Download the Chart and Use the Groups of Drawings to Navigate the HTF Bias(Trend) and Context (PD Arrays), Narrative (Probable PD Array to be reached for next), Entries (1H/15m), and Risk (CBDR and levels in chart) With the period starting mid-week Oct 24, 2022 - Thursday Journal Define Weekly Range Profile with IPDA True Day Markers Done - IPDA True Day Lines Out of IPDA 60 Day Range, Price is in the bottom of a Discount range Guess for Weekly Range Profile - Classic Tue Low of Week Reason: Tues had a lower close, my hypothesis is that Price will make the high of the week aligned with the short term weekly high from Sep 12, 2022 Therefore if Price has not reached the target Premium PD Array by the London session, I aim to buy Orderblocks into the Sep 12 Weekly High before turning Bearish (FULL CONTEXT HYPOTHESIS) On 1H Chart, you can frame the target areas you want to trade from EOD Wednesday - End of NY PM Session ends the day on a higher high and the high of the week so far Thu Asian Session - Consolidation above the 1H OB from Oct 26th The 1H OB has been wicked twice in previous NY AM Session Price has created EQ Candle lows across Wed NY PM Session and Asian Session Thu London Session - Price moves aggressively into the 1H OB I know now that I am going to drop down to the 15m timeframe to look to execute an entry Huge Detail: WE ARE LOOKING FOR A LTF PD ARRAY TO FORM INSIDE THE 1H ORDERBLOCK TO VALIDATE ENTRY London Session continues to move down into the 1H OB Thu London Session EOD (5m/15m) Shortly after 5am Close, 5m and 15m chart shows MSS and creates 15m OB Looking for Entry on PD Array on 15m Timeframe (More Probable TF) 5m if refined entry NY Session AM (5m/15m) BIG NOTE: If News coming at 830a EST, move should happen after that - try to not Trade through 830a - that is GAMBLING, not Trading Depending on news being present, entry as the following Entry Price: Top of OB - 1.157 OB 50% Threshold - 1.156 No High Impact News/Events post 830a EST: 15m candle down close inside of 15m OB With High Impact News/Events post 830a EST: After 830a or whenever time the news is released (FOMC 2p EST) Entry in Case Study if condition is present: 845am Entry in Case Study if condition NOT present: 800am May just wait for 830a since it’s closer to NY AM Session Open? Important: What made this entry work? Price never closed under OB low after entering 15m OB Price showed 15m MSS (a 2 bar close under 15m OB is low proabability) William %R Divergence: Price making Lower Lows dropping into 15m OB and Higher Highs on William %R Exit Analysis: Original Price Target: Sept 12th Old Highs (4:1 RR) | Price: 1:174 Intermediate Target(s): Asian Session Bearish OB (1:1 RR) | Price: 1.162 (50% threshold) Result: Price failed to reach Original Price Target which makes sense as there did not seem to be high impact news present - with this we would aim for 1:1 or 2:1 moves using CBDR as reference for spread Move ended up reaching 1:1 RR aligned with 1H Bearish OB BREAKEVEN Thu IPDA Range Conclusion: Asian Session created Thu High NY Session AM Distribution leg created a lower high on 1H timeframe IPDA True Day closed in Discount area of the Wed 1H OB Midnight Price closed at EQ area of the Wed 1H OB With the period starting mid-week Oct 24, 2022 - Friday Journal Define Weekly Range Profile with IPDA True Day Markers Done - IPDA True Day Lines Guess for Weekly Range Profile - Classic Tue Low of Week Reason: Wed had a higher close and made the High of the Week around 1AM Thu before selling off and creating a lower high, my hypothesis is that Price will finish the week with a choppy day or lower close than Thu Therefore if Price has not reached the target Premium PD Array by the London session, I aim to buy Orderblocks into the Sep 12 Weekly High before turning Bearish (FULL CONTEXT HYPOTHESIS) On 1H Chart, you can frame the target areas you want to trade from EOD Thursday - End of NY PM Session ends with price Idenfied Wed FVG under the 1H OB that was mitigated Thu Marked 50% level of FVG Thu Asian Session Short Rally after closing below Thu NY Close then selling off later into day I know now that I am going to drop down to the 15m timeframe to look to execute an entry Fri London Session - Price moves aggressively down into the 1H FVG Huge Detail: WE ARE LOOKING FOR A LTF PD ARRAY TO FORM INSIDE THE 1H ORDERBLOCK TO VALIDATE ENTRY Price creates a 15m Breaker Block and 15m Bullish OB in London Fri London Session EOD (5m/15m) Price trades back into