Broke the low of Pre NY and London LT is bullish On higher TF, a low is broken consistently and could project bullish As per plan, it would be best to wait till close above but because its monday it might have enough volume but as im writing this, i remembered that US is on bank holiday so maybe not.
CPI News incoming Broken the Pre NY Low In this move, we can expect choppy wick but direction will be DXY Strong
I decided to publish my ideas because I'm open for conversation with similar people. I currently work a 9 to 5 in London and have been trying to succeed with trading. I publish these ideas from the office as I don't have remote benefits.
Based on 5m tf OB and 15m OB. Price should continue bullish for a bit We just had a high broken then a low broken. Price tanked on 5min tf so let’s see
I think we will see a move further down based on: - Bearish Trend - OB hit before a move lower 27th Jan - Friday candle took buy side liquidity
Standard strategy awaiting a rejection of the 1H to confirm entry on the trade
Price has ranged between a support and resistance where a double bottom is formed. Caused sellers to be trapped and price shot back up to retest resistance on third retest (Ready to be broken) Could have entered earlier but awaited for a rejection confirmation >> Long bottom wick rejecting 103.500 where price was ranging Entered @ 103.520 and SL set Just before...
Price is expected to rise and touch the resistance line. If a rejection to the line is present, a SELL trade will be placed. Awaiting confirmation