Breakofstructure
EURUSD Idea 9/28/2021Hello traders, this is an idea for EURUSD. Currently waiting to see how the daily closes. If price closes above and respects 1.16700 - 1.67800 then a clear double bottom on the daily will form and could possibly create long opportunities.
Price failed to create a new lower low.
There was also a break of structure.
Possible 600 pips…
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Trade responsibly.
EURAUD Channel Breakout in 4HThere is a good opportunity in making with good risk to reward ratio. As you can see there was a upward moving channel with seems like a consolidation on Daily time frame with the breakout there is also the breakout of structure and the price has come to restest the order block.
Remember, do your own analysis and homework before taking any trade. These ideas are to teach you how things happen but nothing in certain in market.
Thanks......
EURNZD Analysis 9/1/2021Hello traders, this is my analysis on EURNZD.
Over the past few days EN has dropped over 400 pips. I think it’s time for a reversal.
There is a 4 HR Double Bottom. Also a break of structure indicating a reversal.
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Eg.2: Viewing Break of Market Structures as Broken Expectations Another example of how market structure breaks can be viewed from a perspective of broken expectations of either parties (buyers or sellers). If you were a buyer or seller, where would you be getting involved? Had you gotten involved, would your expectations have been met? If not, how violently were they broken?
Viewing Break of Market Structures as Broken ExpectationsBreak of expectations is a perspective from which I look at market moves a lot of the time. Broken expectations manifest in the form of broken structures. It's the same thing, but just another way of looking at such moves which makes the liquidity story a bit clearer thereby inducing more confidence in taking trades off these zones. Obvious trend continuation zones, when broken, catch many a trader offside. These make for high probability trade locations (for trades in the opposite direction).
GBPUSD August 9th-13th SetupPrice broke Structure on 4H from downtrend to uptrend. Price creating Bullish Flag pattern a sign of continuation. 1H Bollinger band and 4H Bollinger band squeeze (impulse move coming). 4H Bullish Divergence created. Looking for next 4H structure high around 1.41193 which is also next Weekly Pivot level.