


addicted2debt
DXY at higher timeframe demand, if it holds makes room for 98-100 area but limited upside since trending in an slightly descending channel.
Ahead of 14:30 News Event, Long idea from structural demand
structured entry, from point of interest
Market finds support- buyers becoming more aggressive - TP into Weekly Supply - on the back of higher growth expecations from CB and rising Metall Prices
Breakout Trade from Value, Euro reacting to Asia/ London Bids
Dollar continous to strenghten into year end, with risk off sentiment and Oil prices increasingly signaling doubts in global demand (growth) all flows into the Dollar
..where i expect liquidity to be sitting
SM sees this as an opportunity to get more people motivated to get on the short side as they usually do. So they can take your liquidity to build positions/ dealing with customer order flow..tight risk 7 pips best viewd through Range Bars
Long from newly created demand zone, Daily Up W Up only taking long trades
Long Euro from Structural Liquidity and Demand Zone from latest Balance Area
price tested value area low of 5 day composite (Balanced area yellow box), showed strength below asian lows from yesterday and ripping higher ! Low risk Entry 25p SL max, looking to get a 4+rr trade or better if Euro crushes higher trade safe.
textbook supply and demand trading setup buying at demand while price drops to our entry liquidity
Following Chart shows: Downbars in High Volume followed by a bullish reaction indicating some entetiy supports current price levels.
Following Chart shows: Upbars on high Volume followed by a bearish reaction indicating supply entered the market
Shorting EURUSD from H1 Structural Liquidity and Supply Zone right above SL, decent win rate would be above 50%
Gap Close didnt happend, failed Close = underlying strenght