Beutiful breakout trade. Now looking for retest of zone here for more co firmation to upside. If not then ok. Actually could be forming a C&H on SPY!
Es still trading rangebound within this zone. Looking like ill extend it out now. Might have to wait for feds or china talks for a clearer long term direction.
ES still in the zone from post yesterday. No breakout yet. Although made for an excellent PUT play on SPY entering right at market open and scalling in on ema rejection. Hit the bottom spot on for thee easy sell. We see our EMAs never broke bearish below the 89 day ema trend. Looking rangebound for now.
This idea is based on my understanding of order flow. A significant drop allowed me to define a supply zone where open sell orders are left over (red zone). After the drop , the price has recovered in a compression zone (Green zone). The compression zone ensures that in this area, where the price is slowly rising, the buy orders are "eaten up" piece by...
its for my own education purpose Trade on your own risk Hit like and leave feed back if you agree :) i am just nub :( thx
clear accumulation zone from institutional. free falling then the price gets attractive for the institution to start making small buy positions. until they have the position accumulated they make the move. the move will keep growing.
hey fans audchf is creating a good sell formation so take this trade with a 85 and 15 ration SL ....Good Luck
Hi I have many pm so I would like to summanry in this idea. As I have early priate idea that have old entry around 1496 , 1528 If you still keep this nothing to do because I think you partial close and let it run as it can go. What 's next ! I see daily chat . from 1160 it have big move around 3 step and now in step 4 it move around 1600 - 1300 -1000 pips it is...
Hi everyone hope you all good we have a pretty nice supply made in H1 and we just hit it Profit zone is also no bad lets see what happens Cheers
EUR/GBP breached a strong support & resistance (S/R) zone in one H4 candle. We can therefore expect price to move back into the zone due to some profit-taking on a Friday, as well as the larger money increasing their position before pushing price lower. Look for price to move into the 0.9050 - 0.9100 zone before continuing its descent. This would be a favourable...
It for my own education purpose Trade on your ow risk
If support holds price should move up to 1.2178 If support fails price should move down to 1.20929
My reasons for this trade are: on weekly we can see price is looking to close as an inverted hammer (still waiting on close). On daily we had a strong bearish close yesterday showing momentum to the downside, it also closed back into my daily channel. We have seen some exhaustion on 4H between the 20EMA and 50EMA. Price is looking to test the 4H 20EMA at my zone,...