Quick example of the OTE playing out with great confluence, Nice opportunity to snipe some pips from the market today and have risk on and off within 1 hour.
ICT concepts and OTE play out in the markets often and with great accuracy and results.
this trade had:
HTF in favour
POC sessions in favour
OB areas to be mitigated
Expectations based on extensive...
Let's check out on what EU has to offer us, I'm presently on short position of this pair though. I hope the analysis work out as predicted. The zone marked are important zone to watch out very closely. You can as well join the sell trend if the retracement holds and the trend keep moving as well.
We consider selling this EURUSD pair because of a strong resistance above. Our risk to reward ratio in this one is 6R. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
As EUR continues to trend downwards, check out this possible trade idea to enter a short if prices pushes upward towards resistance levels. Take a small risk of 60 pips for a Potential gain of 260 pips.
Only enter this trade after price rejects the resistance zone and right after the next 15 minute sell candle closes above!
Stop Loss: 1.18236
Take Profit 1 =...
Currently in EU Long. Retest of Asian liquidity in a 1 hour buy range. I missed 2 entries today. I didnt give up, I got partials taken on my first trade however it came back down and just stopped me out of this trade. I still had the same 1hr Bias long. Re-entered Taken Partials again at 8% at the high and left some on the table to run a bit higher. Trading day is...
EURUSD yesterday tested weekly resistance and formed a nice rejection candle on the 1hr timeframe (bearish engulfing) and the 4-hour timeframe. Used the Fibonacci extension tool to set my target at -27.2. I am cautious of the FOMC news to be released later today. TA is bearish. Lets see how this one goes!
1.) Price is in the monthly/weekly supply zone. Price has had trouble breaking this zone and I think price was just consolidating and gathering momentum to make a bearish push.
2.) Price formed a double top, after an uptrend. A double top formation at the end of an uptrend can signal a potential reversal.
3.) After forming a double top, price then broke the...
Hello traders, EUR/USD is trading at 1.2228. The pair is trading in resistance and support wedges in an upward channel and can break the support level to start a new down trend. If the price breaks the support level at 1.2202, it can start a new down trend and then its targets will be first target at 1.2164 and second target at 1.2121.
Follow proper risk...
Another Pair Showing Positive Signs For A Trend Reversal... EURUSD... Ideal Trade Shared With SL (Slightly Above Resistance) & TP (TP1$TP2 Indicated With The Dotted Lines)... You Can Alternatively Look For Yur Own Sell Setups....