overall on the higher tf we have a bearish market. so what do we want see? we want to see new LL's being put in. As of now the market has being pushing to the downside as expected but we need to see the retracement leg come up to take out some of the liquidity and orders so we can continue pushing to the downside. Right now I'm currently waiting see see the market...
here we have GU. bearish on HTF, just made a new LL waiting on retracement legs to my possible points of interest, will look at order flow within them to look for any confirmation
smart money concepts are the way froward. aim for the equal highs... understand what the composite man is doing....... structure is key
looked on the monthly and saw that a W formation has been formed, usually when a W formation is created it tends to come down to the neckline, I then looked on the lower time frames seems to look nice for a short price action wise, so lets see if it breaks this support if so it will be a nice clean trade
bullish pennant, broke to the upside, retest the minor support and rejected it, Macd is in a bullish market and moving averages are cut for a long, everything looking perfect so far, took the trade on a 1:3 so lets see how it goes.
price broke previous structure, I took my fib on the daily timeframe on the pushy down, the pullback is almost at the 3.82 of my fib which previously respected, will be waiting to see how price moves when its hits my 3.82 level.
fib on break of market structure, bearish trendline and now its testing the resistance, after 4h close I should be looking at shorts
ill only be looking for longs on this pair as I have a monthly patter which had formed, so im waiting for that to be fulfilled, the pattern was an impulse correction and then impulse which I'm waiting to be fulfilled. just waiting for the right time to enter, any improvements or anyone who could help me improve my trading please feel free to leave a comment or message me.
break of trednline, could see this coming done before completing the monthly move, which is impulse and correction and then impulse
looked on the monthly saw a beautiful impulse and correction ( to at least 3.182 ), then used my fib which I then saw it respected my key levels, I then market out the monthly goal of where is should go to complete the impulse and correction. everything Is looking perfect so far waiting for it to break the level of resistance then re test that level we just broke...
uptrend on GJ, seems to be respecting the upward trend, waiting for it to come down to respect the support and my trend line, if it does so ill be looking for entries if the market shows me what im looking to see. any tips or anything I could improve on please let me know.
USDCAD looking like a nice short if it plays out the way I am expecting, started on the daily and a saw an overall down trend, then moved on to the 4h and looked for my support and resistance and saw that price has previously rejected 1.2800 area which its currently at now which it seems to be rejecting, which show us that it doesn't want to break this zone, if...