In this trade. Price did not hold at 1.44600 area. liquidity pool at 1.44700 has already been filled. I am targeting 3 zones as my take profit. This based on my previous idea. Risk management is key.
Our previous idea: We have just rebounded. This provides us an opportunity to add more orders. I have linked the idea in this idea in related ideas section.
In this trade, I used PMT data. Shorts are accumulating in Volume profile DXM Dumb money index has confirmed bias as well
Our last trades was sl was hit. hence after daily close we will pump
Game-fi is still trending. SLP Looks bullish so is AXIE
This. will be big trade. Yesterday FOMC pushed the market higher. So I am expecting this trade to go all the way down since ECB has increased rates by 50 bps
we hit the 50 level fib. hence that means the bullish trend is healthy
At exactly London open we had some momentum. Therefore we shall see some movement to the top.
So yesterday our SL was hit badly but still the bullish momentum is strong. Expecting a pullback here. I have two targets for this.
We have two liquidity pools that need to be filled. We have a wick that needs filling as well. My personal trading mantra: all wicks must be filled.
Closing my previous idea at breakeven and taking a countermove entry
Sell setup: trade is in a small pullback trade is making lower lows hence a sell setup is valid.
We made a huge pump upwards, Now we might revert downwards
We just hit a very critical zone. There is still downside to cover. 50 pip stoploss 430 pip profit
WE MADE A PUMP DUE SOME NEWS YESTERDAY. BOJ Interest rates Now we shall retrace back slowly but surely
This pair went up. Then its started ranging. One weird behaviour of this pair. A distinct behaviour is that it takes time to move. but when it does its all flames. We must fille the wick above.
Game-fi is trending. Axie is on a pullback hence SLP might follow suit.
We have been bullish all week. We hit a supply zone and reverted down. Now there are wicks to be filled up. Bearish wicks tend to be filled than bullish ones The one above is bearish hence it will be filled