Price respects Daily & 4Hr order block, trades back into the up trendline structure. Fib drawn from swing high to low 50% retracement level & 4hr breaker low lines up together @ .86081. Possible HP move on the downside if EQ holds. Also previous week EQ too .86075 added confluence for me to short this pair if price action plays out to the books.
Looking to short at the order block. Expecting market to run the lows for liquidity into the Bullish Order block
Targeting 1237. Weekly Cypher example just recently.Expecting the same on the 8H chart. Possibly could take out C, but will get out at the lower targets for now.
On the monthly chart, we see the 1.0000 level reached and a consecutive impulsive wave (1) on the 2015 rally, breaking the selling structure since 2012 by reaching liquidity void above 1.13000. Since then price is trading at a corrective wave (2), rejecting to make new lows, so expecting a new ipulsive wave (3), possibly a 3th Elliot wave, maybe reaching 1.15000...
EURGBP Heads and shoulder as the process for Brexit continues, the right shoulder is being formed, looking for a downside to the previous bullish OB
Looking for the GBPUSD to make a reversal here. A perfect Cypher wouldve been at the 78fib, but the Order Block is up here. Looking for a 5min ICT reversal pattern
Looking for the DXY to spike the highs before reversing. EURUSD Bullish Order block comes in around 1.065
Looking to go long here when price reaches the order block marked. Cypher Fib targets comes in at same area. (1.22 extension BC and 0.786 XC)
My notes on the ICT Breaker concept. The Breaker The open float usually gets knocked out by the Smart Money. When that happens, the move up to trigger stoplosses is called the breaker: Bearish breakers are runs lower Clearing out the previous low Transforming in a bullish market The bottomlevel orderblock will not be reached by the retracement down ...
Chart using ICT orderblocks. Would rather see DXY make a small retracement at 96.2 because it can then regain strength to make a higher high. Breaks are moments we need to closely monitor price action on a lower timeframe. Technically price should not trade into the orderblocks too far, since most of these barely have any wicks. In other words, we are going to...
Multiple scenario's drawn out for EURJPY. I myself haven't traded EURJPY a lot, but the orderblocks seem consistently promising at the moment. It could be that the monthly support is going to cause a stronger bounce. The strength of the bounce shouldn't matter. Reconsider your options at every 'crossing' of the arrows representing potential orderblocks. I'm...
I decided to use the callout as a description :) 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!
EURGBP will be in small ranges for awhile. Bearish orderblocks constantly pushing price down. Larger timeframe perspective has however been bullish. Therefor trade this pair with caution. Good luck!
Orderblocks outlined with respective colors. Good luck!
LSE AA weekly analysis. Looking for 50% and on to 61.8% re-tracement into weekly breakers, before continuation of bearish sentiment.
For downmove Price took out the old pre-brexit high (23-06) We're at a massive bearish orderblock (purple area) Reached 61,8% retracement and almost had a 70.5% Optimal Trade Entry (ICT) The above three points define the Turtle Soup (street smarts) making a downmove probable however For upmove We also reached an old (smaller) post-brexit...