Watching the level between 1.0460 and 1.0445 for a potential bounce, If we trade through that level we could get a trade back to it and offer a sell to take out the 1.0340 level. I'm Also watching the 1.0571 - 1.0544 if we trade back to it we might get a selling opportunity to take out the 1.0340 level.
DXY still bullish and expecting price to hit 103 in the coming weeks. So all bullish Dollar on Majors.
EURUSD – SPOT: Selling On A Breakdown Below The Inside Bar Pattern Price Action: Price formed a Bearish Inside Bar Pattern just under the 1.1120 – 1.1284 short-term resistance area, overnight. Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Bearish Inside Bar Pattern, whilst price remains below the...
EURUSD has created higher-high and now looking for a higher-low. Will the support at 1.12500 level be strong enough to cause the pair to be rejected? N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Looking at a potential double top pattern at previous structure. Despite ECB being surprisingly hawkish the US Fed still have a long way to catch up on hiking, and all insto traders know this. Technically clean, selling the previous high levels. Targeting the 127% fibo extension.
EUR/USD is in a long term bear market despite last weeks rally. We have already seen the immediate bullish structure break at the previous resistance, and the RSI retracement has issued a large sell signal. We're looking for the EUR/USD to print fresh yearly lows and move closer towards parity.
Looking over the daily on EURUSD, I noticed that it appears the ICT concept of the market maker buy sell model has been completed, This is something I need to revisit so that I can utilise better in my analysis however, From what I remember it would appear that all stages have been completed, Including the final "break of structure initial consolidation" stage....
It might be slow, but steady move... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
when you are back testing, Make sure you are actually seeing what you are doing, its so important to look for things that you aren't necessarily trying to see, For example, I spend way more time studying my losses during a back test so that I can try to identify something that may have saved me from pulling the trigger. but in this instance, Something I have...
EURUSD looks set for a short move to the upside as price now creating H-H and H-L. With this, EURUSD pair could possibly rally to 1.14500. However, longer time frame sentiment remains bearish.. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
here we go again another ICT OTE in the NY session. I know the charts a bit messy so lets simplify. 1. Order block is in higher TF structure GREEN BOX 2. we are working against a HTF trend (pushing up when the Daily and 4 hour bias is down) 3. We are at extensions of the Sunday range, (price is looking for that sell high discount) 4. price shows us it has the...
Hi all, Just wanted to give another example, This one is one of the first that popped up while I sat down to back test today. one of the reasons why this is such a strong example of how perfectly the OTE plays out is, the Sunday range is tested perfectly. The Sunday range is set at the beginning of market open, Sundays open price is created, We move into...
EURUSD is trending to the downside today prior to the EUR Sextix Investor Confidence data which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has pulled back into structural resistance, and the trendline resistance lies just above. We anticipate downside into...
EUR/USD has made a retracement from recent lows prior to the USD Redbook Index data, which is a sales weighted index of over 9,000 stores. Technically the pair has made a retracement into structural resistance, and we have 3 bearish candles close on the 1h chart, a bearish confirmation pattern.
EURUSD is trending to the upside prior to the USD Redbook Index, which is a sales weighted growth index of over 9,000+ retail stores. Technically the pair has just broken a resistance trendline and we anticipate a continued push to the downside into the 1.1580.
EURUSD descending channel has lost steam, reflected in the ADX dropping and RSI divergence!
EURUSD is in a widening wedge pattern prior to the EUR Industrial Production data this evening, which measures the the volume of production of Industries such as factories and manufacturing. Technically the pair bounced from support two days ago, and we've seen daily candles form higher highs, despite closing down. The bearish widening wedge pattern is typically a...