EURNZD 2 hours
Searching for two possible buy setups, the first of which is a sweep of Asian lows. If not, I'll wait for a key retracement at a target zone. I'm hoping it will respect the macro structure it's created; if it does, we'll be fine. If the slower market structural momentum begins to decline, I expect a continuation rally to the downside.
Ok, I am totally bullish on $C98. Started doing HH and HL, we are ready for a takeoff after breaking last high.
Fundamentaly good project with a big hype.
Do a DCA strategy: adding a lot now - selling at the pumps, and then rebuying at discounted areas.
Targeting: 10+ in the long term.
This Trade setup has been created based on Fundamental & Technical Concepts.
GBP/USD is fading an uptick to daily highs of 1.3891, although remains well off the weekly lows at 1.3855 in early European dealings.
The retreat in the US dollar across the board helps the rebound in the cable but the risk-off market mood spoils the party for the bulls.
The banks have taken liquidity at the top of which we were also involved in, we traded the pair to take liquidity to the upside now that liquidity is taken it's in line with the H4 Order block which may mean that price should be able to go down at least for a moment. Though there is a kind of imbalance at the top of which our eyes need to also look upon but I...
The dollar index which is DXY is really bullish but the fact that it is bullish doesn't mean that we cannot sell. But is has to be done based on knowledge. Price has been forming a higher high and lower lows, but where the price is currently is kind of forming a failed swing which means, it is not recommended to buy or sell until there is a clear direction via a...
Fib retracement level
Im going 1% on this one, once i get a 10.4 pip reaction from my mitigation area i'm going either Break Even (if the trade is active) or cancel the trade if it is not active
Well guys and girls, as you can see price is in a very strong bullish pressure to move higher,
How I came to that conclusion is by looking at the daily time frame and I saw that price has been moving higher due to a certain order block that I didn't mark up but feel free to go and look it up on the daily time frame,
so back to the 4hr time frame, price dropped to...