XAUUSD has met two powerful trend line and a also a support zone, so we expect XAUUSD to experience a buy this week.
the market makers will always take liquidity before such moves large moves are made. So wait for confirmation before making entries.
Have a successful trading week.
BTCUSD has been on a bullish channel, now we are the market to go back up to higher .side of the bullish channel and maybe break out to create a new high.
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Have a cool weekend.
Breaker block is basically when price forms a Double Top or Double Bottom, with the recent high taking away the previous high. And price comes back to retest to the Order Block that caused the second high. its kinda institutional tho.
#Order Block
#Price Action
#GBPJPY
HELLO GUYS, HERE IS ANOTHER PREVIEW ON GBPAUD, THIS PAIR HAS BEEN ON A BEARISH TREND. S0 WE EXPECT THIS PAIR TO GET TO THAT ORDER BLOCK AND AFTERWARDS, SELL BACK TO THE NEXT (IP) ZONE WHICH IS YESTERDAY'S LOW.
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LETS WATCH OUT FOR OUR REVERSAL PATTERN ON THE PAIR BEFORE MAKING OUR ENTRY , BUT ANYWAYS LETS HOPE FOR A POSITIVE TRADE.
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THIS PURELY PRICE ACTION AND TREND LINES STRATEGY,WE ARE EXPECTING PRICE TO RETRACE FROM THAT WEELKY SUPPORT,AND SELL TO THE NEAREST RESISTANT LINE BEFORE ANY FURTHER MOVEMENT TO BE MADE.
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