The price got a rejection from the 0.80 Daily resistance where the market created a double top. On 4h timeframe the price is creating a descending channel and the market is testing the 0.618 Fibonacci level and monthly support on 0.49. The market is testing the supply zone right now How to approach? The price must hold the monthly support on 0.49$ and flip...
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Hello Friends. It seems that the bitcoin growing to 5th wave of "C" wave correction and I expected touch the 51700 and go ahead to big correction wave "iii" .
we have a beautiful liquidity grape move and market is coming to test it again let's see if we get a chance to enter in a buy position but we have to be very careful because market is in a very strong down trend
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...
GBPAUD is has had a very strong run up to a significant level that has acted as an area of supply since August, with price only briefly breaking above this area once before quickly driving back down below it. RSI is overbought (>70) on the 12H, 6H and 2H charts and but has just had it's first sign of rejection out of this area. Expect price to see a correction...
Welcome back! Here's an analysis of this pair! ** Just a quick update on GBPNZD - it rejected at previous monthly highs (2.0050-70) where we expected selling pressure to come in, however we may see the price come back up during NY Session. We recommend not risking more than 2% of your entire account balance and use your risk wisely. Banks may push the price to...
we have tons of liquidity in the market to catch them eventually we have seen before that market will take liquidity then come to the area of interest to breakeven their buy or sell trade then continue their way let's wait for the right time to enter in the trade.
EUR/USD is currently trading within a Rangebound market ahead of F O M C Minutes later this evening (UK GMT) Market could play off of the extremes within this range or merely inducing Liquidity for later moves, seeing prices come back to visit the Supply levels higher up. As always we never look at to act pre News but play the reactions. If you're not comfortable...
as we have perviously seen that the market move from the daily demand area after picking up the order now we have another selling market structure base area we may see market will capture the liquidity then move toward daily demand area again let's wait and see
as we are running in a down trend we have an area to sell the market but if we would have a confirmation then we can sell the market as per confirmation
EU was a bit crazy yesterday with reacting off of random levels. We could now start to see it range until NFP. Don’t force anything just let the market show its hand and react.
EURUSD had another bearish week right after a short recovery from the week before, essentially breaking new low again. While reviewing our past weekly forecast, it actually followed an ABCD pattern based on the weekly timeframe and shall be completed this week should the price drops further into the demand level at 1.16. The dollar has been strengthening weeks...
Bitcoin has remained bullish for the 5th consecutive week and it has now regained more than 50% of its previous losses. There's been a growing sentiment that the crypto-market has resumed a bullish trend as demand for crypto payment is growing in different sectors. but right now, bitcoin is about to face a very key supply level around 50,000 mark and may bring...
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...
this is the long term view through supply and demand methodology supported by fibb as confirmation right now market is in a re accumulation area where the market collecting the order for the relly to the upside if all gone good we can see this kind of sequence in the market if your are in this trade breakeven your trade then take a risk to hold
the order block took previous lows and seems that the area is breakeven by the institution