XRP has only just broken even with a previous buy trade banks had running, by them breaking even with this buy trade allows big banks and institutions to now put a huge amount of sell orders in. Price should go all the way down to 0.16$ to take out lows that still have liquidity. Furthermore, there is a lot of imbalance that needs to be fulfilled @0.22-0.21$ so...
Institutional explanation on reasoning of entry and target.
I have a bullish bias on EURUSD, however before we see this bullishness come into the market, I want to see big banks and institution take price down to @1.09500 to remove all liquidity from the market and use this liquidity to push price on EURUSD back up to 1.12400. Due to the Fibonacci extension lining up with my entry shoes that this could e a profit taking...
A detailed view point on where banks are taking their trade and why they are taking their trades. This all is institutional explanations and they strategy revolves around how banks use different techniques to show fake moves but they are only showing these fake moves so they can use retail liquidity to project the real move. Put SL 30 PIPS below entry.
Banks taking out retail traders previously with a massive bullish candle, however banks have not broke even with that manipulation spike yet, so we could expect price to come back and visit that area. Therefore, I am looking for longs on that pair.
ONLY ENTER IF PRICE COMES DOWN TO OUR ENTRY ZONE. STOPS SHOULD BE PLACED 100 PIPS BELOW YOUR ENTRY. POSSIBLE 1000 PIP TRADE IN THE MAKING.
EURGBP TOOK OUT LIQUIDITY ON THE 4HR TIME FRAME AND THEN DID IT AGAIN ON THE SMALLER TIME FRAME (30 MIN) WE MAY WITNESS A STRONG PUSH DOWN
USDJPY LIQUIDITY TAKEN OUT BUYERS BANKS LOOKING TO USE THIS LIQUIDITY TO DROP PRICE
DXY ANALYSIS INVOLVING KEY POINTS HEDGE FUNDS AND BIG BANKS MAY DO TO INCORPORATE NFP NEWS IN THEIR FAVOUR.
THIS IS USING MARKET STRUCTURE AND UNDERSTANDING HOW BANKS MANIPULATE PRICE TO INFLUENCE RETAIL TRADERS TO ASSUME PRICE HAS BROKEN STRUCTURE, WHEN REALLY ALL PRICE HAS DONE IS BROKEN THE TREND LINE NOT THE ACTUAL MARKET STRUCTURE. IF WE BREAK THE PREVIOUS HL THIS SETUP IS IN VALID
IF PRICE GOES BELOW 0.86184 IF ILLUSTRATES MARKET STRUCTURE HAS BEEN BROKE AND THE TRADE IS NO LONGER VALID.
ILLUSTRATING A IDEA BIG BANKS AND HEDGE FUNDS MAY USE TO CONTROL THE PRICE OF EURUSD