Aussie long. Nice R/R here ! 100+ pips lets go!
I SEE MYSELF TRAP IN THE DIRECTION OF THOSE LAST GOLD WICKS. IT´S VERY IMPORTANT TO KNOW WHAT THEY´RE DOING. IN THIS CASE WE HAD 4 REJECTIONS INTO THAT MAJOR 12.75$ WEEKLY SUPPORT LEVEL. GRABBING AND TRAPPING LIQUIDITY. ALSO IT WAS THE LAST WEEK CANDLESTICK CLOSURE SO WE WE´RE EXPECTING A MAJOR MOVE TO CLOSE THAT MONTHLY CANDLESTICK. AND WHICH CONFIRM US THE LONG...
expecting a liquidity grab in this week around 1.25000 and 1.30000, in confluence with 61.8 fib daily retracement and also stophunting the highest price region of the month (MAY) for the highest probability of execution. This week candlestick closure seems like its going to end up as doji. This means buyers where in control of the market but couldn't push the...
Weekly time frame analysis. This for me represents how much i have improve my chart work and analysis. I'm just 8 months old in this game. Can't wait what the future holds for me and my team. Focus on your potential not your quota. You will be on fire day n nite!
Multiple confluences starting from the broke of previous downtrend on daily timeframe, a broke and closure of previous weekly candle above 1.3000 which is a strong support level whit in the area. I can see in the weekly candle that we are grabbing liquidity from last weeks inducing also retails to the downside making the trend obvious to accumulate liquidity for...
In the Daily timeframe, after breaking few months ago uptrend, price como back up right after stophunting major support to retest it with a strong bullish candle. In the 4h timeframe im seeing clear wick rejections of 1.84800 zone. I'm in a long position waiting for the retest of major trend line around 1.86600 and for a possible short opportunity creating a next...
WEEKLY TIMEFRAME IS SHOWING ME WE ARE IN A IMPORTANT SUPPLY ZONE. IN WHICH THE FIRST ROUND OF SELLERS ALREADY ENTER AND NOW IS 2ND SELL ORDERS, CURRENTLY WORKING THAT HIGH TO REVERSE THE MARKET AND CREATE HOPEFULLY A NEW DOWN TREND.