DPA_FxKnight
Looking for short term buys into an area of supply (Monthly iFVG) before joining the current daily trend - bearish
Looking for price to pullback after a change of character (Trend change), to an area of supply
Waiting for price to tap into and reject that FVG to confirm the Daily pullback to the daily supply area before looking for longs. Just an idea...
Waiting for a potential pullback into the discount zone before looking for shorts.
Price is approaching an area of interest, with some liquidity laying just below that area. It also important to note that the nature of the market is correcting upwards after a sharp impulsive move to the downside. What are your thoughts?
H4 trend is bearish, confirming the D1 pullback to supply zone. Currently the draw on liquidity lies below a H4 PD array (FVG)
The current trend is bearish and price is approaching an internal area of demand. If H4 demand holds, then we could see price head lower to a higher time-frame supply zone, before considering longs.
Looking to short the pair in the supply zone, should there be a rejection and confirmation. Price is currently in a correction phase after a hard sell off.
Looking for price to correct upwards towards a marked area of supply before a potential trend continuation (bearish) after a change of character (CHoch)
Looking to go long. Price has swept buy side liquidity before selling and breaking structure along the way. There a H4 Order block below a fair value gap, thus creating a magnate for price to possibly test, before going long.
Looking for longs, after price tapped and rejected an area of daily demand (order block)
There is a potential USDCHF short term long (pullback) play on the cards. Currently the price seems to be pulling back lower to discount prices before a potential long. Price has broken previous highs after a week long bearish blood bath. Last Friday's gains, signify what looks like the start of the bullish pullback in order to complete wave 4.
Currently, price has broken previous highs (buy side liquidity) and now seems to be rejecting an order block. If price rejects lower from here, it will fulfill the idea of closing/testing the Weekly order block and fair value gap (FVG) before potentially moving higher from there. If price hits the weekly FVG/Order Block, preferably corrective, then it might...
Expecting price to break the internal weak high and then sweep liquidity, before trending lower to first take out the H4 weak swing and then potentially go up afterwards.
Potential shorts on EURUSD. Price has moved moved external range liquidity now potentially going for internal range liquidity
The internal structure between the major swings is bullish. The previous low just formed a double bottom thus increasing the possibilities of one more push up into the supply zone before going short. Let's see how it goes. Just my opinion, not financial advice.
Price has shown weakness around the demand area. Now, looking for shorts to the previous lows. RR: 1:3 - Its about 47 pips down
Looking for a pullback to the 0.618 fib retracement level and then continue with the downward trend. If that fails, then there is a possible 2nd entry around the H4 Order Block