Expection : After manipulating major area of retail support, I believe that GBPUSD will reverse and target the areas of Equal Highs that has been left behind on top. Only if the level of Equal Highs on top is reached I will then be looking for shorting opportunity. Supply&Demand Perspective : Area of strong demand which the market hasn't mitigated before is...
Expectation: Stop Loss Hunt towards the Major Support Level Trapping Retail Speculators. Approaches Demand Level Below then convert Sell Orders to Buy Orders Most likely to manipulate the range lows at the start of London session and swiftly move away Beware of Demand Zone highlighted red above as this could provide some resistance and prevent the market...
Sell setup using harmonics patterns. Formed a shark pattern. I had my original entry above but had to enter it from the test. Take profit 1 : 1.91034
Stop loss vicinity: 0.89940 Take profit 1 vicinity: 090400 Harmonic shark pattern indicating bullishness on the EURO against the Pound.
Use of smart money concepts, price action etc to come up with trade ideas. I will keep you updated on the situation.
SOLD NZDCAD with take profit until the imbalance candle below with 10:1 risk reward ratio. I will be taking partials throughout the expansion movement to the downside off from the accumulation of price which was my point of interest. If this happens, series of lower highs and lower lows will form indicating trend reversal for retail traders. Also there is...
The market could potentially move to the 77 psychological zone which has area of imbalance then would show instant reaction to the upside and drop further. 4:1 risk ratio can be potentially extended to taking into consideration retracements. Take this with precaution as the trade can drag into the weekend. I often keep my stop very close to my entry, maximum 20...
cadjpy analysis using smart money concepts, if you have missed this there is possible buy re entry below for continuation of the bullish trend
This prediction is using market Geometry , EURGBP swing trade is possible long for take profit before the markets close on friday end of new york session. I have coupled this analysis with RSI indicator which shows divergence, liquidity, price action institutional trading smart money concepts.