Chauncey

Price has tapped into weekly supply area and a market structure shift on LTF confirming a retracement to 0.382 Fib level and 4H demand level.

Many buyers joined the market when the price was around 1.0797, and another high is created with many stops above it in the same zone, I think the first strong order block close to the liquidity could be a good entry zone for sell setups

Took this long play the 2nd half of previous NY session, and the set-up was there.Unfortunately, the volume was lacking.But once Asian markets opened, it gave a little push towards a 10 pip TP.

Public spending in the UK has exceeded government revenue by 16.7 billion pounds ($20 billion), aggravating the financial woes of the British government. Later today, Mitrade expects the UK year-on-year inflation rate to increase by 9.9%, slightly lower than 10.1% last month. GBP/USD then declined 6

Looking at USDCAD here on the higher time frame, I cant help but point out the bullish price action in nature. The overall structure looks clean from the bullish move up, and a larger correction, with multiple swing highs and lows, forming the correctional structure you see right now. From last year

As we mentioned yesterday the price would be bullish to reach 1.2290 So now already broken it and stability above it by closing 4h that will support the price to get 1.2368 but it is possible to do a retest till 1.2290 Otherwise, stability under 1.2290 will be bearish to get 1.2215 Pivot price: 1.21

We used the theory of price action in order to conduct this analysis, so that we could guide our decision-making process. Based on the results of this analysis, we can see that the price is moving upwards while using the ascending channel to do so. In the past several months, the price has given us

AUDJPY is currently trading in an ascending channel. The market failed to make a higher high at the resistance level. Price movement formed a triangle pattern around the psychological level of 94.000. We expect a bearish move.

After a heavy few bullish days, I think we may see a retrace ( to the area marked on the chart ). However, for this afternoon's US session the rally may continue. The daily chart is still very bullish , the dollar is still bearish . We made need a healthy retrace to balance the price for further ups

EUR/USD After Reaching your Target on the previous Idea ( Link in description ), the price, moved from the fundamental news about Inflation , seems ready to drop more without support... So far, the problem is obvious. Inflation will take longer to rise than expected. The same goes for the Fed's plan

EURAUD is on a bearish trend . i marked the 4hrs Orderblock and liquidity(equal high and trendline). I will wait for the market to grab the liquidity and give me a bearish break of structure before taking a sell.

We Can Saw Really NICE Breakout.This indicates a breakout resulting in a trend change from Bearish to Bullish . It is not recommended to sell when the trend is in the process of changing because the price will tend to be vital to continue rising and the target for the increase is 0.97663

Analysis of #EURNZD EURNZD is still the only EURO pair that did break support yet, all other EURO pairs broken support headed for more downside. I am looking for a bottoming process that might happen here near support and if the market provided a reason to get in a buy entry I will get in

We can see here a change of character (CHOCH), it means reversal, the price failed to make a new lower swing and broke the structure. I am looking for longs if the price retraces to bullish orderblock + Imbalance and reject from that zone.

AUD/USD rangebound at 21-EMA support, US Retail Sales awaited for impetus A 'Golden Cross' on the daily charts keeps downside cushioned - RSI flat, but holds above the 50 mark, Stochs are on verge of bullish rollover from oversold levels - Price action is above cloud and Chikou span is biased higher