Current Leverage : 29x Position Size : %16 Stop - Loss : 1.07614 Take Profit Level : 1.04989
The pound, like the euro, is also in a long context since yesterday. A clear order flow in the long direction is visible. The target in the form of the previous day's high (PDH) has already been reached in the news-driven movement. I've marked the second target for the day, which is the nearest high-liquidity zone.
When we observe the movement in the EURUSD Forex pair; Let's try by opening a short trade : Current Leverage : 100x Position Size : %3 - %3.5 Stop-Loss : 1.09425 Take Profit Level : 1.06692
shorter TF m15 chart. possibly taking liquidity above. looking at 1.06400 - 1.06200 as local support.
#GBPUSD The short context is strongly pronounced, and due to the bank holidays, a liquidity outflow is evident. I believe the target will be reached within tomorrow's session. Ideally, we'll see liquidity taken above before continuing with the short order flow. Invalidation of the scenario can be considered if the price closes above 1.26500.
1 - FX:CADJPY 2 - FX:EURJPY 3 - OANDA:GBPJPY 4 - OANDA:SGDJPY 5 - OANDA:EURCHF 6 - OANDA:GBPCHF 7 - FX:CADCHF 8 - OANDA:EURZAR 9 - SAXO:AUDZAR 10 - OANDA:CADSGD
FX:USDMXN FX:USDCAD OANDA:USDCZK FX:USDCHF FX:CADCHF OANDA:EURGBP
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
I see a confirmed daily structure violation on GBPJPY, after quite a long accumulation within a horizontal range. We can expect more growth now. Next resistance - 193.37 ❤️Please, support my work with like, thank you!❤️
Hello everyone, after yesterday's news-driven movement, the euro continued its long context. For intraday trading, I'm ready to consider positions during the New York session with targets set at the London high. However, first and foremost, we need to see some action with fractal liquidity.
looking for a break or rejection of one of these 2 circled areas before I scale into a position. no real clear trend yet with the fed constantly going back and fourth about raising or lowering rates. For now, better off playing the lower TF and just scalp the PA
FX:AUDUSD FX:GBPUSD OANDA:NZDCHF OANDA:GBPCHF OANDA:AUDCHF OANDA:EURHKD
TVC:DXY - Is in a critical area now almost completing an ABCD rally. Why its so critical is that if it fails in this area then it will likely drop down to the 102.00 area. In turn this will likely give the Indices that one last push higher to complete patterns. If it starts rallying through the 104 level then we will likely see a run to the bigger upside pattern...
OANDA:EURUSD Completed a small Gartley pattern on Friday, now we look for a rally to see if it's going to fail around the 1.0853-1.0880 area. There are bigger TF patterns that take it a lot lower with the first one down below 1.0600 and larger pattern below 1.0300. A move above 1.0950 could send it towards 1.1100 and even 1.1300. That's why this week is so...
USDCAD formed a nice double top pattern after a test of a key horizontal resistance on a 4H time frame. With the release of the yesterday's US fundamentals, the price dropped and violated a neckline of the pattern. It is a strong bearish confirmation. We can expect a downward movement at least to 1.35 level now. ❤️Please, support my work with like, thank you!❤️
Update for Dollar Index. Earlier, I already shared a bullish forecast. Today, I see an intraday confirmation with a breakout of a neckline of an ascending triangle formation. Next goal - 104.84 ❤️Please, support my work with like, thank you!❤️
FX:AUDCHF FX:NZDCHF FX:EURAUD FX:EURNZD OANDA:EURZAR FX:GBPCAD OANDA:EURDKK FOREXCOM:HKXHKD OANDA:UK100GBP
In this analysis i am looking for an MMSM after the Daily FVG has been achieved, thus finishing the MMBM. Now the main thing is to refine the entry point so that we are not poorly positioned to seek a higher RR until the next Sellside Liquidity. All analysis was done based on ICT concepts.