On break of trendline support with an engulfing, we might see it drop all the way to 1.26000
The recent changes in trend to upward move, price mitigate to the order block, a good confluence for another long push to the upside.
after multiple break of structure to the up side, we might see price retrace back into that order block before pushing further higher.
After holding the trades for 3days, check on my previous post to understand the reason behind my entry, kindly like and follow
Am already buys on the current movement, am gonna hold as much as i can
After the long waiting for market to come back to the +OB the second time, am already in, lets see how it goes. I have stated the reasons behind all my entries since last on my previous post, please kindly check and follow me also. Like and subscribe to my social media platforms
Just like i said and indicated on my previous post, if you dis not get the first entry, wait for the second movement back to the order block or the fair value gap before the +OB, and then push the buy button .
Soon as market price touches the trendline and FVG, which makes it an added confluence for the bullish setup, am going in hard. that's a swing point right there.
Over all bullish but am selling to buy, taking advantage of the retracement
After taken out highs, price has not yet mitigated the OB that caused the move which broke the previous HH on higher timeframe.
i will wait for price to hit supply zone retrace back into the bullish OB before taking buys to the upside
in this video, i describe the storyline behind the projected zone, how we are likely to see eurjpy sell at the zone.
Support turn resistance, this happened in the past, nfp might push it lower breaking the recent low of tuesday.
This is for educational purpose, trade at your own risk
this is just a retracement, we should see sterling drop further down during london open, taking out asia lows and previous day's low.
Apply proper risk management on this one, we are likely to take out asia highs and also fill in the imbalance on 4hr time frame
we have a strong trendline resistance and also FVG at the trendline resistance.
Am going short due to long term resistance zone and also 1hour order block