Based on liquidity pools above previous highs
Buying into an hourly bullish order block
Buy: 1.1774
Stop loss: 1.1754 (20 pips)
First take profit: 1.1824
Second take profit: 1.1893
Third take profit: 1.1974
Disclaimer: for educational purposes only
Short idea: 1.1920
Stop loss: 1.1960
Take Profit: 1.1725 (daily support level)
If price takes its time allowing retail traders to buy with the expectation that price will go up to previous resistance to 1.1950, it will like go down.
Short bias on the daily
Disclaimer: This is for educational purposes only
This is a short idea that relies on liquidity
After the euro dropped from 1.2100 the traders that missed the moved tried to get in on the short action, however price is rising to stop them out before continuing with the rest of the down move. If you think about the shorts that got in above 1.2100 and if they are still in the trade some of them would of moved...
This idea is only for those that are bearish over short term and think price is going down to 40,000.
Before price falls, it is likely to spike up taking the buy stops above the equal highs and getting break out traders involved before falling down to 40,000. As price fall's it will take out weak buyers that got involved above 40,000 and allow smart money to...
This idea is only for those that are bearish over short term and think price is going down to 40,000.
Before price falls, it is likely to spike up taking the buy stops above the equal highs and getting break out traders involved before falling down to 40 ,000. As price fall's it will take out weak buyers that got involved above 40 ,000 and allow smart money to...
This idea is only for those that are bearish over short term and think price is going down to 40,000.
Before price falls, it is likely to spike up taking the buy stops above the equal highs and getting break out traders involved before falling down to 40 ,000. As price fall's it will take out weak buyers that got involved above 40 ,000 and allow smart money to...
The price is likely to trade in a range for the next couple of months trading sideways as Commercial traders close out their short positions and get into long positions. Check the COT report over the next couple of months, they have already started the process.
The price will take out buy stops resting above 1.1990 before price heads down to 1.1400, patience will...
The price is likely to trade in a range for the next couple of months trading sideways as Commercial traders close out their short positions and get into long positions. Check the COT report over the next couple of months, they have already started the process.
The price will take out buy stops resting above 1.1990 before price heads down to 1.1400, patience will...
The price is likely to trade in a range for the next couple of months trading sideways as Commercial traders close out their short positions and get into long positions. Check the COT report over the next couple of months, they have already started the process.
The price will take out buy stops resting above 1.1990 before price heads down to 1.1400, patience will...
