Notes: Asian Range is 19:00 - 00:01 (7pm-midnight est) on 1Hr time frame Gold plays well off the Asian range Highs and lows are usually Whole numbers ; Asian mid is on or around the 500 lvl Best entries (London): 12:30 - 2am est after range has completed Best entries (New York): 7:30 - 8 est Entries taken from the Asian high low ONLY after the range has...
GBPCHF - Waiting to see how price reacts at OB that has formed around the $1.1400 area. If price respects support then we will buy up into the 4hr OB. Target $1.15 (100 pips) Risking 15 pips. - Will reassess if trade gets invalidated 1:6.7 Risk to Reward Ratio
CADJPY short w/ multiple take profits CADJPY has reached a supply zone where it found resistance previously. From here we got a decisive push away from the zone and a return back to the demand area. Now that we're are back in the same place and we are starting to see buying pressure lose volume, we can predict the same move may happen again. We entered the...
Netflix has been in a downtrend for the past 3 weeks (21 days) It has finally broken the trendline at the $600 price level and at the time of analysis we are sitting around the $615~$610 price level. If we can get a pullback back to the structural level at the $605~$600 price level that would be a validate the entry to take this trade to the long side....
GBPAUD Sell idea GA is currently in a downtrend Price has found rejection at the 1.88800 level and has respected this level several times in the past (Marked by the arrows). The .800 level us our currently supply and we will be taking it back to the demand around 1.87500. Minimum 50 pip minimum with 3:1 Risk to Reward for every trade taken. We will be...
The peso has returned to a key level between the $19.20 & $19.80 price point. Previously this level has held as a point of support and looks to continue doing so. We will target previous highs for our take profit level. We will be looking for price to rise to the 20.1775 which once held as a key resistance level. If we are able to break this area we will look for...
GBPAUD has presented the same setup from yesterday after a retest was made yesterday. We want price to return to the demand zone, reverse then target the supply zone. Entry Criteria: Entry 50% of consolidation or at the bottom of the zone for a return to the demand zone. Overall trend is bearish and sellers are holding structure. We want to see price break...
Update on GBPCHF: Price created highs into our supply zone 8/10 Price created a low right below the supply zone around the 1.27500 ana made a return back to our supply zone 8/11 Price came to equal highs from monday and created a wick and began to drop. From here we would like to see price drop to the 800 level and close below it. The 800 level is also located...
We got a perfect drop on GBPCAD today. We entered at 50% of the consolidation zone for a return to the key level between 1.73500 and 1.73250. We are currently at a decisive level where price can either continue through this zone or reverse and return back to the supply. Entry Criteria: Decisive Break outside of zone Price must break zone and wicks sitting...
GBPAUD has been respecting market structure and quarter points falling slowly from support down to the demand. Entry Criteria: Entry @% of consolidation or at the bottom of the zone for a return to the demand zone. Overall trend is bearish and sellers are holding structure. We want to see price break through this imbalance and head toward the demand area...
Looking closer for entries on the 5min after drawing our setup, we found another zone for price to react to. We will wait to see how this set up develops. I may take entries at each of these targets mentioned.
GBPUSD started the month by buyers losing momentum and sellers coming into the market. Since then price has been creating lower highs and lower lows. We are currently sitting at an area of support between 1.38325 and 1.38375 GU has been creating steady market structure which is perfect for us to take it zone to zone everytime; Paired with quarter points it makes...
GBPCHF has hit a Supply zone at the 1.28000 level, if price respects this level we expect sellers to push price back to the demand zone between 1.27500 and 1.25500. As of 12am New York Time (11pm central) price is currently consolidating below the supply zone. It found support at 1.27500 which started the ranging of price. -Entry Criteria Price Leaves Supply...
I had to post this one. Look at the structure. How could you not take it.
Gu has found equilibrium in this consolidation zones and buyers are looking for their positions in this area. Sell candles are getting shorter and are wicking out showing that sellers are weakening in the market and we are also approaching an institutional level at the 200. I will be looking to take your entry from the 200 up to the 700 for a total of 50 pips. Per...
~Sell Confirmations~ 1 hr RSI Divergence Double Top Break & Retest of a dynamic support zone 4h Consolidation Wicks above support zone showing buyers weakness RSI showing oversold Entry Criteria: Wait for price to break below the current consolidation zone. break and retest or engulfing candle outside of zone in order to confirming the sells
Gold buy idea. Posting for before and after purposes Trade is more than 50 pips and more than 3:1 Risk to Reward so we are safe to enter according to our trading plan #WakeUpInProfit