There is a daily and 4H bullish order block at 104.14 and since DXY has been dropping, the order block might induce a retracement to fill the daily volume imbalance between 105.70 and 105.84 which would be a safe zone to take your profits if the setup plays out as explained. Price might also decide to climb higher to fill the fair value gap between 106.08 and...
DXY will most likely retrace upwards to cover a volume imbalance and that's why I think that NZDUSD will drop to also fill a volume imbalance but after first taking out the liquidity resting above the line XX. The setup offers up to 1:5 R:R if it plays out. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT.
Nasdaq is teasing to sell and at the same time creating multiple lows where many retail buy stop losses may exist. So I'm thinking that it might tap into the below zone then buy from there to the current highs. This setup gives up to 1:3 R:R. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT
Both TPs hit and minimal drawdown on entry. We will now start looking for possible areas of liquidity supply to go short
Shared the setup yesterday. So far so good with zero drawdown on entry
A look at daily and 4H shows a long bearish engulfing which is one of the best and most reliable price momentum indicators. This shows that there is a willingness for price to continue bearish. Since price didn't break below the 4H lows at 33630, a retracement is necessary in order for smart money to sell at a premium. Now there is usually a liquidity zone within...
My thoughts on gold price action. R:R = 1:2. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. ALWAYS APPLY PROPER RISK MANAGEMENT
NZDUSD shows some bearish momentum on 2H and 4H so I think it'll continue to drop at least within the earlier described consolidation range. My setup provides an entry on a 5min OB with a 1:1.2 R:R. NOTE: ALWAYS APPLY PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY
If you took my setup on NZDUSD 2H bullish reentry please exit. Price obeyed my entry zone on 15M but it does not show any bullish momentum at that price zone so it'll most likely drop to go buy at a discount
Had posted this setup earlier but SL was hit though I had moved my SL lower. Still watching price action so that I can decide whether to close or hold
NZDUSD still shows bullish momentum and has broken structure upwards on low timeframes. I believe that it has entered a consolidation range between 6288 and 6154 that we might take advantage of. My setup provides a 1:2 R:R bullish re-entry. NOTE: THIS SETUP DOES NOT GUARANTEE PRICE MOVEMENT. USE PROPER RISK MANAGEMENT
From the setup I shared yesterday, Nasdaq obeyed our order block but price hasn't showed any bullish momentum. However, It has broken low time frame structure and created a new order block on 1H that we might use to take our buy chances. The setup holds up to 1:3 risk:reward. NOTE: PLEASE USE PROPER RISK MANAGEMENT AND NEVER RISK MORE THAN 2-4% OF YOUR EQUITY
Shared the setup yesterday. TP1 was already hit. Let's see how it'll play out. You can close or secure profits with SL if you intend to continue holding.
Shared this gold setup yesterday and price obeyed the 4H order block to rally up. TP1 was realized. NOTE: ALWAYS APPLY PROPER RISK MANAGEMENT
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . ZYDUSLIFE is in uptrend on daily level and in 15 min it has made Ascending triangle pattern. now on breakout it could move upside. Thank You !
Hi there, So many were calling for shorts and few were calling longs but in real what's gonna happen ? Well my answer no we can't say the least we can do is predict the possibility of happening but we can't sure it's gonna happen. So without any confirmations in price actions of the assets never take a trade based on the predetermined decisions, one must able to...
We have a good amount of fundamentals coming this week ! We may see the dollar go back to its bullish ways since the saga on the federal rate hike is not over. Breaking down this analysis for educational purpose we can see a very clean bullish trend. Currently we did get a midsession reversal during the London session which could see us up for some buy...
Intraday short, asian manipulation, BOS, 1:4 RR ratio. Volumes shift candle confimation. 1% risk as always, good luck