as high as 1.06000. For an entry, the 1H or 15M timeframe is perfect for sniper entries and/or to see a clear candlestick pattern.

Princessk99 Updated 

The purple zones represent the Daily Market Structure and zones. Based on the 4H Market Structure, the price is bullish creating HH & HL. Expecting the price to return to the Daily LH zone, before a possible bearish reversal again.

Princessk99 Updated 

The purple zones are the Daily Market structure and where the price is supposed to drop. Expecting a bearish continuation based on the 4H Market Structure. Pricing is currently bouncing at 1.22000, and I anticipate a drop to 1.21000. Before this major move happens, I am looking for price to pull back or consolidate a bit.