JannikTrading

JannikTrading

Analysing DXY the current daily candle is anticipated to be a consolidation 3rd candle. Although the retracement off the daily Fair Value Gap on USD/CAD looks like the last bearish argument to be removed, I don't expect follow through today. Rather wait for a 3rd candle on DXY and trade lower from the new Fair Value Gap.

JannikTrading

Price retraced from Weekly FVG. The retracement had high momentum down, making Fair Value Gaps on the 4H. After 3 things aligned: 1. Price made new 4H Fair Value Gap coming from the Daily Fair Value Gap 2. Price disrespected Swing High in 4H Fair Value Gap 3. Rejection off D FVG closed with perfect 2 candle rejection. I entered the trade after I've seen the close...

JannikTrading

After strong momentum down, an 4H ST has formed. This is not enough confirmation for an entry. Wait for more confirmation in form of a run on a retracement off of a 4H FVG.

JannikTrading

TA: Many confluences for a bearish bias. Only confirmation needed for high probability price action is running (closing below 4H SL) on 1H. We have to exercise some caution, because price is still in the area of the monthly sweep. For a trade PA has to give us optimal behaviour. News: Powell testifies at 10:00am. This could lead to a very quick move below the...

JannikTrading

Outbreak to ATH. Take your time to jump in the trade. The price will come back for a consolidation before reaching new highs in blue sky. P.S: Don't forget your stop losses

JannikTrading

After breakout of the immediate bullflag, XRPUSD can be moving sideways until breakout to under 1.9 or breaktout over 2.12. RSI is in oversold area on 15min timeframe.