Meltradess

Meltradess

Whats up guys, Oil has been moving just like I expected. Its given multiple intraday bullish opportunities. Im waiting on it to fill another imbalance before I go long again. Watch out for daily equal highs at 122. We also have 1:1 impulse completion at 122.50.

Meltradess

Whats up guys, with my bearish bias in mind, I didnt see any clear setup until we broke 12,650. Patience is key. It did a stop hunt and created equal highs on the hr. Bear Structure has not been broken. Im waiting for pullback to the imbalance before entry.

Meltradess

Wassup guys, as you know, im still bearish bias on S&P and Nasdaq. My last post on S&P was a beautiful trade. It gave you 2 intraday opportunities; bearish and bullish. Now we are back in another imbalance. If you know how to read price action, you can see the down trend. It looks like we might head down to 2 good areas of liquidity. Im bearish til we fill a daily...

Meltradess

Wassup guys. With my bearish bias in mind, Nas100 is in a small imbalance but I believe we will have another move lower to take out some daily liquidity and complete a daily imbalance.

Meltradess

With my bearish bias in mind, S&P has cleared some good liquidity on the 1hr. Its headed to some more liquidity near equal lows on the 1hr. Its a daily imbalance that needs to be filled before I think about being bullish.

Meltradess

Whats up guys! Been a long time but Im back. With my bullish bias in mind, Oil has taken out some liquidity above a previous high on 1hr. Now Im waiting on price to pullback to a short time imbalance before heading to take out liquidity near equal highs on the daily timeframe.

Meltradess

Gold is consolidating down to the daily .382 and the 4hr .50 fib. Its also the previous hi. I'm looking to buy there. Target is double top most likely.

Meltradess

Eurusd seems to be consolidating on the daily. It might make its way back up for the double top with fib confluence or to the daily .50 fib confluenced with the previous daily trend line.

Meltradess

Oil seems to be forming a bull flag on the 4hr timeframe. I recommend buying the breakout on the 4hr for a conservative entry. I am looking at buying off the daily .50 fib.

Meltradess Updated 

EurUsd Broke 4hr consolidation and seems to be headed back for a retest. If 4hr fails the retest, I recommend selling

Meltradess

UsdJpy is in a expanding wedge with bullish divergence on the daily. Ive seen this move happen a few times with other currency pairs. If it rejects the daily trendline, I recommend buying. Always use stops and be smart.

Meltradess

The chart says it all. I recommend buying around 45.90

Meltradess

XagUsd weely chart. I am waiting for price to come to the weekly .618 confluenced with weekly previous low. Should be a nice drop from there,

Meltradess

EurJpy is currently at a monthly .786 fib. It also has formed a flag pattern on the weekly. I will be looking to buy on the lower time frame and hold this trade for a while. Im going for 5k-7k pips if I can hold it long enough. If not, just getting 1k pips from this trade should be very easy.

Meltradess

Oil is headed for the Trend Line it broke early Last week. It should retest and drop. It will also be a double top with daily .618 fib confluence. If it rejects I suggest sell.

Meltradess

Im not going to go in to detail on this one. The setup up is pretty easy to see! Sell on the 4hr double top.

Meltradess

Audusd has started its up trend. It seems to be doing its first consolidated pullback. It has found support at the daily .786 fib. Once the consolidation is done, I recommend buying the breakout.

Meltradess

GbpJpy has just rejected the weekly .618 and the daily trend line inside of a expanding wedge with bullish divergence. I see this pair shooting up 2k pips. Hop on for a ride on any pullback!