Price is bearish on daily and also broke structure on 4H tf. Expect bearish continuation to fill downside liquidity down to support area
4H tf created a fake out having printed a long wick without a body candle closing above. Long wick on the other hand dignifying trend reversal for potential downward direction. If price breaks previous low, which seems most likely, we will witness a pullback to test support again. If support holds off price from further upward movement by closing below long wick,...
Looking at structure, inefficiency created and support and resistance, Price bounced off previously tested support and now moving up, Price have not yet established buy structure, but have the likelihood of price breaks above current level and pullback to retest support again. That will offer momentum for price to move up and hit previous resistance level as target.
Based on market structure, support and resistance, and fractal efficiency, Price tapped into previous resistance and couldn't break above it. Rather we saw a rejection that created lower lows and a tap in on resistance, showing we have a strong resistance pushing price down. As resistance have been retested, target previous support as take profit zone
Gbpusd has created a beautiful pattern based on structure, efficiency, support and resistance. I have charted the potential price direction and fractal based on market structure for you to take advantage of on market open and amass massive pay out.
Price created LL and lh breaking structure at 78964, then pulled back to for a retracement to gather momentum for a short trend. It earlier to swing into sell right now, a look at candle print out indicates upside liquidity is not yet fully taken out, which i highlighted with an arc, because of inefficiency created around 78924 up to 79172. Price will have to...
Price was making HH and HL, broke structure to create new low around 78704. Imbalance (inefficiency) was created as result of that break out, with upside retracement on going to fill that liquidity up to 79162. Expect massive downward movement as a result of large gap opened up by market structure and target would be 78026
EURUSD pair hit support which have been tested previously giving price solid support to go up. 04383/04445 are areas of inefficiency (imbalance) and price moved up to fill those area which created a little retracement to support area once again. Price got that momentum which will swing market to a new area of inefficiency at 04535, and a potential retracing...
Looking at the daily we are generally in a bullish trend but with a coming pullback due to break of structure created from the head and shoulders pattern created, before further upward direction. 4H broke fib overbought trend line with potential pullback. Hourly is within discount zone with a likely potential to break out below discount (63019). Price will...
Price broke point below discount area to make new low. We have seen a retest of previous LH area and a new low which signifies that area could be not hold for long trend. Price is in bearish trend and target is around 100k, but i prefer targeting a close above target. My tp is 101.231
BTC did not respect resistance but rather created a low and made new LL and LH. now price is about retesting that previous LH to fill liquidity, based on created structure price will continue it's selling momentum by making new lows, target is previous support at 96k zone
Price made LL, LH, retested LH area and broke it to hit my target at 48pips
Price also created two equal lows candles indicated by the two arrows on the chart. I opened a buy order seeing that and my target was hit
Price created two equal lows and that was an indication it was going to continue bullish movement. I opened a buy order seeing that and my target was met
If you took this trade with me, congratulations to you. It was an 80pips trade, all market conditions indicated the bulls will keep urging on. I closed half the trade manually and continued running the rest at no risk, though i was convinced it will my initial target