Prices just broke out of structure, looking for lower areas to be met. We can potentially catch a BUY up into the Supply zone, liquidating the EQH then SELL at Supply zone for the last demand area to catch BUYS higher.
Placed sell entry on an unmitigated order block from a Wyckoff distribution schematic. Found the candle I wanted to work off and measured 50%-80% of most bodied bull candle before the big sell off candle, hence the blue horizontal rays. Stop loss on the 80% and entry point on the 50%. Market tapped entry perfectly while risking 3.2 pips for a 42:1 ratio run down...
Potential areas to be BULLISH onto USD*** pairs and vice-versa.
I've annotated my charts for your convenience. Enjoy!
Trendline liquidity waiting to be met, potential pullback onto demand zone before moving upside.
Currently, we have had a strong impulse followed by a slow retracement. The Impulse took out a major Low, showing Sign of Weakness (SoW) as the level couldn't hold. We also have an M - which is a bearish pattern where we can expect a bearish reaction at the mitigation block (MB). Additionally, the market is in an Optimal Trade Entry (OTE), where we can expect...
Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing signs...
We could SELL to BUY, ultimately BUY-SIDE bias to catch a LONG position at lower prices, targeting the liquidity trendline for an upside move towards the supply zone.
Waiting for prices to move into our supply zone, give us a shift before taking sells.
We are currently inside a Discount Area, above a weekly bullish Orderblock and a daily Mitigation Block. A retracement should happen and it should test the mitigation block or Deeper into the Weekly bullish Orderblock. Targeting the Bearish Breaker (Our first PD Array), or the Weekly Orderblock area into Equilibrium. We also have a Liquidity Void (imbalance) to be...
We are waiting for prices to give us a break out of structure, leaving behind demand zones to get involved.
Waiting for prices to move into the supply zone, give us a shift in structure before taking SELLS.
Saw this chart and it looks good for sells if we can get a pullback. Optimum price: 88.290
Prices are looking to clear equal highs, tapping into the supply zone, giving us a UTAD (Up thrust after distribution), and potentially shift.
Waiting for prices to break equal highs, test the supply zone, give us a shift from SH>WH before a sell-side move.
Prices are in our H1 supply zone, made a secondary push phase creating a new high within our supply, liquidating previous swing high. With this, we are looking for a clean breakdown of structure for potential sells onto unmitigated areas.
Prices broke out of structure, tapped onto our demand zone and now looking for a secondary BOS for a shift in structure to take prices higher.
Prices tapped into a H4 demand zone, gave us a minor BOS and now we can look for unmitigated areas on the LTF to catch buys.