We've broken market structure on the daily timeframe and now retesting the BMS, thus the buy at current market price. It is also possible to see a retracement to the market zone which will give us buys at a discount
This trade was based of higher TF structure and order flow bullish, we returned to a Daily order block and started to forming liquidity grabs. Entry was based of 5 min price action with an 11 pip stop and potential 376 pip target, partials will be taken at areas of supply marked up
🙋♂️ Hello Community!
This idea is intended for lovers and fans of Keppler John and Market Profile methods such as Gaussian curve, Value Area, Auction Theory, etc.
📚Everything important is to be seen inside the idea, but I will add a description of other terms that will come in handy.
The ask is the price at which sellers are willing to sell in an...
Strong Bearish Signal:
The price resumed a confident fall and now is testing the lower limit of the local consolidation. Besides it, the current global situation puts a pressure on the price.
We need to allocate the level of support/local minimum 21.60, which is being tested now.
This indicator shows that 72% retails traders are in...
Strong Bullish Signal:
We need to allocate the presence of the strong local uptrend with the Yen. Moreover, the current demand for a "safe haven" instruments only supports further continuation of this tendency.
We need to allocated an important level of resistance/local maximum 111.46. It contains the large volume + has been tested a couple of...
$USDJPY made excess high on 30th Oct, which indicate a liquidation. I am little bit late on this but to turn this pair to much deeper, we need to see new seller while USDollar Index is weakening. Otherwise the Pair will loose momentum for bearish move.
$JPY is the weakest currency among the major forex pair, let see if there is more buying on JPY , which is...
$GBPUSD can be forming an aggressive accumulation. if $DXY continue for bearish move, it will help the Cable to turn higher quickly . 1.2200 still my key level, if this turn to be LPS , then Cable still consider forming an aggressive accumulation.
Strong Bullish Signal:
The price resumed rising after trading inside the local consolidation. Hence, we may state that the uptrend is going on. Besides it, the move was on the increased volume and large positive delta, so that we may assume that the smart money pushed the price up.
We need to allocated an important level of support 0.6852, which...