Price-action
Bitcoin Single Print and Buying Tail I'm looking at these trading points here to long from the Buying Tail and take it from there.
Ideally if we enter the upper single print area i would be interested in closing my long at the top of that single print and looking for a possible price reversal at that point.
Will GBPUSD RETRACE THAT WHOLE DAILY TF CANDLE IMBALANCE????????Price moves for TWO reasons
1. Liquidity
2. Imbalance
On the daily TF there is over a 200 pip IMBALANCE. (pull it p and see for yourself lol)
A retrace is due.
GBP should LONG to fill 45-50% of that imbalance.
My 1st TA is 45-50% of retrace into Daily Imbalance candle.
After that monitor the DXY closely to identify if she will continue the trend UP or CONSOLIDATE and break to the down side.
Never over leverage.
Trust your trade set up.
Have fun!
#TradingMadeSimple
EURJPY | NICE BULLISH MOMENTUM TO CATCH- EUR/JPY looks nice for a long trade opportunity.
- It's trending towards the upside on multiple time frames and both MA's are following this bullish momentum.
- We are seeing a 1-hour bullish engulfing candlestick to confirm our entry.
- Hedge funds are also signaling increased purchasing power for EUR...
Weekly Trade Recap: NZDJPY, NZDUSD, GBPJPY 05-28-22Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades closed this week between May 15th- May 20th.
NZDUSD: Closed down for +0.51% profit
Full analysis/forecast:
NZDJPY: Out for BE
Full analysis/forecast:
GBPJPY: Out for -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Next downside leg visualised on AUD/USD...After some recent success on this pair its time to have a look at the next forecast. 0.7100 seems to be an ideal region for the pair to pull back up to before taking another plummet lower.
The long term monthly downside target still remains at 0.6700 but we can see more manipulation coming around these daily moving averages. Lets see if we can get a further pullback before going short.
Still lots more of volatile US action in terms of fundamentals coming this week so make sure to trade safe.