This week looks promising for my type of setups, with both sell and buy opportunities presenting decent prospects. I’ll be waiting for high-quality lower time frame confirmations before taking any trades. Depending on which point of interest (POI) gets hit, I’ll adjust, but ideally, I’m looking to sell from the supply zone down toward the demand zone. Once price...
I expect price to push a bit higher to reach the weekly supply zone above. However, since price hasn’t fully broken structure and has instead swept liquidity at the Asian session high before dropping back down, this weakens the validity of the 7-hour demand zone I previously marked. Given the failure to break structure to the upside, I wouldn't be surprised if...
GU appears to be bouncing off the downtrend line looking for upside potential. Gu is holding is ground above the previous trend line this is the 3 target prices we are looking at.
Confluences - Price closed bullish for the last day candle, following FOMC - Large inverted hammer on the 4HR chart, also printed on the 10 EMA - Uptrend continuation, HL on 2HR chart
Hey guys, i'm bullish on this pair. I expect this pair to play out in either of the two ways shown in the chart. Incase those trendlines gets broken to the downside, my bias will change.
as we can see at October 18 this pair break up channel down pattern, and create a new pattern. With smaller timeline, we can see a new channel down almost end. If this small channel break, bullish setup at : opening : 1.2232 Stop loss : 1.2168 (64 pips) Take profit at : 1.2378 (146 pips) R/r ratio : 2.33
Small retracement and wait for better sell position at 1.272 fibonacci