Is USOIL exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 75. What you guys think of it?
A new swing high was formed... Expect more downside this week
KSMUSDT is trading in bearish trend. Recently the instrument was trading in range bound and now it has broke the range to downside. Will this breakout sustain and price will head to even downside?
GBP USD weekly forecast are you ready for bullish wait for reversal we will loook bullish from fvg zone we will see confirmation in fvg zone
As you can see the following: - weekly candle bullish - daily candle bearish - 4H candle - bearish In my probability, I can see two options on Monday (I WON'T BE PLACING TRADES ON MONDAY). One will bounce off (red) and create a high of the day and two (blue) will go lower to take out sellside liquidity creating a low of the day and then will go up to create a...
Today I have encountered one missed trade and 2 losses. I think discipline is one of the main issues I have to deal with. I going back to back-testing.
CME_MINI:ESZ2022 S&P took out the last low wich means that the liquidity is taken from de sell side. Thats why i expect that price will go higher.
First tink what comes to my mind is GAP which need to be filled, then Imbalance which is also not been reached. I think those two places has to be reached this week. If it happen then I'll be looking to bullish move. But this is just prediction. You are more then welcome to add your thoughts. Thank you.
We took buyside liquidity, expecting a retracement towards the 50% before price can potentially move higher.
Euro dollar been pushing hard and left some imbalance which perfect areas of sell side liquidity. i be looking for this be filled either today or tomorrow then we might see some bullish movement. Looking for sells on the 1m.
Good morning ladies & gents, After a period of accumulation, it is highly likely that EURUSD will start a bullish cycle up, this analysis is supported by a multitude of reasons. 1) After a period of accumulation, it's often that we see an inducement out of one side. This is the "Manipulation" phase, whereby they move price to simultaneously neutralise buy-side...
A disappointing open from cable with a bears perspective. Gapping down 100 pips to 1.435 almost immediately puts my sell limit orders (at 146.5) in "unlikely" territory of being hit this week. On friday following the $ EMP report cable managed to rally to 1.458 - i was hopeful it would tick a few more pips upward before the slew of selling started as we move...
Still holding short in EURGBP cross, we have just got into a selling area and the market needs to retrace. So I am targetting 50% fib level with 2.34 risk/reward ratio. Have a good end to the weekend.