Discounted ADA/USD - Can We Reach New Highs?
Here We Have A Clear Representation Of Smart Money Order Flow With A Potential To Go To New Highs.
As we all know, the markets are powered by large institutions trading with millions, if not billions, of dollars in orders at a time causing the impulses that we trade in the market...
If this is the case, then why not trade with them?
Here you will see the footprint of large institutions, and some reasons that they may drive the price higher on
ADA/USD
- Break Of Structure Signals
Willingness To Go Higher
- Before Doing So, Smart Money Needs
To Secure More Liquidity....
- Break out Traders Are Stopped Out By Now
- Insternal Range Liquidity Is Secured
(Retail Traders Inside The Range Have Had SL Hit)
- The Potential For New Highs Is There, With
Correlation Of Smart Money Tactics
It Would Be Best To Go To A Lower Timeframe And Look For Confirmations For Positions.
If You Found This Useful, Please Be Sure To Like This Post And Follow My Profile 😁
DISCLAIMER
THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
As we all know, the markets are powered by large institutions trading with millions, if not billions, of dollars in orders at a time causing the impulses that we trade in the market...
If this is the case, then why not trade with them?
Here you will see the footprint of large institutions, and some reasons that they may drive the price higher on
ADA/USD- Break Of Structure Signals
Willingness To Go Higher
- Before Doing So, Smart Money Needs
To Secure More Liquidity....
- Break out Traders Are Stopped Out By Now
- Insternal Range Liquidity Is Secured
(Retail Traders Inside The Range Have Had SL Hit)
- The Potential For New Highs Is There, With
Correlation Of Smart Money Tactics
It Would Be Best To Go To A Lower Timeframe And Look For Confirmations For Positions.
If You Found This Useful, Please Be Sure To Like This Post And Follow My Profile 😁
DISCLAIMER
THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.