Blaze67

Blaze67

On the 3rd of October, price formed a daily low and a 1h OB, leaving behind a 1h fvg and inducements right above the OB. Price rallies and broke market structure with a rally, reversed, then went into a consolidation on the 10th of October. Fomc news created spikes that took out buystops/liquidity resting above the consolidation range then also the sell stop...

Blaze67

With resistance at 0.99287 and 1.00000. price went into consolidation on the 10th Oct, as a result of news impact, price purged the sell side liquidity of the consolidation range and mitigated the previous low at 0.96365 thereby creating a new low at 0.96330 and then rallied to grab the buy side liquidity of the consolidation range. Price has come back into the...

Blaze67 Updated 

EU likely to plunge to .99 Huge gap to be filled back in 2002. Next support in .998

Blaze67

With an obvious daily OB back in march 2020 (1.16668 - 1.14095), price had a CHoCH and is back in present date to retest our daily OB, the lowest support. with current price at 1.168, I expect to see a quick sell to the 1.166 zone then we could see sideways movements for a while from there. If price breaks support? then the downtrend continues. price could as well...