GBPCAD Has Taken Out the Buy Side Liquidity And Reacted From A Supply Zone And Shifted to The Downside . We are Waiting For A pullback For A good Entry.
hello traders In today's session, sell GBPCAD, target 1.54400
Well here. This is my idea. I feel like this will work as a trigger entry for supply sells. The reason for this entry is that the prices originally entry was back on 1.13072. Then you would be able to place a 1:1 entry from a proper good sl to tp which makes it 1:1. Hope it made sense in a way. The hardest part is understanding how it would be a potential entry...
wave analysis price action supply market structure impulse wave correction
Clear 4H/1H supply zone a head for that pair and with bouncing off that zone and confirmation by a rejection candle as a confirmatory sign, short trade with R/R ratio will be a good trade to be taken..be safe..
hello traders There is a bullish impulse wave that did not close according to the method of closing the waves, we will get a wave equal to it at least, so if the price is able to remain above the support level, a buy trade will be executed to target the supply area
Considering the supply area that has been identified, we expect the trend to react after hitting this area.
*SMT* = Smart Money Theory. See Related Idea. Alright, it's the end of the week and we always see some bizarre movements at the end of the week. And the way Eth just found the previous breaker in my short call and that breaker acted as support (good thing I was paying attention and got out at 1311) and then sky rocketed out. That is know as an Institutional...
I expect a pullback in gold and another push higher and getting into the supply zone.
We have another long-term buy opportunity in usdcad.
liquidity liquidity liquidity!!! it is what eurusd has been leaving every time it goes up. I'm still expecting a big drop for this pair.
hello traders We have an important selling area that can be relied upon to take short-term selling
Hello dear traders. My view on cad jpy for the coming week is that it will buy at the retest level of the grey color - 4 H area of resistance which is being checked as support.The overall weekly trend is bullish. On 19 of October important CAD news will be releashed with positive forecast. If the forecast is met, the scenario will take place easily. JPY is...
Hello traders , in today's session I am selling CAD CHF, target first level 0.72700
Supply and Demand Supply and Demand is one of the core strategies used in trading. It focusses on the ancient laws of supply and demand and how price moves in a free-flowing market. The foundation of this strategy is that the amount of an instrument that is available and the desire of buyers for it, drive the price. It identifies zones on the chart where demand...
hello traders There is an extended bearish wave and we have a correction in the form of an Running flat. The downtrend is expected to continue and the bottom will be broken, so we have a good selling opportunity
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