Reason: Fair value gap Break of structure COT (smart money) has been closing a lot of short positions since last week this could maybe create a bullish scenario with news coming out this week for gold
Reason: Liquidity grab Break of structure FVG (imbalance) 1 Fundamentally CHF is stronger than the AUD 2. COT Data showed me that over the past week CHF has been bought by smart money and the AUD been sold 3. Retail sentiment are majority long on this pair Keep in note that price might drop further so if that happens adjust your fibonacci retracement tool....
Reason: Liquidity grab Break of structure Fair value gaps 1.Fundamentally EUR is weaker than the GBP 2. Retail Sentiment is more long this pair 3. Smart Money (COT Data) for this week showed me that they were more bullish the Pound and more bearish the Euro
Reason: Liquidity grab Break of structure Fair value gap (imbalance)
Reason: Liquidity grab Break of structure (MSS) Imbalance (FVG)
Reason: Liquidity grab Break of structure Imbalance A lot of EUR news this week so be prepared
Reason: Reaction out of 4H Orderblock Liquidity grab Break of structure Imbalance » Retail sentiment is 90% Long on USDCHF. So we want to be at the opposite side of Retail
Reason: Liquidity grab Break of structure Imbalances » Retail sentiment is 86% Long. As we know Retail usually lose money so we want to do the opposite of what retail does.
Reason for Buy: Liquidity grab Break of structure Imbalances in discount Entry: 0.75 level of the Fibonnaci Retracement Take Profit: Taking profit at the last swing high is ofcourse the most logical and safest option. But price could also go and fill the 4H Imbalance.
Possible shorts NZDCAD Reason for short: 1. Liquidity grab 2. Break of structure 3. Imbalances at premium level
Possible shorts on EURCAD. Entry on 0.75 fibonacci level this time. Entry price: 1.47103 Profit level: 1.45500 (53.5 pips) Stop level: 1.47638 (160.3 pips) R.R.R (1.3)
Reason for Buy: Look at chart Entry: I Always take entries with the 0.80 Level of the Fibonacci Retracement. This always gives me a deep discounted/premium entry. Entry levels: Entry: 1.25586 Stop Loss: 1.24999 Take Profit: 1.27935 Note: This week we have a lot of news coming for both currencies. so it is a risky trade overall but all my...
Reason for short: ---------------------------------------------------------------------------------------------------------------------- 1. Liquidity grab $ 2. Clear BoS 3. Imbalances at premium...