When price was bulling it created hh,hl,hh,hl, but in 1D it shifted and creating hl,ll,hl,ll, so the price is creating corection move/liquidation move. . The price is near to test a very critical area, to grab liquidity and bull till the area of 1D previous very high. . The price, where it is, is a risky. . it is better to wait until it reaches the liquidity...
Scalp trade The price is in 30m, it has engineered liq, already, shefted below to notify the bears entering in a short term targeting down in the lower low of 30m. Let us see
As we i have shown the anslysis of the 4H strucure, this TF also shows the shift that support the reversed outlook of the pair. Now, we take tha short trade in a confident way. Continue learning.
AS we are seen USD has been strong in recent days. However, the NZD have failed to break above the 4H structure, if we refine it to 30m we see Liq sweep by candlestic and after the price to tap the area, it reversed down. .We observe the 4H shift, the price pushed into the interna structure of the shift to gain mommentum down. .Now, we support it to short the...
USDCAD has broken above, it is now deep retraces to grab all liquidity left down, as it is seen in the chart, after taping down in the zone marked by two narrowed lines. Wait for 15m shift, retrace and jump to previous high. remember we have FOMC meeting in the coming days
buy a counter trend to sell later. The price has created a daily shift, may wait to sell after aproaching a high liquidity area. Wait to sweep liquidity for shorting till the daily lower low level. . Always trade carefull. This is not your financial advisor.