hello everyone! We can see that banks are in drawdown since they sold before buying. This means they need to mitigate their positions moving the price at least to 50% of the last bearish candle before the reversal. I will only enter the trade long if this happens
Hello everyone! This chart has recently shown 3 equal patterns, the price goes straight up and then retraces down in order to take retail sellers/buyers liquidity (money). We can identify 2 majors are where the price could reach during next week
Have we trapped enough retailers to sell this Bull market? If yes, then buy now and, if not then lets pullback down a bit more to trap more sellers and then make new highs. Cheers!
There is always something about some price and Thats why the prices tend to narrate their story- a story where each price differentiates from the previous one. The same was about the strong reaction on 10th Feb in last few minutes. Banknifty recovered 500 points to close above the support point which has been tested multiple time. Based on the fact we deduce three...
Hello traders! Eur/Usd has shown an up-trend movement recently, but we do have liquidity zones beneath the current price action. This is why I highlighted 2 possible scenarios… Personally I am planning to enter long, but I do need confirmations before placing my entry. As take profit we are targeting one of the previous highs, where sellers’ stop loss is...
Hello traders! This is my view on GBPUSD. Since we still have major areas of liquidity pirce might reach toward them zones before continuing it's up-trend.
IBM looks really strong to buy after testing HTF Demand. D1 demand already played out now we can use all fresh levels on H4 H1. Goof luck
3500+ Points Range for the banknifty to trade for the budget volatility .
We can expect a calm expiry however any possibility cannot be ruled out. But probabilistically we expect a range bound expiry for tomorrow .
This stock is a longterm hold (years) always trends up, good dividend stock, it's looking for a higher breakout for all time highs. Also check out XFN for Canadian bank etf. Financials will see higher prices.
STILL HOLD MY SHORT BIAS ALTHOUGH WASNT AS MUCH CONVICTION AS ID LIKE TO SEE OFF THE MOVE YESTERDAY, A FINAL TEST OF THE HIGHS BEFORE A SELLL OFF WOULDNT SURPRISE ME SO ILL BE LOOKING FOR THAT SWEEPING REJECTION WITH RSI DIV
SWEPT LIQUIDITY FROM HIGHS, POTENTIAL SHORT FILLING IMBALANCES AND MITIGATING ORDER BLOCKS... RALLIED FRO YESTERDAYS LONG ON EURUSD DESCENDING CHANNEL, FOLLOWING DAILY DESCENDING CHANNEL WITH WYCKOFF DISTRIBUTION AT THE TOP OF THE CHANNEL, FOLLOWED DOWN BY TREND FOLLOWING MARKDOWN TECHNIQUE
3 WAYS OF ENTERING, ID LIKE TO SEE A NICER SPRING WITH DIVERGENCE ON THYE RSI TAKING OUT THE IMBALANCE AND LOW-LEVEL ORDER BLOCKS, PERFERABLELY SWEEPING STR TOO
NOT AS HIGH PROBABILITY FOR ME NOW AS UTAD DIDNT SWEEP THE HIGHS WITH RSI DIVERGENCE THATS AN IDEAL SHORT FOR ME FOLLOWING DOWN WITH A HIGH MOMENTUM MARKDOWN TREND CONTINUATION TECHNIQUE
DIDNT POST THIS MORNING FOR SOME REASON.. APOLOGIES GER30 SHORT FROM SWEEP OF HIGHS, RSI DIVERGENCE SND REJECTION FROM THAT ZONE. POTENTIALLY TAKING OUT IMBALANCES, OUTSIDE STRUCTURE AND MITIGATING ORDER BLOCKS ON THE WAY DOWN.