As most people are looking for eurusd to make a turn back down we keep seeing it rally up not knowing when it will stop but i have an idea of where and thats what i'm gonna share with you today,
as you can see on the chart looking at it on the daily we have equal highs wich are attracting price to that supply zone, maybe once they are out we'll be able to start...
Hi, price has continued to create LH (Green dot)
if price backtests OB+ which is also FIBO 38-50
could observe if bullish signal appears or has enough bullish momentum,
if does could consider it's a long entry price range,
as seen on chart, price backtested FIBO 38 and still has valid support so set SL here,
TP at Fibo 78.6 which is also the upper edge of...
HTF - Bearish
LTF is accumulating liquidity
if price backtests OB- ( the lower supply zone )
(As long as it does not break through the 12/20 upper wick, the supply zone is still valid, and if it breaks through, it may backtest the upper supply zone)
If there is a short selling signal appearing within OB- (lower one), can consider placing order.
Entry ragne, SL,...
eurusd is looking long due to liquidity sweep on 2hr followed by BOS as well.
I've also marked out wick zone incase of another liquidity sweep as I feel will also happen but I will be taking trade on 1st OB as well.
Looking around on this past entry that I have
analysed back then. POV: The analisys was right
but I didin't took the entry.
So first of all we were looking for possibles sells
entry's on the Distribution structure formed, at
the the end of September to October. Continuing
with the market direction we see that price broke
structure to the low and created a...
A strong movement price action occurred downward. Now looking forward to a down trend on the H1 time frame. The entry is at the H1 OB which is confluent with the potential filling of the FVG. SL is above the OB & EQ, and the TP is yet to decide.
Possible EU short...
+ 15 Min. H/L range
+ Tap of supply zone to the left (need re-test to confirm)
+ Asia session sitting below
+ Internal range liquidity areas need to be grabbed ---IRL--- (buys need to be taken out)
+ Trendline liquidity sitting below ---x---
I'm back after a while, again with the EUR USD pair.
We can see some form of consolidation and indecision with the current price movement.
I marked interesting areas of supply and demand. But me, personaly i would only consider SHORT positions due to overall market bearishness and ofcourse the strenght of the dollar index (even if it doesn't reflect the real...
OB once enters zone boom long nice 40% & im out. havent been posting my analyis latley becuse more focused on my trading. i moved to forex because my ftx is being annoying and keeps asking me for utility bills ect and ive already sent them but it cant read them i guess i dont know but im doing forex thanks fxpro and metatrader for not being annoying like ftx
Scale down to the one-minute TF to see my mark up more clearly. My reasons for going short on GU are...
+ Bearish trend overall
+Double bottoms, money sitting down below. People in long positions need to be taken out
+Voids below session low
+Asia session below void was not filled 100%
Going to wait for a BOS once we get a tap of void on 1M before entering,...
Took this drop on the open and closed out at 200 pips. Was looking for a cleaner entry on the buy. Was looking for a sell to buy off of a 1H imbalance.
I was wrong and I was looking at the LTFs a bit too much but still got out in profits.