Euro Dollar has been in a downtrend, so this short would be pro trend, breaks of market structure on H4 and refined order block from H4 all the way down to M15. Additionally, the OB is on the discounted price of the 79% Fib retracement. Looking for a short once the M15 OB is mitigated
This is what i se happening on the smaller timeframe. After price hit our daily OB, i switched to the smaller time frame and i saw price formed equal lows and which was taken out then price broke the last structure (LH) and came back to test the last OB..that is the institutional candle. I took 50% of the candle for a buy. im targeting the last LH on H1.
Gold has been on uptrend and breaking structure. I anticipate a move back to the order block that created the momentum that broke structure. Afterwards, if this plays out well, i will wait for a confirmation to sell.
This is not a financial advice. Do your analysis also.
US Equities NQ, YM and ES show an SMT Divergence in price this Monday morning. I wait for confirmation which is a break in structure then an ICT OTE setup to present for entry. ICT concepts are real. Time and Price theory in display.
Price has now grabbed the pocket of liquidity they left yesterday and is now giving a SMT with multiple confluences making it high probability
Will wait for a BMS/RTO during NY killzone
M5 MM sell model
What an interesting year it's been for BTC. Lots of good news.
At point A), BTC is in Lockstep with DXY...Unusual. A "Divergence" of sorts. Indicating the asset it being absorbed.
At point B), BTC returns to it's "normal" , opposite type PA to the DXY (Dollar). Normal behavior.
The green Verticle, the fun begins. It's March, DXY is pumping, and so is...
Today we have a Long setup to share. Here you will have a full explanation of it
a) The price is above the ascending trendline
b) Currently we have a corrective structure supported on the ascending trendline. We can see a clear compression.
c) Based on those items we will take a long setup with all the parameters as you can see on the chart