USDCAD is pushing toward a zone where possible buys might be, whereas EURGBP is showing potential sell power
A weekly retracement fuiling some buys into the market, the strategy saying we should buy until sell appears
The current recession will have most technicals flipping especially on CFD's so the bias that I have on NasDaq is open and explained clearly here.
Though we had some trades missed we are still following the footprints and focusing on zones to hop in carefully
Facts were going against our risk hence the trade was cut short, we sold because the trend strength was vivid and we did not yet enter into an extreme Daily imbalance area
According to technical probability it is likely to see Nas100 mitigate the imbalanced Demand before rocketing high
A wider stoploss to accomodate the flow of EURUSD's push to mitigate HTF imbalance. RR is 3 to 12
Another trade to be taken, We donot trade often, we trade zones that are given to us by the market
Just updating you about the trades that were taken today and their analysis that were made during the day, a video prior to this is of Nas100 analysis, if you haven't watched it ensure you do so.
xauusd second trade takenn after we went in late and missed a trade
Nas100 trading view for today before the news are announced
After losing trades due to an impulsive news leg that broke a minor high we were expecting the market to react from, an update for further analysis is sent to continue analysing nas100
Gold went bullish on structure, after leaving us with a couple of lost trades and untagged ones we still follow our strategy with it, Another buyb is taken
We have been caught on a structural downtrend which manipulates small timeframe zones repeatedly because of the extremes constantly being hidden amongst minor ones, so today we are seeing a potential break of trend/correction through a probable bearish impulse, WHATS YOUR TAKE?
The change of character and and the break of structure on the previous data that left an imbalanced supply at the top and liquidity highs trapping traders into a sell perspective is one of the confluences we having that make us await a buy on an extreme dissected weekly imbalanced-demand
A further deep expected after a retracement to the closest imbalanced supply plotted with a line at its beginning
A trade we had last week and what we are expecting to see on the coming week
With an entry already running the highlighted area is our point of interest whereby we expect a move from the markets -Its probability is so high