Snick3rSD

Snick3rSD

➡️ A successful Wyckoff analyst must be able to anticipate and correctly judge the direction and magnitude of the move out of a TR. Fortunately, Wyckoff offers time-tested guidelines for identifying and delineating the phases and events within a TR, which, in turn, provide the basis for estimating price targets in the subsequent trend. These concepts are...

Snick3rSD

➡️ Technical indicators are mathematical tools that analyse one of the five following figures: open price, high, low, closing price and volume. As a result of the calculation, technical indicators are plotted graphically as chart patterns. Sometimes they overlay the price chart and sometimes they are drawn in a separate window. There are literally thousands of...

Snick3rSD

Here we have a rejection from the OB (order block) D1 + important level of 14000, also the price took the liquidity above PWH (previous weekly high), I expect here a new low.

Snick3rSD

A great opportunity of short position as the price rejected from the OB (order block) H4 + important level of 14500, also the price took the liquidity above PWH (previous weekly high).

Snick3rSD

Here the price rejected from the OB (order block) D1+took the liquidity below PWL (previous weekly low), I expect the price to make a new high, around the level of 135.00

Snick3rSD

Here we have an intraday position, as confirmation we have SH+BMS+RTO strategy, the price took the liquidity above AH (Asian High), broke the structure and returned to OB (order block).

Snick3rSD

Here we have a good opportunity of a long position, as price took the liquidity from the PWL (previous weekly low) and PDL (previous daily low), as well the price rejected from the important level of 13000.

Snick3rSD

Here we have the same pattern as on AUDUSD, the price rejects from the OB (order block) H4+institutional level 0.92000, also the liquidity below PWL (previous weekly low) and PDL (previous daily low) was taken.

Snick3rSD

As I said in weekly analysis I expected the price to react from that zone (OB H4+0.72000 level), also the price took the liquidity below PDL (previous daily low).

Snick3rSD

As I said in my weekly analysis I was looking for a confirmation, so I opened a long position in the morning. I expect the price to take the liquidity above the PWH (previous weekly high), but I will secure the trade during the FOMC Statement.

Snick3rSD

As we all know in addition to the technical analysis, we also have the fundamental analysis that is very important in our success as a trader. ➡️ Fundamental analysis is about looking at the intrinsic value of an investment, its application in forex entails looking at the economic conditions that affect the valuation of a nation's currency. Here we look at some...

Snick3rSD

Now the price is in the OB (order block) H4 + institutional level 1.09000, if the price confirms on a LTF (lower timeframe) I will open a long position, but I will look to secure my position on Wednesday when we have the FOMC Statement.

Snick3rSD

Here I expect a long position if the price tooks the liquidity below PWL (previous weekly low) and PDL (previous daily low) + closes the imbalance + reacts from the OB (order block) D1.

Snick3rSD

As on AUDUSD here I expect a long position from the OB (order block) H4 and institutional level 0.92000, as well the price to take the liquidity below PWL (previous weekly low) and PDL (previous daily low).

Snick3rSD

Here I expect the price to take all the liquidity from old highs and PWH (previous weekly high), also to reject from the OB (orderblock) D1 and institutional level of 0.94000.

Snick3rSD

Here I expect a down move before the price will go higher, I am waiting for a long position if the price closes the imbalance and reacts from the OB (order block) H4+insitutional level 0.72000.

Snick3rSD

Here we have a great example of SH+BMS+RTO strategy, also the price took the liquidity below PDL (previous daily low), so I expect the price to go higher.

Snick3rSD

A swing short position as the price reacts from the OB (order block) D1+price took the liquidity above PWH (previous weekly high) and PDH (previous daily high)+closed imbalance D1.