SILVER has failed to close above recently created liquidity pools, confirming to me that order flow to the downside will continue. Price continuously enters points of interest and keeps being rejected to the downside. If the next 4H bar closes out strongly in the red, we can see a continuation of this sell.
EJ has been heavily, bearish within - not just - the last few hours, but days. Sells have most definitely taken over and have resulted in continuous breaks of structures downwards. The last BOS on the far right - once it happens (Seeing as lows just keep being attacked, with liquidity continuously being left behind) - will confirm the overall sell into demand...
Pretty self explanatory and simple. Using the bias (Bearish) I simply mapped out the last area which created a significant break. Within this area - price should gear towards the demand zone below - however I do acknowledge that price had already reached demand in an earlier period and therefore if price breaks through the POI (For which there will be potential to...
US30 has been quite bullish recently. I believe that it will look to reach the supply zone of around 39270. Price will reach the most recent demand zone first before looking to go bullish towards supply. Good luck!
GJ has been interesting to me the last few weeks. It has a dilemma that it is going through. As seen within the POI, there is plenty of imbalance which could force price downwards, with confluences such as structural breakdown and imbalances left over downwards in the demand area - however price has - within the last significant periods - been trading upwards. I...
A lot of the JPY pairs have been recently moving similarly (not surprising due to their obvious relationship). I’ve been keeping an eye on UJ, GJ and my personal favourite EJ - for me to notice their recent similarities. Anyway, price successfully reached the supply zone and instantly began to dump, successfully shown by the initial displacement. This signalled...
USDZAR has been bearish for quite some time now, breaking several structures downwards too. On both the weekly and daily TFs you can see some imbalance downwards which seems to be attracting the price further downwards to demand. From what I can see on the 4H - price has actually respected previously created blocks, especially after the most significant break...
Price for AUDUSD may be looking to turn after a week of selling. It has left a wick below, signalling rejection. An order block was drawn, in hope to ride out the sell - however it was broken through, leading to the confirmation of the above. Using the breaker block I’m using the highest recent point for my first take profit and the swing highs as my future take...
Gold is not showing signs of slowing down and it most likely won’t. There are signs of confluence, the 2 biggest being that there is imbalance in the supply zone on the 4H TF and the second, being that price hasn’t interacted with a valid order block in a suitable zone. Enter with caution and seek.
Price should continue following the upward trend. It does have certain characteristics of a pull but it has yet to exhaust the upward momentum, in fact it’s in its last legs. This trade, if taken, has an RR of 3.72. NOTE : This is not financial advice, please do your own research.
On the weekly timeframe, USOIL has already reversed into a buy, breaking significant structures. I believe it'll keep seeking out buys. The daily time frame confirms that too - with current weakness showing in order to gather liquidity to complete the long move. In terms of where it'll react from - that depends on the structure it breaks. If it breaks (Likely and...
EJ broke structure - I would wait for the price to return to the point of interest and begin working. If it breaks upwards eventually - let the idea go, however if it breaks the second structure? Take the sell. NOTE: This is not financial advice, please do your own research and be aware that any risks are being taken solely by you, the individual.
The price has already broke structure on the way up, after reacting well from the POI, allowing for the break to occur. For this trade to work out, please wait for the price to tap into the order block - if it doesn't happen, let the trade go. With an RR of 3.41, this is a trade worth taking - even though I'd prefer more. NOTE: This is not financial advice,...
Another exotic pair, exercise careful actions when trading these pairs. Anyway - Clearly the bias is a sell. The price reacted well off of the POI and is now creating structure, with a liquidity grab having been made to the upside. As evidenced by the 1m chart, the price is looking to break structure so you could get ready to look for the order block. An order...
This is my analysis for the Pair USDCHF, week beginning 24/07/2023. As shown by the change of character on the 4 hour chart, USDCHF is now ready to return to its original point from where it broke, I have drawn out a POI and I expect the price to keep falling and reacting off of it and going to the next significant point. I would suggest to search for longs...
USDZAR is looking to reverse. It has clearly slowed its downwards movement and is looking to reverse up top to potentially continue its down movement. This was signified through its break of structure on the 4H chart. As shown on the 15 minute chart it has broken structure. The only worrying part is that it is returning back to break even. However this has the...
Multiple breaks after reacting off of the point of interest below and purging liquidity USDCAD is pushing upside. This trade has an RR of 9.95 - with 3 TPs: 1.33880, 1.35150 and final TP - with a probable RR of 15 - 1.35830. This is just an idea - please use caution when entering. This is not financial advice.
With an RR of 9.33 - EURCHF will continue on with its long this week. Once it breaks the structure it would be best to enter - there have been signs of this being attempted previously. This is simply an idea.