Using Candle Range Theory - Weekly range formed, daily swept liquidity of previous candle and came back to range, need I say more?
Looking for price to go to above 66k, but i'm taking profits at range high.
Heyo guys it's me again,
There's a short opportunity on a intraday that could play out by tomorrow/wednesday.
Looking to short the OB- + FVG on the 4 hour, to fill up daily fvg.
Entry within the small tiny white box, exit 90% of position at 2400.
CLOSE THE REST AT 2390.
you have been warned
Expecting a weekly close inside weekly fair value gap. Idea failed if closed below.
Bounced off daily orderblock (for now) if things stay the way they are, looking to take profit at 2600.
Potential to break higher weekly highs before moving down lower (liquidity grab on a weekly scale)
EURUSD looking to pamp soon over the next couple of days/weeks with the first TP to be at around or under 1.07337.
2nd TP would be 1.07860, near resistance coinciding with swing low of previous range.
Stop loss would be under previous breaker candle - with this set up it would be a RR of 7.5 for TP1 and 17.5 for TP2. risking roughly 14-16pips for 150-200pips...
Price of SOL has broken upwards of the 4h range in the past few days which is where liquidity lies. A healthy retrace downwards of the range towards $88-90 is necessary to collect more liquidity before making a upwards move again out of the range to a higher high - expected next reversal would be around $167-$200.
Resistance of the price moving downwards would be...
