BenGravis

BenGravis Updated 

Daily OB and grab of previous liquidity level. Seeking daily s/r levels as target. However if it fails we will see that monthly level which is huge support.

BenGravis Updated 

Potential bullish move if it flips grey box into support. Target would be our weekly s/r around 0.6.

BenGravis Updated 

Price action is slowing down on the 4 hour chart. It is painting a head and shoulders after a grab of liquidity.

BenGravis Updated 

Waiting for some more confirmation here at our daily s/r in a liquidity zone. Potential long might be triggered if the 4 hour chart slows down.

BenGravis Updated 

Watch closely how it reacts when it hits weekly orderblock.

BenGravis Updated 

High level of resistance. Market structure break. Break of trendline. Daily s/r. Liquidity grab. Pointing lower towards weekly s/r.

BenGravis

We moved into our weekly orderblock as a high level of resistance. The daily is painting a head and shoulder after taking liquidity. Target -0.25 and potentially lower as a reversal.

BenGravis

According to Elliott Wave, wave 4 should touch the trend-line taken from wave 1 to wave 3. We are now at the moment where price has touched the bottom of that trend-line. The moving averages on 4hr chart are of big importance. Price is currently touching the 200 Moving Average, this is one of my main indicators while trading. Around the 5th of October we had a...