I'll take a small long here. 1H and possibly 4h can draw a bullish divergence. We're above fib supports and bullish block. Seemed like a bullish breaker, too. TP1: 3885, TP2: 3940 SL: right below bullish orderblock Good luck :)
We're inside a 4H breaker currently, retesting it as support again, and also a nice fib retracement zone. If we bounce from here that would also be a higher low and a good bullish sign for further expansion upwards. If you look below you can see that we bounced from an important daily pivot level too. --------- Colors I use for a more organized chart:...
We got a break in the market structure here, and now we have to wait for some retracement to look for a buy. There's a bullish breaker nested between .62 and .705 fib retracements which is a great spot for Phoenix to retrace before attempting to break new highs. This retrace would also fill that small void we left during the pump. Some terms I used here: -...
Looking to go short at the Order Block. Stops need to be cleared before a big move. Great looking order block lower to take profit and go long
GBPJPY is near a key weekly SR level, I would remain bullish for intraday positions because the daily bearish block has been violated with a clear uptrend channel. Many confluences. Overall on the monthly this is bearish market but my inner trendline on the daily has been violated confirming my short term bullish perspective. Furthermore, on the 4hour chart I...
Lot of raid on stops in the upcoming weeks. Filling in the range objectives.
8726 level support has a bullish candle confirming my bullish bias, the perfect buy would of been at the 856 level. That bearish engulfing void candle at 12pm was just there to take out stops, the 4 hour block has been violated so this shows uncertainty because price has dropped on 8830 level and has also shown bullish action before. 1 hour time frame confirms my...
Last weeks weekly low has been touched and there is no sign of price going any further then that level apart from the last big wick. Enough bullish liquidity has been created along with tons of accumulation giving us enough juice to short towards the DAILY SR. Price is touching 20 EMA so should retrace. daily and weekly bullish blocks have been violated whilst...
DXY is in tighter ranges forcing a breakout or breakdown pretty much soon. I'm anticipating a strong move up into known highs before moving back down. Might actually make another high, creating the illusion of double tops and then a stoprun up before moving down. We'll see how this goes. Good luck!
Moving back to around 1.314. We could see price drop into the 1.2880 to close the range which is the higher timeframe low of the range. Good luck!
As mentioned on the callout, we're likely to see a run up into the old high and beyond to take them out. Or it'll not take it out and just keep pushing down. This is a followup of the earlier NZDUSD idea mentioned below under related ideas. Good luck!
Okay let's have a look at what we can see happening. EURGBP stabbed into the bearish orderblock as shown in the chart on the 7th & 8th month. The 9th month (right now) is the logical reaction of the move away from the bearish orderblock. - The formation of the bearish orderblock happened above 0.835 , meaning this will likely be absolute max for the...