EURUSD SELL @1.2088 SL @ 1.2123 TP @ 1.2001
Stops above EQ H taken out, a run below the old EQ L is expected
Expectations are a decline. Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.21650 TP: 1.20200
Too busy trading to write the full analysis at the moment. But I'm looking for shorts to open the week on EURUSD for a few reasons. I'm looking for an imbalance from winter to get filled We have equal lows piling up just above it. Price is beginning to converge on itself which means the banks are building a position. We have a potential liquidity spike that...
Price has filled the imbalance created at the beginning of the week. Expecting EURUSD to fall to the weekly FVG at the 1.20400 level. Got confirmation as well from the USD index.
You have two solid bullish candles from yesterday that did not crack a previous high. The high came after a rejection bearish candle. The two solid bullish candles were over shadowed by two waining bearish candles and one engulfing candle taking us down to the low of the week.. so far. Generally in a weekly structure that looks like this, the actual weekly low...
Using ICT's Market Efficiency Paradigm concept to get into a short at ICT the breaker. Click on the hyperlink to watch ICT teach this concept.
Price is going to run the high @ 1.20114 creating a swing high. Then it would be a good time to look for bearish moves to the equals lows at 1.16029
Yes, I know my chart looks Sloppy, but when you analyze the 5min chart for price action, it's going to look that way. Now... First Piece to this puzzle DXY RSI divergence with Price Action. Looks like we should see a bullish Dollar after breaking a new low. And I wouldn't trade this Until we have confirmation that it does break a new low and/or comfortable with...
I'm practicing the reasoning I would have to trade a specific direction for a daily Bias. Today, November 19, would be a sell bias. We've reached another resistance area that could not be broken and have a few daily lows that can easily break. Not only that, there have been some false breakouts aka "Turtle Soups" that have resulted in a short drop followed by a...
Kinda Self-explanatory. Price hit a major breaker. The goal is for the take profit to beat the current low and the stop loss to be just above the current swing high. Plus it just changed sentiment and when measured with a fib, it's already bounced off some key levels. Maybe expect it to get a little higher at the cluster of breakers but there is where I would...
As price rapidly drop at the end of the day I could easily spot the next movement price action would return to before going lower. Trade against it to the point if you wish or trade with it and add another position if you're still in my long swing trade with me. Entry will likely be around 1.18198 (allow room for broker) and it will trade back to the low it just...
Same as I had earlier this morning. The Asian session solidified my thoughts. Having two positions just in case it retraces deeper than first thought. See related chart for this mornings idea on the pair. Also sometimes you need to break down to the 5 MIN and 1 MIN chart for specific price action movements for these determinations but still using the daily chart...
As soon as price entered around the Bearish Order Block of 1.18400 I expected a rejection and on the 5 min you can see one. (Order Block Formed) (Rejection) Tell-Tale sign we're in for a big drop that could take days/weeks. If it start's to push in higher, I would honestly expect that too as I've been taught that the orderblock is most likely to get priced...
Hello and welcome back. If you found this idea helpful, please leave a like. EURUSD is in an area where we could go into consolidation. It was unable to go higher last week. From a directional standpoint, if I were to choose a side, I see lower prices targeting the lows at 1.1685 and if we run hard, 1.1615. It is very hard for me to gauge anything due to the...
Hello and welcome back. If you found this idea helpful, please leave a like. I still see higher prices for EURUSD. I saw more of a retracement than I would have liked, but the current structure in place from what I can see is still bullish. If we take out the intra-week low and start expanding, I am probably wrong. Until then I am still looking for higher prices....
Hello and welcome back. If you found this idea helpful, please leave a like. Even in uncertain conditions and with the election around the corner, EURUSD produced higher prices like clockwork. I am expecting the same thing going into next week. We can retrace back into the pink box, but I would rather not see that. I am expecting EURUSD to move into 1.1850 and...
As I have EURUSD pretty mapped out if you've been following my ideas, I'm, just giving an update. I sold the breaker at 1.18260 as a breaker is usually an indicator to sell.My stop loss is only 4 pips because it got pretty high above the breaker before I sold. And we need a pull back before moving forward to the next bearish order block which will be the next big...