GoodTradeST

GoodTradeST

Hello Traders! This is my perspective related to NZDUSD on the H1/H4/D1 chart. I saw a strong resistance level of 0.60500, the point where I will look for a LONG TRADE ENTRY, in case of confirmation. Keep in touch! 😉

GoodTradeST

Recognizing the liquidity range in a market involves assessing factors that indicate the ease of buying or selling a financial instrument without causing significant price changes. 📊 Retail traders are taught to buy at support and sell at resistance. This will generate a large amount of liquidity above and below these areas in the market. 🧠

GoodTradeST

Hello Traders! A short update for GBP/USD H1, As you can see, this trade goes according to the plan, I expect a reaction from 1.23800 as it is a very interesting resistance level. If it passes 1.24800, I consider it a good decision to move the trade to the breakeven point (meaning on 0 profit), to secure our transaction.

GoodTradeST

Hello Traders! As you can see, level 38500 is very interesting at the moment. I expect a decrease until 38500, if the strategy will be respected, I will execute a long trade! ✅

GoodTradeST

Hello Traders! As we can see, EUR/GBP is still in range. In this case, I will wait for the trend to hit and react from one of the mentioned Oreder Blocks, and in that case, I will look for a short entry. As Tudor Jones said, "While the markets are ever-changing, the successful trader remains adaptable". So, adapting your strategy according to the market is not a...

GoodTradeST

Hello Traders! This image shows exactly how we can recognize a valid Bullish Order Block on an ascending chart, and how it accumulates liquidity (sometimes, liquidity can share false trade entry signals). Moreover, it indicates very well where is the best position to enter into the trade.

GoodTradeST

Hello Traders! This image shows exactly how we can recognize a valid bearish order block on a descending chart, and how it accumulates liquidity (sometimes, liquidity can share false trade entry signals). Moreover, it indicates very well where is the best position to enter into the trade.

GoodTradeST

Hello traders! Currently, I'm looking for a short opportunity for USD/JPY H4 from this order block. A very interesting movement we saw last week, I expect a reaction from that OB in order to enter into a short trade. I will come up with updates this week related to this chart.

GoodTradeST

Hello Traders! The EUR/GBP on H1 is currently in a rage. I expect a very strong move to the levels of 0.86000 and 0.863000, two good order blocks, and one liquidity gap that I expect will be taken. Following carefully this chart, and looking for a long opportunity.

GoodTradeST

Hello traders! This is my view related to the future GOLD progression on a longer timeframe. A very interesting resistance level, I expect that the chart will react from this level and after that, as a target, I see the above order block. I'll be back with updates.

GoodTradeST

Hello Traders! For NASDAQ I will follow these two scenarios to understand which direction is it moving towards. The first scenario, and the most probable, it will react from the created OB. The second scenario, the bullish will try to hit the ATH, a very strong resistance level towards which it heads to. I will watch carefully for the trade entry position.

GoodTradeST

Key Strategies for Recognizing and Utilizing These Formations: Multiple Time Frame Analysis ✅ Volume Analysis ✅ Price Action Patterns ✅ Confirmation Indicators ✅ Risk Management: ✅

GoodTradeST

Imbalance penetrated ✅ Descendant Chart ✅ A strong resistance level at 89.800 ✅

GoodTradeST

Imbalance: Imbalance occurs when there is a significant difference between buying and selling activity in the market. This can be visually observed on a price chart as a sudden, sharp move in one direction, creating an imbalance between supply and demand. Traders often look for imbalances as potential reversal points, as they suggest a shift in market...

GoodTradeST

A very good opportunity to enter short in this trade. EmA indicator confirms that the bullish is weak and the bearish is strong. We have a descendant chart and a rejection from 1H Order Block (OB). Also, we have liquidity below (as another good argument). Waiting for a short confirmation to enter into trade.

GoodTradeST

Analyzing a short trade opportunity for GBP/USD A very well confirmed Order Block + descending axis are 2 arguments to enter in this trade.