Retail liquidity to be picked before a move to the higher price points as overall market trend is bullish.
Looking at the chart, we have a HTF(M30 OB),Bullish momentum is getting killed offf. Zooming in to a m5 tf, we narrow down to a beautiful OB that gives us a "Sniper" type entry with minimal SL,Drawdown and maximum RR.(8 and 9 RR). Comment on what your thought are and leave a like if you like my trade idea.
Smart money and patterns. Confluence is confirmation.goodluck. Follow and like for more content.
Smart money concepts applied. follow for more ideas and content.
This pair is at a key reversal point and this being the third touch, could be a multi touch confirmation if we see strong bullish monemtum cosidering price is still in an impulsive phase. For now though , we just wait and see how price reacts at that level.
EJ is currently at a key level showing very bullish momentum. if price is able to break the "resistance, we are good for longs , long term on this pair.
Price is currently in a corrective phase .We ect to see a third touch and a drop from the indicated level after which we enter the short on formation of a 1 hour flag.
GJ is still in a corrective phase and from the nature of market, we expect to see further upward momentum for now. We watch patiently and await to see what happens at the indicated value areas. Price action is King and will tell us what to do when price gets there.
Basic supply and demand or zones incorporated with price action. This is a game that rewards the patient. So be patient an let the charts give you direction.
This analysis is based purely off price action, historic behavior as well as current market structure. GOOD LUCK. As always, manage your risk well.
This pair has been correcting for a while and finaly we can see price might break the correction for a sell. Goodluck in your trades.
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For this trade , not much of fundamentals put in focus but based off the demand zones and price action, we see a decent buy opportunity for a good swing with a beautiful risk to reward ratio. GOOD LUCK - Manage your risk well.
Checking on price action we can tell where the market is headed. We only enter this sell if price retraces to the indicated zone. GOOD LUCK and watch out for news as always.
only major news is tomorrows Durable Goods Orders(Nov) and Non defense Capital Goods Orders ex Aircraft(Nov) . GOODLUCK. watch the news and re enter or hold.
We shall enter this trade only when price breaks the neckline of the inverted head and shoulders pattern. At 1.84504. Goodluck in your trades.