Notice a market structure shift in the daily chart, price retested many times lower prices but creating new higer lows printing new order blocks at 1H timeframe. The idea is buy GU at new hourly OB's. Target at mid term is level of 1:1 STDV of price delivery.
We are in a downtrend at 4h chart, so i'm waiting to price tap the 4h order block, then probably price will go down again to sweep liquidity from Daily lows.
Price is doing HH and HL at daily chart inside of this channel, so I expect price will rise to 145 area, confluence zone by strong supply zone and the top of the channel. Trade accordingly to your risk management.
GJ is currently moving inside the parallel channel at daily chart. For the next month probably will reach the supply zone pre-covid selloff.
Short trade idea, based on supply & demand zones. Daily reach a supply zone, and hourly chart too. So we have great RR trade 1:10.
Price is making a new HH HL on 1h chart. Based on supply & demando zone, there is bullish potential vias.
Hi, there is a Bullish setup based on supply & demand zones. Price is making HH HL on 1H chart.
Trade idea based on Supply & demand zones, and Morning Star pattern printed at Daily chart, this pair takes bullish potential for the next week.
Sell trade based on supply & demand zone at Daily TF and Hourly TF.
Daily rejection candle, so let's short the pair to the next support level, 1:3 RR.
The price tested the previous minium area (red zone), if the pair don't break the 129.00 probably start a new uptrend to 50% retracement fibo level.
If the pair don't hit the 1.11900 area, it's possible to re-start the long term downtrend.
The price breakup the triangle formation, then is testing the broked area that is the 62% fibo retracement.
For the short term this pair probably rise to 50% - 68% Fibo retracement. The price has broken the up trend line and double top has formed.