jabariofafrica

jabariofafrica

Hello Traders, AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from. I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe. Follow for...

jabariofafrica

Hello Traders, This pair has reacted from a monthly demand level and is trying to create a higher high there by hunting liquidity. As you would notice, price is a few pips away from the weekly buyside liquidity which if it is hunted, a reaction is expected. Looking left, you will notice how price dropped strongly from that level. My speculation is that price...

jabariofafrica Updated 

Hello Traders, This is an update on my EURCHF post (inserted below). The weekly bearish expansion is yet to happen, however, we can see that a trendline liquidity has been formed which would likely be hunted. Follow for more updates. EURCHF PREVIOUS ANALYSIS

jabariofafrica Updated 

Hello Traders, NZDCAD has been in a long-term decline i.e., the price has been bearish for months and is likely to continue. The weekly and the daily charts have printed bearish structures. Price just traded into the daily order block and is poised to continue the bearish move. Looking at the chart, you would notice the relatively equal lows (sell-side...

jabariofafrica

Hello Traders, The dollar has been rallying for days and weeks and we are slowly approaching a potential turning point. Price has already cleared two weekly buy-side liquidity (previous high) on its way up and is approaching the third. Although I am speculating and willing to go short, the market structure doesn't confirm to me bearish sentiment. I have...

jabariofafrica Updated 

Hello Traders, On a larger scale, which is the monthly timeframe, you will notice how bearish the EURCHF has been in months. Drilling down, you will see on the weekly timeframe by looking left that we are trading in a supposedly bullish zone (where the price rallied from) but that should get little attention as currently, the market structure on the weekly chart...

jabariofafrica Updated 

Hello Traders, This pair has rallied for the longest, however, last week it printed a bearish CHOCH on the daily timeframe. My speculation is for price to trade into the orderblock it created and continue the bearish move. Once price trades into the orderblock, I will go into the 1-hour timeframe to watch for a CHOCH before going short. See the analysis of...

jabariofafrica Updated 

Hello Traders, It's been a while since I made a post here, but I'm back. Silver is currently trading just above a weekly order block which I expect to trade lower to enter into the demand zone. You will also notice that if you take a look at your weekly chart, price formed a clean CHOCH and it is expected that the bullish rally continues. To add confluence,...

jabariofafrica

Hello Traders, USDCAD just traded into the daily demand order block and the expectation is that price should continue its bullishness. The expected rally is to take out near-term buy-side liquidity and hunt the weekly buy-side liquidity. I say this is dicey because the dollar is at a level where a shift from bullish to bearish can happen, but my speculation is...

jabariofafrica

Hello Traders, Take a good look at the annotations, what do you think? Could this be the move for the dollar in the coming months? Let me know in the comments. Follow me for more updates like this. Cheers, Jabari

jabariofafrica

Hello Traders, GBPNZD has been heavily bullish and with this bullishness, it created imbalances which can also be referred to as price inefficiency which would be made efficient or rebalanced in the future. Last week, there was a bearish CHOCH on the daily timeframe which indicates a shift from bullish to bearish. Could this mean that price is ready to rebalance...

jabariofafrica Updated 

Hello Guys, This week might end the dollar bullishness as I speculate that Friday 'could' be the last bull run before the bearish move starts... If you look at the daily chart of the dollar index, you would notice how price was manipulated to get people to sell the dollar only for it to reverse and rally. This rally, however, should continue. It would be nice...

jabariofafrica

Hello Guys, I don't trade crypto for personal reasons but a friend requested I do this for her and I thought to share it here too. Although BTCUSD still needs to reach lower before rallying, I speculate that the coming week will be bullish for a particular trading pattern I have come to understand differently than what is been taught or written about. I would do...

jabariofafrica

Hello Traders, EURNZD rallied almost throughout this week and at some point it is expected to retrace. If you go on your monthly chart and use your Fibonacci to calculate the extension, you would notice that price just traded to the first expected price target and it make sense that the price should start the retracement from there. On the 1-hour chart, you...

jabariofafrica Updated 

Hello Day Traders, I come bearing bearish fruits. This trade is simply a continuation of the bearish trend. Looking at the daily chart, you will notice that the price structure in the past couple of days is bearish. Also, there was a price manipulation to the bullish side yesterday. This is very visible by just looking at how yesterday's candle closed. My...

jabariofafrica Updated 

Hello Day Traders, What you can see is a sell setup on GBPUSD... Looking at the daily timeframe, you would notice that this pair is bearish in structure... Although the bullish rally is drawing closer, it is always advised you trade what you see not what you want the market to do. The daily chart shows that there is likely to be another daily bearish candle and...

jabariofafrica

Hello Traders, I know this pair is not one that most people trade, however, the price structure of this pair presents a short trade for day traders. This pair has some bearish juice in it and based on the price structure, this pair is retracing after the bullish rally. If you look closely at how yesterday's candle closed, you will notice that the price was...

jabariofafrica

Hello Traders, Let's review CADCHF together... On the monthly timeframe, price should continue the bearish move... also the last month's candle represents a bearish continuation candlestick. On the weekly timeframe, you will notice the massive dump in price and how the price started retracing then printed a bearish continuation candle. Most times, when price...