If you are a trend trader. You understand this analysis more than anybody!
You can adjust your Stop loss higher or your Take Profit lower depending on your risk appetite!
BNB break out from uptrend channel last Friday.
It's currently retracing back to FVG or 50% of FIB or to failed Orderblock.
You can use your Fibonacci for better entries.
TP is 288.96 because there's an FVG there.
APT broke out from Impulsive down move. We are expecting the corrective move
It recently leave a Change of Character and leaving a supply zone below.
We are expecting limit orders sitting below that might lead to breaking the recent high where all the recent shorts has started.
The last dump of gold was because it was rejected by weekly order block.
It might retrace back for a while., then continue it's move down.
Both POI from above and below was came from fix high volume profile.
My bias is short after reaching 1927 price retracement.
Goodluck to all of us this week
After merging, we expected some liquidity grabing before eth pumps up to 2k
Elliot correction wave is completed in daily Timeframe then followed by a Change of Character also in daily timeframe. We are expecting an impulsive wave if Support won't break!
EURGBP went from a breakout.
It is still uptrend and currently retracing.
we are expecting a retest from it's supply and demand zone as shown in the image.
Or to the order block.
You can set your alerts in the areas shown.
15MIN SCALP
currently uptrend.
No Structure broken to the downside.
Although there's a weakening of the trend in the lower timeframe.
I'll risk this trade because we're hoping a liquidation from the resistance above. Liquidating all the shorters.
One more Quick Long Scalp
