Our trendline has not been violated. No entry has been made
As we can see, price fell this past week because of an order block (which was signaled by the manipulation that occurred at around 1830). Price then brokedown and came back to retest the Order block zone, giving us confirmation and an opportunity to open a position. An order block has been formed again on the M15 and I'll be waiting for price to retest the Order...
Here we see price has jus begun an uptrend (trendline break and retest), and has created an order block and moved from it. Needless to say, structure has been broken as we see higher lows and high being formed. Generally, our expectation for price is to retrace back into the Order block zone (at least to the 0.5 ), thus giving long position opportunities....
*Disclaimer* This is not financial advice. Forex trading is risky. Trade at your own risk. #Trade_Like_A_Magnate
As you can see, price dropped from a very strong order block around 125820, after breaking out of a bearish flag, followed by a strong trendline break. Im hoping to see price go even lower after that rejection on the EMAs. I am waiting for price to close below the current zone to open another position. *Disclaimer* This is not financial advice. Forex trading is...
The original idea was posted yesterday. *Disclaimer* This is not financial advice. Forex trading is risky. Trade at your own risk. #Trade_Like_A_Magnate
"Redbull gives you wings" ... Lets fly *Disclaimer* This is not financial advice. Forex trading is risky. Trade at your own risk. #Trade_Like_A_Magnate
I am currently holding three positions on Gold (1 initial entry and two positions when price created a swing that meets my entry criteria). I am hoping to scale in and also make another final entry when price closes above the current zone. A break of the triangle pattern with a momentum candle could give be a confluence that price is continuing up and willing to...
*Disclaimer* This is not financial advice. Forex Trading is risky. Trade at your own risk. #Trade_Like_A_Magnate
*Disclaimer* This is not financial advice. Forex trading is risky. Trade at your own risk. #Trade_Like_A_Magnate
Opened a few short positions throughout the day, and held them. The goal was to open another entry upon the violation of the H4 trendline. I missed this entry but no harm done. I have two potential moves in mind. 1. Price may retrace bank to the trendline for a retest before continuing down. 2.Price may break below current support (maybe retest) and continue...
For those who missed entries a few days ago and today, this could be a perfect time to enjoy the last ride. *Disclaimer* This is not financial advice. Forex trading is risky.