we know that under each double bottom there is liquidity also know as retail traders' stop losses. This is our target zone! Banks move in order to snatch the liquidity and then push price back up
price is likely to reach bottom liquidity where usually there is retailers' stop loss. After snatching the liquidity we might see a nice pull back continuing its uptrend
hello everyone! We can see that banks are in drawdown since they sold before buying. This means they need to mitigate their positions moving the price at least to 50% of the last bearish candle before the reversal. I will only enter the trade long if this happens
During the past week price has formed many many liquidity zones which are our target. We see lq at top and at the bottom, this is why we should pay a lot of attention to best follow the price movement without taking the wrong direction. I personally think that the price might snatch the top liquidity before falling down.
Hello everyone! This chart has recently shown 3 equal patterns, the price goes straight up and then retraces down in order to take retail sellers/buyers liquidity (money). We can identify 2 majors are where the price could reach during next week
Hello everyone! This is my vision using the Ichimoku Cloud on EUR-GBP... when price hits the support it should bounce back again #jackpotstrategy