Update from my previous view on EU, expecting two possible outcome. A buy towards 1.0600, for a sell if supply hold and the bears takes over. But a break above 1.0650 confirms bullish strength in the market and a buy up to 1.0700.
This is my view, kindly DYOR please!
Always wait for confirmation before entry.
Price is currently at a discounted level, expecting price to react to either of the POI below with a strong push to the upside, then we can see a set up, if not we remain bearish. Only take this trade when all your rules are met.
Not a financial advice, DYOR!
After a long week of bearish market caused by the strength of dollar index, we expect a bullish run on GU this week. We only see a set up when our daily demand zone refined to H4 is tapped and respected.
Note: we react and not predict, trade only what you can see and not what you expect to see.
Not a financial advice, DYOR! FX:GBPUSD
Looking to capitalize on the short term sell. Currently we are in a bullish trend, but I'm expecting a pullback before further expansion to the upside.
Always wait for confirmation before entry.
Not a financial advice, DYOR!
Price respected our daily POI with a push to the upside breaking the last LL, since liquidity has been cleared below, I'm expecting price to see price push up after a tap on our hourly zone to fill up the IMB resting above.
Not a financial advice. Kindly DYOR.
I'll only take the trade if all confluence are met. Kindly drop your thoughts below, thanks.
From the HTF we can see that we're currently in a downtrend, retail resistance building above creating liquidity and inducing early sellers. I wan to see a clear of the liquidity above and the 4H supply zone been respected before a posible sell.
I'll only take this trade if all my rules are met. Always wait for confirmation.
Comment below what you think guys!
I expected a run below to clear liquidity before the buy, and a run on the liquidity above for a possible sell set up. Not a financial advice, please DYOR.
Will only take this trade if it follws all my rules.
Kindly leave a comment on your thoughts too!
