EUR/USD Short on London open manipulation into the most premium supply zone. Target is 50% of the swing, stops will be moved to BE after 15m break of structure.
King W. Harbmayg's Journal Entry#13
Primary— “High & Low Approach”
Day Trade
1. Thesis:
Long
Short
2. Performance: (1 out of 5)
Confidence— 4
Discipline— 4
Communication— 4
Target achieved on the previous position, now we risk it for the biscuit and we go short in line with the overall structure after the reaction on this supply zone.
Currently I'm just waiting for us500 to rise up to 4005 which is my liquidity area for it to then drop down to the 3960 area taking out multiple traders along the way.
Break and re-test sellers ruined.
Breakout buyers ruined.
That is enough liquidity to now create the next leg to either the upside or the downside.
I believe the next leg will be to the upside as projected.
Bias: Short
Market Cycle: 2
Shorts only on this pair, yesterday was around 80% of an ADR move, so I classify the last 2 days as push 1 & 2..
Both the last 2 drops have been 200 pips so I would expect at least another 150-200 for the 3rd and final push..
160.82 is My 1h level to look for shorts. If we get above that I think we may push higher and maybe...
Update on the previous chart! Price fell rapidly on our targets. Now it's on the daily bullish orderblock. If I see a reaction I will post a Bullish idea
Until them have a nice day!
a trade im currently in. im not stops at break even yet, so i may get taken out. aware there is big news events later like fomc so wi ownt be holding through that.
hi everyone ,
in this idea 💡 i am going to share some trading idea with trend analysis and volume anaysis. so lets begin.
as i start earlier btc dominence market cap at resistance leve and possibly market cap of btc is going to down so we have to stay bearish in this market for some week.
eth is also at their resistance level and if eth will make any billish...
