The daily uptrend is pretty well established and price broke above a pretty clean resistance area and then tested the trend line with good rejection. Price broke the prev daily high and closed above the last down candles EQ (50% rea) with what appears to be possible buying Risk is 1%
Target hit from last trade short from last posted vid. Now let's see if we can get more downside action.
In this vid I point out that we could see a breach of the most relevant low at some point, which is quite near the 62% retracement area of the larger timeframe parent structure. It's interesting that the low and the 62% area are about 20 pips apart, which seem to meet the pip grade concept that ICT so eloquently fleshed out.
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...
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 to 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...
Took trade off daily chart as price came down below the inside bar cluster with clear rejection and a curvy bottom. The H4 also produced a second retest with a higher low and clean rejection. Aiming for internal high and a partial take profit at next highs - risk a little over 1%. Stop below newest inside bar low.
As I like to trade from the daily and h4, getting a decent long and short all in the same week isn't always the case. The price action has been interesting on GA this week
Price is contending with the a group of weekly down candles and its 50% area. Seeing the consolidation below the EQ (50% area) was a nice clue. We shall see if price can get up the prev weekly high, which we know there will be resting BUY STOPS!
As per the video it sees clear to me what we could potentially see going forward this week
With my order block in place in combination with price action and confluences with Elliots wave, i will be risking 10% of my account on this gorgeous analysis (Fundamentals made this analysis possible...if you was wondering !.) If you like this idea, leave a like, share your thoughts in the comment section below and remember, different traders have different risk...
Key NOTES Price is Overall Extremely Bullish and looks to be ready for a bullish continuation push. 2H Break of Resistance signifies a buyers could be stronger at the moment. Price has hit a Known PIVOT POINT that has not been touched since 2017. 2 Options 1. Price could resume its bullish push, just waiting for a some bullish variation/engulfing...
Hear my supplication and verily shall you wax old of any legs to get long against me.
With in Log scale Measured Move we have 2 different perspective which bulls and bears are in balance level so with shadow has hunted in Weekly TF chances for bull could be more better but if bears try to take control we might have correction in demand zone or resistance area it leads to Rally base drop Or Rally base Rally . Note : Please DO NOT LIKE ideas , Give...
near supply zone we have faced with a little weakness , in detailed view we have gap bar in N15 filled with bears this means bears slightly take control it may have 50% chance bull breakout 50% range extend till we get a good reason to break out Note : Please DO NOT LIKE ideas , Give different idea which is opposite side to understand better in market .
Possible Double Top with Banks giving Signs to Banks with Bearish Inside Bar and Equal Highs been created for Liquidity Hunt. If you don't know about the Liquidity Hunt move from the banks then stay away from this move, Keep calm and let the prices flow.
On Monday, the USDX moved slightly below its important short-term support and invalidated this breakdown yesterday. Today, it has made it's divergence in the H4 timeframe and since thee's a bullish sentiment coming up, we might see DXY at the 92.06 level in the coming days/weeks which means the bears are prepping to take over the XXX/USD pairs, so watch out.