Price hit the Weekly Bearish Orderblock then presented us with an M15 reversal pattern above the high of yesterday. Looking to take it short for an RR of 1:8 approximately. Will be looking to scale out profits along the way, currently in 21 pips of profit.
ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGMENT ➖TRADE : directional bias IMPORTANT INFORMATION:📌 * ORDER FLOW: bearish * DAY OF THE WEEK:Friday * PROJECTED TP : $$ * PROJECTED SL: 🌚 whats up master traders! welcome to another trade idea with Genius Chart. If you like what you see and it helps you ,please support our work by writing a comment and...
Let's see what the go is. This is a long term view based upon one very important principle. Why are we selling? Price is expensive and volatile - during the election process in the US, the worlds relationships are affected The election is coming closer <45 days. The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where...
Seems like a bullish breaker testing support. Invalidation right below that block. We're trading against the trend so be careful :) Not an investment advice ofc. DYOR.
It aligns with my bearish block and it's a good entry imo. I don't know if it gets there but if it does I'll be shorting. I also outlined a possible hidden bear div. Let's see if it plays out or not. I am aware I used lots of indicators and drawing tools but it's just me trying and learning. Always DYOR and DYOTA :) Cheers.
It might be a deadcat bounce but I expect sth like this. I'll update it as we go.
I'll take a small long here. We may want to test daily bearish block. Target would be 3750-3800.
I'll try again bullish breaker. I'll long the retest of bearish block. Bids are set. Let's see if they'll fill. TP1: 4250 TP2: 4380 TP3: 4420
Moving back to around 1.314. We could see price drop into the 1.2880 to close the range which is the higher timeframe low of the range. Good luck!
Okay let's have a look at what we can see happening. EURGBP stabbed into the bearish orderblock as shown in the chart on the 7th & 8th month. The 9th month (right now) is the logical reaction of the move away from the bearish orderblock. - The formation of the bearish orderblock happened above 0.835 , meaning this will likely be absolute max for the...