The price is testing the 0.786 Fibonacci level, it's a key level for the market. On the weekly timeframe, the price lost the support on 0.083$ On the daily timeframe, the price had a breakout from the daily resistance of 0.072 $ and retested as new support. On the 4h timeframe, the price needs to create a breakout from the supply zone above the 0.085 and...
This week I'm keeping it light. I'm not interested in overwhelming myself so I'm going to show you how to let the trade come to you just as I am. You need 3 things: 1. To understand direction 2. To plot structure and wait for price to touch it( thats letting price come to you) 3. Permission to enter the trade(it just takes one price action candlestick) Once you...
Welcome back! Here's an analysis of this pair! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued...
Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing signs...