Recent price action is not bullish on the lower timeframe. I think it will need to fill in at least a portion of that gap/liq void. I would be looking to short under the red line and target the 8200ish level. The idea is invalid once we trade above the blue box/order block.
Buying the monthly breaker that’s confluent with the 70.5 retracement level. Aiming for the next zone of supply that hasn’t been hit just above the last high. This idea is based off the monthly chart so I’m expecting targets to get hit towards the end of the year. A strong monthly or weekly close below the 79% level at $7.20 would invalidate the trade.
Reacted of good from the breaker and broke an important 1h S/R level. I think it is ready to up about 20% will be taking full profits at TP
Longed the weekly breaker, aiming for the untouched supply confluent with the 1.27 level.
Like 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...
Taking this long setup on the cable. We have filled in the gap we are testing the Daily breaker now which is bullish. But there is a nice level (8h breaker) in the daily breaker. Wich i expect price to go to before going up. It makes perfect sense if you look at the DXY where i expect price to go up a little more to fill in that liquidity gap where price traded...
We 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...
I will be longing NZDUSD ere once we get above that blue box which will be a 4h breaker once we broke above it. It has confluence wat a S/R level that i did not put on the chart. We got equal highs and a liq void (the green box) as obvious draw where the price should go for the target.
Stops got taken on the DailY where it then reacted from a 4h tiny untested 4h level. as you can see it also took at shorter-term stops on the 4h/1h. This combined with this bullish MS and my bearish BIAS on CHF I think this is a nice little long idea. Will look to compound this trade above that 4h (future?) breaker that ran out the daily lows.
To me it looks like CHF want to go and fill in that big gap just like the EUR already did. Reasons for it to back up this idea: - Well Gaps like to be filled most of the time - HTF Bearish MS now testing the 4h -OB - You say they ran stops above that 4h ob tight before we dumped so that is bearish - Stops ran on the 1h double top (you would see it better on...
Shorting here on the 1h/2h breaker price compressed up now broke MS as we made a breaker on the 1h sold the retest stop is pretty conservative as there is some news coming out on NAD and aud do i do not want to get shaked out. I will be looking to add to my position under the 4h breaker if it gives e the chance.
- I was already in a long for ONT which i called on the cryptology discord: discord.gg . - I still think we have more upside in ONT and i will be looking to add on above that 1h breaker which would give me a nice 4r trade. If target gets hit this would mean a 12% increase of my trading account as i risked 2% on the first entry and i am looking to add 1% risk on...
WEEKLY Chart Bearish Breaker tripped Expecting 249 to hold over the next few months
On the daily view(below), we can see that we've broken past the block that sent us down initially. If we zoom in on the 1H chart, we can pinpoint a 1H breaker which falls right around the middle of that daily block, and withing the optimal fib retrace zone. We should now be aiming to fill that small gap we've left on Monday open, and attack the next daily...