Solospike_Trading

Solospike_Trading

Price is in a downtrend and has created a lower low, not it came back to mitigate an OB at the supply zone, this is where lm expecting it to reverse and create the lower high so that price continuess going down.

Solospike_Trading Updated 

DAILY TIMEFRAME.. Pair is creating a series of LHs and LLs, after a Break of Structure (BOS) the pair created another LL and has pushed back up. There are key areas that we are expecting price to react and make a reversal. The 2 areas are supply zones as shown on the image. Pair is now at a potential sell zone(first one), there are 2 Order Blocks (OBs) present...

Solospike_Trading Updated 

Price reacted at a key level around 0.69935, it approached the key level with a descending channel which shows a potential reversal. A bullish engulfing pattern was then presented on the weekly timeframe, which added to the confluences we already had. After that l we were expecting a continuation pattern to confirm that the market is indeed buying. The...