FX:GBPUSD
Price broke below 1.26229 daily support breaking bullish structure. Price made a pullback and retested as resistance around the resistance area of interest with a bearish engulfing candlestick being my entry confirmation. Take note, today is a fundamental day thus low risk should be used to avoid big losses in case price goes against my bearish bias...
Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
This session applied Market Maker Buy Model (MMBM) by ICT
The setup was there but it didnt come back to the FVG.
I missed the entry
but the MMBM works.
Please scroll to 14:00 for the setup.
I forgot that I was recording.
If you like the video and agree with the idea please give this post a like and follow for more.
Trade responsibly, remember, this is an idea and not any more of financial advice...
Based on timeframe analysis, this a intraday short trade centered around :
Break of Structure on the H4, H1 and M15
Test of a strong daily resistance level
Bearish engulfing candlesticks showing a change in trend momentum
Retest of the break of structure before continuation of new trend
I also showed my projected stop loss and take profit areas. Be...
