What the next move? When keep things simple, trading become easy. Enjoy upcoming week.
Triple top, Bearish Engulfing Candle, Market Structure... All engredients are in for a short long-term until the end of the week with the BoE in thursday. Lets go and see the result on Friday.
Some sellers are already in but they gonna be trap soon. Now the MM try to bring some buyers in also and then push the price higher to the order bloc zone before crashing it. Just wait and we gonna get a nice short later.
Look left for the order bloc, the Asian box and the stophunt. After all those market maket tools, we can short the market after waiting for some patterns.
After a push phase, there is always a pullback. In this case we are in pullback. Just wait for some confluences and short the market. We are around the golden zone of the fibo retracement, we are on a order bloc the we can wait for some patterns on the 15 min chart and short.
Lets wait for the break and retest of this level. If everything goes in our direction, we can take this simple trade.
Nice double top, break and retest of the neckline: lets take this one and see the result.
Order bloc zone, Pin Bar+Engulfing+pin bar. High volume. Lets take this 1/2 R trade and see.
Break of the consolidation, Bullish flag, Hig momentum, USDX bullish Sentiment. 1/2 R trade take. Lets wait and see.
Bullish channel, Bullish sentiment of the USDX, all price action confirmation. 1/2 R trade hit the TP
Always simple. Just trust the process. Price fail to make a high, push down and make a LH. All ingredients are in then let take the trake. NB: Note that yesterday up movment have to be corrected.
After an invert H-S, break and retest of the neckline, I took this simple 1/2 R trade. Lets wait and see.