Greetings, Traders!
Brief Description🖊️: Bullish momentum is building on US30USD after a retrace into discount prices, with potential for upside continuation.
Things I Have Seen👀:
- Bullish Momentum📈: Gain momentum after retrace into discount prices
- Respected Discount Arrays📊: FVGs holding, indicating potential for upside move
- Price Action📈: Push to upside to take H1 buy stops, followed by retrace into FVG
Analysis🔍:
- Anticipating hold of FVG and continuation to upside
- First Target Objective📉: H1 buy stops
- Second Target Objective📉: Order block, importance due to liquidity void needing to be filled
What's Important Now❗:
Monitor price action around key levels for confirmation of bullish continuation.
Kind Regards,
The_Architect
Brief Description🖊️: Bullish momentum is building on US30USD after a retrace into discount prices, with potential for upside continuation.
Things I Have Seen👀:
- Bullish Momentum📈: Gain momentum after retrace into discount prices
- Respected Discount Arrays📊: FVGs holding, indicating potential for upside move
- Price Action📈: Push to upside to take H1 buy stops, followed by retrace into FVG
Analysis🔍:
- Anticipating hold of FVG and continuation to upside
- First Target Objective📉: H1 buy stops
- Second Target Objective📉: Order block, importance due to liquidity void needing to be filled
What's Important Now❗:
Monitor price action around key levels for confirmation of bullish continuation.
Kind Regards,
The_Architect
Trade closed: target reached
TP Hit=4R (I only look to target 4% per day)Comment: The objectives still stand, 1st objective is the buy stops and the 2nd is the order block.
Refer:
Happy Trading,
The_Architect
Trade closed: target reached
First Objective ReachedComment: I anticipate price having to continue as to reach the order block which is the 2nd objective. We may see a minor retracement in price, if it occurs I will look to continuing buying provided there is a confirmation to do so.
Refer:
Best Regards,
The_Architect
Trade active
I am looking to continue the bullish narrative as to reach the 2nd objective, which is the bearish order block as to fill the liquidity void. At the moment price may look to respect the H1 FVG and support price towards the upside.Refer:
Best Regards,
The_Architect
Trade closed: target reached
TP Hit=4R (Daily Target Hit)Comment: The objective still stands, which is the bearish order block.
Refer:
Best Regards,
The_Architect
Trade closed: target reached
Overall Bullish Targets Hit!!Comment: All the Bullish Targets have now been REACHED!
Refer:
Best Regards,
The_Architect
Note
We can now explore the narrative of having to see price continue towards the downside, since all these bullish objectives now have been met.Refer:
Happy Trading,
The_Architect
Note
June 10, 2024: US Indices Weekly Forecast: Top Trading Strategies Revealed!Refer:
Happy Trading,
The_Architect
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.