.BEARISH channel formation .Anticipating breakout
My sentiment is quite straightforward. i anticipate buyside liquidity to be taken and for sellers to kick in to atleast the previous daily imbalance ( Rectangular Box ). ill be looking forward to how price reacts after the sweep. thank you.
Through the week anticipation has been high but nonetheless its best to trade what you feel comfortable with. Thesis outline; . 4h supply zone (where we initially started the bearish momentum) . various form of price action directed to the upside, i think the EURUSD might still be attracted to the 4hr supply zone . . Bullish pennant formed as seen on chart this...
This thesis is solely based on technical approach. The boxed overview explanation will be that i'm anticipating dollar to dump after this current sweep on the 4hour TF , advancing towards the downside im looking forward to price attraction towards the equal lows which in my personal experience holds valuable liquidity. i anticipate the dowside liquidity to be...
Looking at a number of things for this thesis , price action has been on a down side movement through April . Nfp came out better than expected and had an impact on the pair. I'm looking forward to price sweeping out the recent swing high on the hourly then advancing downwards. No financial advice, just my personal sentiment. Tell me what you think ,I'm open for...
Criteria for GU . breakout from the descending triangle . Entry point from 2hr candle( last bullish candle that broke structure to the down side) . Target point ( 4hr swing low) I'm looking to take the sell if price makes a valid retracement to the preference OB on the 2hr, things might be slow or not but I'm keen on sell for the GU as we anticipate NFP on...
Descending triangle. POI : 1hr block TP : 1h support Whats your take.
Price took out the recent high ,creating a valid 4h block for a possible entry model. Targeting the weak low.if the presented conditions are meet I'll be looking to go short on the $GU.
Time frame-> 1hr - 15min Liquidity levels-> 2 ICT inducement ($), gap after POI POI/Entry-> 15min bullish order block, valid sweep at the extreme , gap present before OB Buystop @ half the block, SL - below sweep candle TP - 1h bearish block
- Multiple breaks of structure to the downside. - POI is the last bullish candle before the impulsive move to the downside. - TP is the previous low that was taken out. A considerable RR. No financial advice, just my outlook. Let me know about yours. Bless.
The dollar index from a HTF (weekly), shows price approaching the weekly gap. And I as well anticipate price closing above the previous weeks high. Nevertheless on the 4h ,I'm looking forward to a slight correction mitigating the 4h block before advancing to the upside (weekly gap). The market is full of uncertainties, we should try and react to what the market...
A break of structure, a deep correction into area of interest. Noticing the sweep of liquidity before propelling to the upside ,that in my opinion is a valid demand zone in the 30mins (rectangular box). Im will be targeting the newly created high. A good RR of over 80pips. The higher time frames ofcourse, the emphasis based on the 4h. Which i used to ascertain...
The $GU has been on a down trend from the 12th of January till date. Judging from the 4h breakout, I was anticipating a deep correction into the 4h supply area before advancing to the downside . On the 2h chart is where I spotted a bullish engulfed candle stick, broke a couple structures an currently im anticipating price to retrace back to the 2h block . When I...
This is a clear breakout from this wedge on the EURNZD A valid retest as well. I'll be looking forward to how price reacts to the breakout on the hourly, nevertheless I anticipated the week to start bearish. 15min accumulation phase .stay sharp for this one
Im expecting a deeper correction into the areas of liquidity Such as the Internal inducement, gap, and block. In that scenario I'll be looking to go long targeting the external high. CPI came out better than expected, its only right to follow the bulls. Tell me what you think. Bless
Noticing at first how price took out the buyside liquidity witha strong candle stick wick and then the various lows taken out forming respective new lows . My area of interest is on the 15mins block . Which ofcourse on a higher time frame is strong area of supply as well. I expecting price to atleast fill in the block before advancing for the next low to be...
I'm expecting breakout from the current channel, for buys affirming the strong resistance turn support. This is all I dish out from this ranging market NfP is at the corner, trade safe Bless
Correction duration; since 28 dec 2023. Price approaching a stong area of imbalance( liquidity green box) I'm looking forward to the FOMC news by 8pm ,will a reaction play out. If price does reject at probably 103.032 region, dxy might as well continue its long term bearish continuation. My sentiment for the DXY drop might go on to 100.064. Tell me what you...