Breaker Block at 5am Entry Price: 1.152 NY Session AM (5m/15m) Price Trades to Thu NY Session close before print Bearish hammer candle and close below Thu NY Session close Intermediate Price Target As price moves into NY Session, adjust 15m OB to last unmitigated candle before 830a EST BIG NOTE: If News coming at 830a EST, move should happen after that - try to not Trade through 830a - that is GAMBLING, not Trading Depending on news being present, entry as the following Same with or without News: FVG nested Breaker Block retest 845am | Entry Price: 1.152 Important: What made this entry work? Breaker Block forming on 15m timeframe aligned with 15m OB inside of 1H FVG near EQ (Strong Probablity) Exit Analysis: Original Price Target: Fri Asian Session Highs (2:1 RR) | Price: 1:159 Intermediate Target(s): Thu NY Session Close (1:1 RR) | Price: 1.156 Result: 2 Trade Opportunities London Session 530a - 730a, 1:1 (Entry/Exit/RR) NY Session AM 845a - 1045a, 2:1 (Entry/Exit/RR) If held through 4p EST close, 2.75:1 RR (2x CBDR from entry) Fri IPDA Range Conclusion: Friday closes Higher than NY Session Low We do not count Sun price action independently Confirmed Weekly Profile - Classic Tue Low of Week Price seems to be close to discount than Premium range Traded inside of Wed Oct 26th candle on Thu/Fri
BINANCE:NEARUSD | NEAR: After retracing at 78.60% Fib level it has closed above 61.80% Fib level. Pitchfork is also acting really well as a support and resistance levels. If NEAR closes above 50% Fib level and Daily Anchored VWAP ($6.034) it has high probability to reach $9 target.
Phala recently partnered with ai16z, the AI agent framework, and they will launch version 2.0 of their network next year. The chart has held its bear market lows and looks okay. Though I would wait for a safer entry on the retest of the breakout in the green box.
On FOMC Daily Candle GBP 164 Pips (5adr 83 Pips)= 1,97 EUR 165 Pips (5ADR 60 Pips)= 2,75 JPY 150 Pips (5ADR 130 Pips)=1,15 After FOMC JPY didn't reach the right Pips in Wednesday but it made sense if combined WED+THU Daily candles GBP 227 Pips= 2,73 EUR 165 Pips= 2,75 JPY 442Pips = 3,4
There is some sellers interest into market This will bring some possible sells to the market Lets see what happens Best of Luck
The Canadian Dollar (CAD) presents a strong long opportunity against the Swiss Franc (CHF) heading into Q1 2025. Supported by higher interest rates (BoC at 3.25% vs. SNB at 1.75%), stronger GDP growth forecasts (1.8% for Canada vs. 1.3% for Switzerland), and rising commodity prices, CAD stands to benefit from global economic optimism. Additionally, Canada's reliance on oil exports aligns well with improving demand in global markets. However, risks remain, including potential oil price declines, a dovish pivot by the BoC, or heightened geopolitical uncertainty, which could favor the CHF as a safe-haven asset. We will look to monitor oil price trends, central bank communications, and global risk sentiment closely. Overall, the macroeconomic backdrop supports a bullish bias for CADCHF, offering an attractive long setup What’s your take on CADCHF? Share your thoughts below! ? #CADCHF #ForexTrading #MacroAnalysis #ForexStrategy #TradingView #CurrencyTrading #CanadianDollar #SwissFranc #TechnicalAnalysis #FundamentalAnalysis #FXTrading
I think this at least comes up for a dead cat bounce to the .618 fib
shared this last month, and with a breakout on most LTF and HTF’s, we shortly after invalidated and have moved towards some liquidity below. Upon switching to the monthly chart, we can see we have 6 days or so until it closes; so my theory is this: Taking into account the current patterns to 4k I’ve shared today, if not be surprised if we can close above on the monthly, confirming a successful breakout, still achieving our targets of 7.8k- as we disregard the LTF’s invalidation. Keen to see how this goes.
Gold is now stuck in a channel. I am expecting it to rise at least to 2630. From there, it could continue to rise towards 2650 or drop to 2600. We have to see the price action at that level.
Entered long on this symmetrical triangle two days ago, looks to be going for the Adam Eve neckline for the breakout, sending eth towards 3.9/4k. After we succsssfully reached the bull pennant target last month of 4.2k, we invalidated on LTF the huge inhs/ cup and handle. However, that being said, we have another opportunity. I will share the new HTF cup and handle I’m watching after this one. Merry christmas