we are going for mark up phase as every mark down phase last for ~18-21 days are we have completed 18 days, be careful as a lot of people are watching this trend line so we might get a stophunt. Typical accumulation phase of GPBUSD these days last of 2-3 days only so we will be getting very less time to build our position. more confluence USDJPY is going for mark...
possible scenario according to me on USDJPY- we have touched RWL (lowest point which the price can travel through the week) which was the level 1 drop of 1/4 hours cycle, + with this current continues drop a lot of retail traders fomo in to short and definitely MM have to shake out them before going for level 2 & 3 so they used todays news for this purpose as mm...
confluence - RWH touched of previous week , and consolidated/distributed for like 1 week straight, mark down divergence in (4 hours TF and daily TF!!) , got a big stop hunt in us brinks - Thursday (second leg of the M) , a lot of 4 hours stopping volume coming at the top , broke this M pattern and touched the RDL (mean we have completed level 1 of this M pattern...
we have completed 3 levels to the upside and made a big M pattern currently at level 1 we might get a retrace to 1 hour 50 ema then level 2 and 3
from here we might get a retrace to 1 hour 50 ema and if from there we continue up we will be going for level 3 to the upside but if we touch it and come straight down we will be breaking previous W pattern level 2 low and we will be starting new mark down phase with level 2 of M formation
broke out M pattern of 1 hour cycle exactly as projection we have reset the 1 hour cycle and we are in mark down phase now, biggest confluence - we didnt break previous high in previous mark up phase of 15 min cycle level 3 ended inside that consolidation (distribution) and went straight to mark down phase (15 min) which broke this 1 hour M pattern cycle again...
USDJPY) completed 4 hours cycle and 1 hour cycle, breakout of 1 hour cycle , divergence in 4 hours , M formation in JPY pairs, stopping volume, 3x ADR, RWL touched, BIG M pattern , stop hunt done type 2 london pattern. USDJPY dropping , gold going for level 3 , AUDUSD big W formation playing out it just looks very perfect and the best thing is that we have formed...
XAUUSD might reverse from here and go for level 2 of 15 min cycle, which will continue with level 3 of 1 hour cycle
EURUSD broke HOD, and now going for level 2 of 1 hour cycle with 3 levels of 15 min cycle (we are currently at level 2 and might get a retrace then level 3 (15 min cycle)) + market maker is accumulation for a long time and today's stop hunt low with type 1 london pattern was a easy trade
every time we make a new level of 1 hour cycle we always make it with 3 level of 15 min cycle but since there was no 15 min cycle in that spike therefore we cannot say that it was level 2. we actually got clear 3 levels with this recent pump and we have already completed retrace of 1 hour level 2 cycle or (15 min 3 levels cycle) and we didn't break lvl 1 low (1h...
W pattern forming (Potential 15 min mark up cycle for level 2 of 1 hour cycle) we already got 3 levels of that previous M pattern that I projected not its time for level 2 God is anyone watching the level of accuracy of EURUSD projections?
EURUSD projection UPDATE - we have completed 1 cycle of 15 min or 1 level of 1 hour cycle (now going to 15 min 2-3 levels to the downside) which will be the retrace level 1 of 1 hour cycle then continuation to the upside for level 2 (1 hour)
USDJPY - formed a M pattern (at Wednesday (mid week rev.)) + good stop hunt rise in the second leg + at the peak of each leg we got NY reversal + reached 3x ADR (RWL) + Stopping volume in 4 hours at both legs + BIG divergence in 4 hours + pairs against USD are forming W at 1 hour for 1 hour mark up phase + potential target - dont forget about 4 hours W we might go...
1 hour cycle W = 1 mark up phase + 1 mark down phase of 15 min cycles so according to 15 min cycle (3 days drop mon tues early wed) then reversal at W then we will get mark up phase in 15 min which will break 1 hour W for mark up phase in 1 hours and we got 3 drop and today is Wednesday! so according to the 1 H and 15 min cycles this is the last lvl 3 drop and...
EU pairs are looking very promising for giving a mark up phase maybe we might a retrace to 4 hours 200 ema
already got 3 levels to the downside and looking for break of 1 hour 50 ema for 3 levels to the upside (KEEP IN MIND THAT IF PREVIOUS LOW DIDNT HOLD WE WILL SEE SOME LOWER PRICE!!!)
we have got 3 levels to the downside now looking for mark up phase
we have got level 1 with the retrace now its time for level 1 with W formation