Considering the Monthly curve and the current trend make this trade is a solid opportunity, our zone is on 4H TF. and our Profit is just before the next Supply zone on D TF.
The reason why i long instead of short in this trade is because the D TF is respected and price couldn't break any demand zone. Our trade is on 30 M TF, you can cover the pivot if you want, but for me is too large to cover.
this trade is a bit risky because it already tested shallowly. i considering this trade because the price has not make a decent move. if the price comes to our zone directly we will take this trade as if.
Currently, we are on the tested M Supply zone. i believe the M supply is no longer valid due to multiple tests. and considering the momentum right now it will be better to search for a long opportunity. our zone is on 4HR TF. this is a high-risk trade.
Our trade today is on EURGBP 4H TF, on monthly and weekly TF showed strong rejection on the downside, because of that i'm trying to ride the wave to the downside. on 4H TF there is a good opportunity to do short. our trade is 5 to 1 trade.
By considering huge wick on W and Monthly time frame clearly show the bear is coming. in addition double top is formed in W TF. our zone is on 60H with W as a curve. this is 5 to 1 Trade
considering we are high on the curve and huge bearish momentum. I consider taking a counter-trend trade here. we are not officially on a bearish yet, but I think the bear is stepping here by seeing huge red candle on daily TF. our trade is on the 45 min 12 pips zone. I suggest your broker doesn't have more than 1.2 spread on this trade.
The curve on W TF but there is a high possibility to break the curve knowing the current trend is so bullish. Our plan is to go with the momentum and TP in 1.4385. It's a swing trade.
Knowing there is a huge imbalance shown by the wick. i would like to set a short set up on 30 min TF. there are 2 TP in this trade TP 1 is 1 to 1. T2 is on 1.5375 just below fresh daily demand
In weekly and daily it shows clearly there, bull is stepping up indicated with huge wick on D and W TF. so my plan here is to find long opportunity and found one nice demand on H1 time frame. knowing its counter-trend i only set 1 target. It will be quick 1 to 1 trade here
In eurjpy, i see the price will break through and make new lows on W TF. My plan is to try short on H1 TF. found a little nice supply with a nice move line up with resistance. My zone is from 118.08 - 118.74. here is the plan. if the price coming back up now without breaking the low. i'm gonna take the short with TF 1 on 117.40 and TF 2 trailing SL. if the price...
Monthly and weekly currently testing to break new low. high possibility to break lower considering the trend is down at the moment. my zone is in daily TF 107.09 - 108.70. So here is the plan, if price comeback up without breaking the low we will proceed the trade as if. set TP on 105.44. but, if the price create new low then come back to our zone we will set the...
