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Breaker

USOil Breaker Block Review - August 22, 2019USOil Breaker Block - August 22, 2019 Order Block Analysis This is still a learning concept but I think this is another order block that became a breaker block. We see price breaking previous lows with the bearish candlestick. Retail traders are selling here as this is at resistance, but then market makers buy in at this low price breaking previous highs taking out Stop Losses on Shorts and soaking up that liquidity. However, there is bearish power so price breaks that order block, becoming a breaker block. At this point we put in a sell limit at the 50 % fib level of the bullish engulfing of within the block. P.S. There's more to a sniper entry when trading blocks, but this is just a brief description. SL placed above the block, I placed it above the bearish candlestick that broke previous resistance to create a perfect 1:3 Risk to Reward with TP at previous higher low at 54.85.
TVC:USOIL
by MichaelDForex
Everyone looking to short the SP500 as we trade 2800. Not meEveryone and their mother is looking to short the SP500 today. Not me as we just ran the stops under that red line. I would be looking to take a daytrade once it trades above that blue box. If it stays under it sure we go more down. On the 1h is already showing signs of a possible retrace back and we got a 1h bullish RSI divergence to keep an eye on. So, in my opinion, watch everyone short the shit out of the sp500 and get stopped out on.
OANDA:SPX500USDLong
by Civel
Untested Weekly lvl right above where lots of stops areLike always FOMC gave the markets LOTS of volatility. To me, DXY looks bullish after the FOMC. We took the stops and shot right back up making a breaker on the 1h. that breaker is in line with a 1h/4h S/R line to. So you could long that SR/Breaker level or you could wait for more confirmation and look for longs above the orange line on the chart which is a Daily S/R level. This would also be a great level to add to your dollar longs if you got in on that breaker. When am i wrong? When it trading and closing under that 1 hour S/R level. We also got NFP coming on Friday but last time FOMC and NFP were in the same week NFP did not do much. So let's see if its the same this time.
TVC:DXYLong
by Civel
Equal lows on USDMXN asking to be taken out waiting for comfWe just tested the daily breaker and liq void got filled where USDMXN is now rejecting from. You could short it here but i prefer some more confirmation so i would like the 4h orderblock to be broken wich will then become a breaker and i will short the retest off that breaker into the equal lows. Those lows are just to juicy not to be taken as many people their stops our right under there. This is as nice as setups like this get imo.
Short
by Civel