The Nasdaq march contract just expired and price has been bullish over the past few days.
-Recently External range Liquidity on the monthly was taken out in the form of old lows
-Monthly timeframe has an FVG above
-The daily just started taking out It's own external range liquidity in the form of old highs
-I am anticipating continous bullish momentum
-I would...
GBPCHF has just recently provided strong confirmation on continued downward momentum as it has created a lower low leaving a fresh supply zone resting above,
Price has also respected Supply on the daily timeframe in the past week
Despite that i would expect some further upward momentum on the lower timeframes to 1.27240 level which should give a reaction and...
I am Currently awaiting the touch of lower trendline and a signal of reversal then i would enter long alternatively a reversal breaking through the the downward resistance could mean bullish momentum
Awaiting A third touching of the upper trend line to confirm trend pattern, will enter short when it hits for the short period but for the longer term will await the falling back down to the lower trend line zone and a reversal signal before going long. Happy Trading
