


REASONS FOR BUYING: - Daily is still bullish - 141.00 is a key level - The purple zone is a bullish trap move from last week - We have untested "fresh" liquidity 143.35 from earlier this year. I think the banks want to make a run for 143.35 I would look for buy entries in the purple zone, then hold them.
We have USDJPY breaking out of a bullish pennant on the 5min/15min chart.....I'M NOT BUYING IT. I don't trust it. Here is why. Let's start from the most important part, our bias. I still believe price is searching for 105.05. Right now it still hasn't made me a non believer. I'm thinking the banks still have orders sitting there they need to close. For that...
This is very similar to the gold set up on sunday/monday we had. We have a 4H trap move zone (purple) it is a trapped engulfing on the 4H. As usual, we wait for the retest of the zone. And at the retest we look for a harmonic entry. We have two. Gartley, and potential shark/alt bat pattern. I'm looking for one more low to be made on the 15 minute chart with...
Based upon my filters this pair looks as if it can switch bulllish for a nice 24-48 period. I do believe the banks have a position sitting at 107.15 still and they need to close it. This is my target for this pair which ALSO gives me a bullish bias as well. So the question is, if I'm bullish where do I buy? I have two zones drawn PLEASE READ! Zone #1 I create...
Price opened perfectly. The Asia session droped straight down to take out the stop losses from friday...i'm referring to that buy move that happened just above $1931. When I give levels...wait for the line to get hit! Right now we are still watching. We have a shark pattern that has already completed. I'm just waiting for our level to get hit. If the shark...
I'm looking to buy a trap move IF we get one. My entry trigger will be my harmonic entry system. For the logic behind this please follow the orange numbers on the chart. The banks/institutions have a large order at the lower red line I believe.. The pennant/triangle sitting right above it and the trendline both add a great confirmation. I'm looking for people...
As we are mid session I don't want to spend to much time typing, but I'll do my best to break this down. It all starts with our HIGHER time frame target. My target is 1.2640-1.2660...Why? We have obvious equal highs sitting right there on the Daily and many traders will have limit orders sitting there. So if I'm a market maker, I'm going to want to dump my...
Will BTC punch through $11K? We shall see. This is a simple overview. If you need to write novels about your trades, they are probably too complicated. idea: We have very obvious resistance (greyish blue lines) on the chart. It's easy to spot, and there are a lot of amateurs who trade BTC. Amateurs = Amateur techniques....Such as super obvious support and...
I'll put a deeper analysis up later, I'm trading right now. EURUSD looks like it may be ready to make it's final low of 2020? Trap Move: Equal highs cleared on the H1 and price reversed back under, looks like a grab for liquidity, the banks seem as if they want to sell. The Target is bank orders that are still sitting there from 2017 Today's close is...
The dollar and cad look the most decisive with their respective strengths. The USD looks weak today and the CAD looks strong. Which means to look short on this pair. I like the equal lows (light blue), I've been waiting for price to retrace back to those bank sell orders that are still open. The banks need to close out in my opinion. I'm not sure if price will...
The dollar looks indecisive today, this could make for a nice setup if things happen perfectly. We have a bearish 707 completing right at a liquidity void. We also have to equal lows just below it on the 5m chart which means the market makers could be setting up a trap move to make people go long, and they will sell against those longs. This idea will depend...
Looking for GBPJPY to retest the point of control and make a final high up to 135.50 region. The logic behind this trade is that the I believe the banks want to sell at 135.50 area like they did last time. But in order to do so they need to clear peoples stop losses, which could potential be sitting just below it. If they do sell at 135.50 I'm looking for them...
Usually in trading, if it's too obvious, then it's to good to be true lol.. Please see y previous EURUSD analysis
This is just an idea right now. LEVEL TO WATCH 1.0900-1.00915 The reason i am watching that level is because there was a position built by the institutions there. What they did at that level was push price up (orange arrow) then quickly reversed it down. This means they moved price higher so they could actually SELL from a better price. The reason this level...
Will post analysis later
i will post analysis in a little bit
GBPUSD looking to short at 1.2895 London had a nice liquidity spike around 4am. It looks like a liquidity spike to me because we had such a strong rejection back under the equal highs it tried to clear, for this reason I think it is a false breakout and they are going to move price towards peoples stop losses, Which should be just below those equal lows. I...