Price struggled a strong break of Asia range high - Targeting sell side liquidity - Expecting a move down to 30min fvg
Once upon a time, in the bustling realm of the forex market, there existed a fierce battleground where bulls and bears clashed for supremacy over the EUR/USD pair. Our story unfolds on the 15-minute battlefield, where traders keenly observed the unfolding drama. As the sun rose on the trading day, vigilant traders scanned the charts for signs of opportunity....
Hello traders, At this price point, A lot of bullish pressure is building up and the tables have turned against the bears. Additionally, being a Wednesday which is a good day for reversals I expect the price to make new highs. Share your sentiments in the comment section below.
1. HTF IS BULLISH 2.Price created a breakout and retest so i am expecting price to go higher to form a higher high 3. After price formed support i entred on a bottom wick entry. Target is 25 pips RR is 1:1
Triple Bottom seems to be forming on FTSE100... Could it be showing signs that it wants to rally for the rest of the year? If so, we need to wait for the price to close above the neckline before acting. Other indicaators also show it's too early, but things can change. So we'll keep our eyes peeled. Price <200 (Bearish) 21>7 (Bearish) RSI<50 Target 8,280
Waiting for the arrival of Buyside Liquidity to be taken, then on the m1, look for displacement in the opposing direction (Short). Ideally, this would setup a Fair Value Gap when it displaces, which I will use for entry. Im overall short on NQ and anticipate that when the buyside is taken as liquidity (during London Session), it may also create the high of the...
USTECH has held a special place in my portfolio for quite some time due to its responsiveness to news related to tech giants. Additionally, economic news exerts significant influence on market trends. I'm of the opinion that there is still potential for the market to gather more liquidity and for orders to be established before any downward movement occurs. Thus,...
this is just a follow up post on this initially called EG set up. Price decided to respect the zone, I've placed my breakeven appropriately . initial setup attached.
price seems to have respected a key demand zone , buyers may take over the market to the upside .
i can see price pumping up to meet the nearest significant supply zone, be the bears can dominate the market.
AUD has been oversold in the past three weeks. i was able to ride the downtrend . bulls are now slowly taking dominance
price may retest the supply zone highlighted before letting the bears to take control of the direction
Clean EUR/USD Short on London Open. 15m downtrend with break of structure and grab of liquidity taking out the high while also retesting on the supply. Aiming for 1 to 3 as always and managing risk accordingly (moving sl to BE once we break structure again). Good Luck traders!
potential buy on the euro , since price is at a key demand zone
Gold overbought throughout the week at the same pace that the dollar index had been oversold. Next week if gold respects the current supply zone. I will maintain a bearish bias for the week. during that week's market open, price is likely to retest the key supply zone multiple times, I'll be looking out for price to respect the zone or breakout. patience will be...
Power of 3 at work on Gold producing a 8.6RR move on 30/06/2023 FOREXCOM:XAUUSD AMD: A: Accumulation M: Manipulation D: Distribution Accumulation : Price range during Asian session, accumulating liquidity on both sides of long and shorts. Manipulation : Price broke the low of the accumulation during London session to take out sell side liquidity...