dzan86

dzan86

HTF: 4H shows that the lower lower formation has changed with the last low being a higher low in the choppy downtrend. MTF: 30m - Identified key levels of liquidity and aiming for a break above/below those key areas. ETF: 5m - I am thinking the low will either be taken out and so I will target there or if there is a break of structure, aiming for a long trend.

dzan86

HTF: D/4Hr - The daily looks like an uptrend, however on the 4h we are seeing lows being target which would be equal to previous lows, hinting a range market possibility. MTF: 30m - Using the key levels from the HTF, we spot break of structure areas for trade entries on the range being formed. We identified targets for price to go. ETF: 5m - Place the limit...

dzan86

if within 1.5 hrs no trade signal is present, ignore this session htf: daily/4hr - consolidating mtf 30m - marked key levels etf: 5min enter on breake of structure

dzan86

HTF: D / 4HR - Seems to be in a consolidation, I feel I should just sit on the side line, but trying it out. MTF: 30m - Identified key areas of support and resistance ENT 5 - Enter on breaks of structure, manage risk dynamically

dzan86

htf: 4h long bias mtf: 30m key levels etf: 5min break of structure enter trade

dzan86

HTF: 1HR looks like downtrend MTF: 30m identified support levels to be broken ETF: 5min enter on break of the 1st support level

dzan86

Looks like weak selling to me, strategy is for entry for a long position with targets at top of arrows. Stops should be fairly tight as I am expecting strong push away's from the level

dzan86

My long strategy in the coming week

dzan86

Monthly Price Activity Recap: Price has stayed within the triangle formation. What started off as weak buying in previous months has turned into weakening selling pressure that mimics the weakening of buys near the end of the originating breakout shown in the above break. We are also seeing that price failed to break the previous low of the last monthly swing...

dzan86

Monthly Technical Price Movement Recap: Since the news of the Covid 19 outbreak, it seems there has not been much of a change in the the prevailing trend of the massive consolidation and accumulation pattern, it seems to be confirming a potential breakout to the upside based on the price activity. It's noticeable that the short selling within the price pattern...

dzan86

Weekly Technical Price Movement Recap: Since the news of the Covid 19 outbreak, USD there has been extreme volatility and swings in the weekly price of the USD relative to the CAD dollar. We saw price jump from 1.35~ to 1.40~, a jump of approx 1450 pips in movement. It seems the price jump has created a "top" and has retraced and is sitting at 50% of the last...