WK ST - Bullish WK OF - Consolidation (Wait for Expansion) DY ST - Bullish DY OF - Retracement (Wait for Continuation Break) Be safe
My bias on this pair is long. and it will be long until around June this Year. Study the price patterns over the years and you will get to this. in the meantime, trade safe.
WK ST = Bullish WK OF = Turned Bullish DY ST = Bullish DY OF = Bullish (Wait for Price to Tap into OB) Be safe
We notice a shift in Market sentiment on the 4 Hour. Once we get our confirmation, Then we can simply trade. The Idea is set. we are Bullish because the trend just shifted to bullish. Markets are now retracing for discount value then spring up. we wait for that confirmation then we can enjoy the benefit. Trade carefully.
Bullish Target not met. We wait for price to get liquidated. Then we can go long. until the daily Target is met
After what i posted yesterday, I have seen the momentum shift on this instrument. So i have placed my short orders on inducement zone and expect price to fall drastically when once it taps the inducement. We remain sharp while we continue to study price action. Cheers
With the dollar being bullish targeting the MN imbalance, I forecast that we shall have a small drop in the pound dollar possibly to grab liquidity before resuming its move up. However, we wait for the market to print to us what it needs. We follow price action. and when all confirmations are in place, we can now take the trades. For now, I am not engaged in any...
Wk OF = Bullish Wk Int = Bullish DY OF = Bullish DY Int = Bullish H4 OF = Bullish H4 Int = Bearish
WK OF = Bullish Wk Internal = Bearish DY OF = Bullish DY Internal = Cons H4 OF = Turned Bullish H4 Internal =Bearish Trade Smart.
I have placed a sell order on this trade. The Main goal is to attack the original consolidation of the MMSM. So I will be observing London session to keenly see the Order flow to the bearish side.
Price is still bullish. But we have started a correction phase. So we shall wait for price to get to our intended area before we can go short on a short term.
Market turned bearish from extreme premium. we shall be looking at price to head and attack the Monthly Lows. This is a long term trade. Be careful. Cheers
Order flow turned bearish and price reacted from the H4 FvG yesterday. So we are looking at shorting opportunities with a goal for 2RRR. Be careful and manage your risk.
I am still interested in bullish price delivery. We shall be targeting the daily FvG.
1. MN ERL Taken (OB) 2. Price headed for IRL 3. WK FVG Tapped & Reversed 4. Dy MSS to Bearish 5. h4 OF Bearish. wait for Displacement
Trade is already active and running. will be managing the trade as the trade pans out. Looking to attack the daily swing low or the rejection area. I am only risking 0.5% of equity on this particular trade.
1. MN ERL Taken. 2. Price headed to IRL MN FvG 3. Wk OF Bearish 4. Wait for H4 OF to Turn Bearish 5. Currently in Consolidation. Wait for Manipulation and then shift
Order Flow is still bearish. So i am more interested in short than going long. Trade carefully. Markets are rough