As you can see from our chart we have 2 possible zones for GBPUSD to either reverse or pullback from... same rules apply to all and along with pairs, we have a bullish move so dont expect it to reverse without showing us a clear reason for it to do so... by hitting our higher zone we will testing a daily/weekly POI so we will 100% see a reaction of some kind! BUT...
as you can see by our mark up we have a few smaller interlocking structure points that are yet to be tapped into.... with the bullish pus taking us into new highs last week we have to maintain our upwards bias for now! A pullback into some of the untapped liquid (unlocked structure) would be a perfect reason for price to carry us into our higher zone marked...
CADJPY possible setup on the 4-hour.... As you can see from this mark-up we have some smaller structures that have yet to have their liquidity tapped into.... giving us the idea that they could be tapped and price drop lower into our bigger range.... from here we would expect the higher targets to be met! when all internal structures have been locked into then...
Small sell setup using the overall 8hour cycles to give us our reversal level. price is moving slow and has taken liquid from our 1min cycle next stop 1850
GBPAUD Last week we saw a smaller time frame buy cycle with completion... now this means we will either be seeing a new push to the upside, collecting the liquidity on this bigger sell cycle would bring enough invest strength to clear all previous lows... If we see price drop lower first we can then expect that direction to continue, with retrace of the most...
Pretty similar to the EURUSD (CHECK THAT FOR DETAILS) chart, we are overall waiting for the completion of the bigger sell leg....but as always we have to wait and see how price reacts, we saw a perfect move so far so lets see if this continues as we expect..... general price is showing a nice down movement...if retracement has finished we can see new lows very...
XAUUSD After another solid week of gains we have finally seen gold hit its potential reversal level (1900 to 1912) we have been looking for an hourly retrace for over a week now at it simply hasn't come! This is due to the formation of an overall leg that wasn't complete... This larger time frame leg broke our structure at 1875 we could be at the peak of a cycle...
setup ive found based on lower timeframe reversal entry. stop zones will be taken at some stage before a bigger push up! SELL ENTRY: SL at breakeven. 25% profits taken.
From the top down analysis, were seeing liquidity being more readily available on the downside. looking for a lower TF reversal IF price reaches our highlighted zone! WHATS EVERYONES VIEW ON THIS?