MONTHLY Sell stops have been taken so we can expect higher prices now WEEKLY With previous week's rejection to the upside we want to see a bullish weekly close this week But the bias on the weekly is bearish DAILY The daily can relate to the weekly.. looking for the same this here H4 We have a break in market structure on this timeframe Price is trading...
This looks to be a breaker block formation on the 4H. Profit target is a prior resistance level. There is a likely a demand zone just below the breaker so that needs to be accounted for.
*SMT = Smart Money Theory = everything you think that is not retail related to trading. SMT does not believe in triangles, wedges, tendlines, channels, harmonics, etc. First is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The second thing to remember is price will move toward Liquidity and...
***SMT = Smart Money Technique = the lck of believe and use of retail theory strategies. It is an algorithm that seeks liquidity and balance. We doon't trade off trndlines, no do we follow channels, or harminics, or belive in supply and demand. There's al Algorrithm nd the Candles givee you the keys. per ICT. And I could be extremely off for this. AAAlright so...
As I have EURUSD pretty mapped out if you've been following my ideas, I'm, just giving an update. I sold the breaker at 1.18260 as a breaker is usually an indicator to sell.My stop loss is only 4 pips because it got pretty high above the breaker before I sold. And we need a pull back before moving forward to the next bearish order block which will be the next big...
In my previous post of SNGLS with Bitcoin pair we have seen that on 4 day based chart the SNGLS formed bullish Gartley pattern and as per prediction the priceline took a powerful bullish divergence from buying zone and produced more than 100% profit. Formation of new Cypher pattern: Now again on midterm 2 day chart the price action of SNGLS has formed bullish...
price falling into its 52 week low /falling into a weekly breaker /also falling into monthly demand /expecting price to move fast /will close on a close below monthly demand
H4 levels in updates below! Analysis - Daily bearish engulf / breaker formed in this week's dump Daily S/R level that's also previous range high Oscillators should probably ready for another selloff if we get to 6600s Ideal entry - Personally looking to short range high Stop - Above 6800 setup fails, so go figure. Targets - Range EQ ...