jamesibartram

jamesibartram

I have a very strong Long position Analysis... Let me explain. Starting in the Higher Time Frames. On the current weekly time frame is very simple to see that we are Bearish, but... Lets check out the Daily. Firstly I notice we have made a double top acting in my opinion as a magnet for price to sweep out. We have also have a lot more volume in this market of...

jamesibartram

Breaking this trade down starting from a Higher TF.. We are Bullish, we are clearly in a parallel channel making Weekly HH's, Daily we just make a push of a strong Demand zone. I now will be looking for some sort of pullback before looking for Long Positions In the smaller TF starting from 4H... We can notice price has just made a Double Top acting in my opinion...

jamesibartram Updated 

Looking at this chart price is appearing Bearish but I have other beliefs. As you can see on a Monthly TF you can notice a clear Elliots Wave 1-5 Pattern Followed by this current breakout. Typically Liquidity will sit higher and will remain untouched after breakout as shows in this graph, I believe we have seen a large swing point being at a Phycological Level...

jamesibartram Updated 

Long for potential long positions at 2.1600. Why?.. At this Phycological level we can see previously that we have had large buying pressure added at this level. To support this we can see multiple Imbalances left after price sky rocketed. Currently price is falling will multiple market jumps insinuating the continuation of Bearish movements for the next few...

jamesibartram

This strong analysis in my opinion is looking to be changing Market Structure in the Higher Times Frames. As seen on the Daily TF we have made a new Strong High and price has respected that high with multiple TF supply zones and Mitigation Blocks Our 4H Chart is showing Lots of Sell side Liquidity also a double bottom acting as a magnet for price to sweep. Price...

jamesibartram

Risky Trade setup. Trading against the Trend What I am currently looking at is a Long Term Pullback trade. We've been breaking structure to the down side but on smaller time frames ive noticed a recent shift in the market telling me we may see a movement towards to the upside. On the Long Term, the discount zone is almost 3000Pips away which is why I believe the...

jamesibartram

High Probability Setup for a Long Position (In my opinion) Currently we have been in a solid Bearish Trend since Christmas, price has been forming Lower Lows suggesting Sell positions have been preferred. On the HTF we see we are currently Bullish and that price is actually currently in a Long Term Pullback stage. To back this statement up at the end of November...

jamesibartram

After CPI even yesterday making a valid pullback we will be looking to take Buy Side Liquidity. MacD is supporting our entry along side with staying above both EMA's and staying Bullish on the HTF For my entry Im looking to enter from this Mitigation Block sitting at this Demand zone. To confirm this entry we will be looking to fill this imbalance....