Price has recently risen on AUDNZD to a significant area (4H Order Block). Price initially rejected creating a trend liquidity shown on the chart. Price then rose again to take out this liquidity and in my view this is fuel for a push down to at least the Fair Value Gap (FVG) area highlighted. If price reaches this area it will be a 1:23R trade. Depending on...
EURJPY has had a big move to the upside and has ran straight into resistance in the form of a 4H OB. This OB has held and price ahs now rejected. On the lower timeframe you can see that structure has been broken to the downside which should hpefully indicate that there is selling pressure to support a move down further through the recent FVG. Entry is based on...
Price is currently moving swiftly through a higher timeframe FVG. Just above this FVG is a 4H OB which is of interest to me as a point where I think price could reach before rejecting to the downside. The 4H OB is in the fib golden pocket also which is a nice confluence. I will keep an eye on this and potentially short if I feel like price action indicates the...
GBPUSD looks bullish overall. Having tested a previous higher timeframe order block and rejecting it is now retracing. Currently it is in a 4H OB which I would like to see hold. If it does hold I'll look to enter a long. Basis for trade entry: 1. 4H OB does not get broken 2. Price begins to show strength and breaks out of OB to the upside 3. 15m CHoCH of a...
4H OB was rejected and structure broken to the downside. Currently retracing - order placed in the 30m OB which caused the downside break.
Big move yesterday where price came into a FVG and bounced, resulting in a CHoCH. Price has retraced now to 15m OB. Nice R:R trade here
Thoughts There is a 4H OB sitting below a lot of buy side liquidity - for this reason I don't think the 4H OB will hold. Above the liquidity is a 15m OB which would be an ideal place to shake anyone out of the market who is already short before a big move down into the FVG identified as a first TP. Open to ideas and a discussion from others - just comment below. Cheers!
Confluences 1. Trend liquidity grab into FVG 2. 4H Order Block below **Wait for 15m CHoCH for Confluence of reversal**
FILUSDT currently in buy zone 131-118 SL 117 TP1 162.78 TP2 181.32 TP3 192.44
THETAUSDT Crossing into 8.545-8.039 buy zone SL 8 TP1 11.95 TP2 13.05 TP3 13.9
DENTUSDT buy zone 0.0040394-0.0028699 SL 0.0023831 TP1 0.0111616 TP2 0.0148600 TP3 0.0189725
Entry: 1.2283-1.0813 SL: 1.05 TP1: 1.61 TP2: Mooooooon
Entry: 1.91 DCA: 1.8745 SL: 1.849 TP1: 2.2219 TP2: 2.3974 TP3: 2.6124
REEF demand area long + trendline support - idea