Fibre
Lower prices for EurUsd Watching the level between 1.0460 and 1.0445 for a potential bounce, If we trade through that level we could get a trade back to it and offer a sell to take out the 1.0340 level. I'm Also watching the 1.0571 - 1.0544 if we trade back to it we might get a selling opportunity to take out the 1.0340 level.
EURUSD – SPOT: Selling From Inside Bar EURUSD – SPOT: Selling On A Breakdown Below The Inside Bar Pattern
Price Action: Price formed a Bearish Inside Bar Pattern just under the 1.1120 – 1.1284 short-term resistance area, overnight.
Potential Trade Idea 1: For more aggressive traders, we are considering selling on a breakdown below the current Bearish Inside Bar Pattern, whilst price remains below the 1.1120 – 1.1284 short-term resistance area.
Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Bearish Fakey Setup, whilst price remains below the 1.1120 – 1.1284 short-term resistance area.
WIll Support At 1.12500 Strong For Fibre's HL After Creating HH?EURUSD has created higher-high and now looking for a higher-low. Will the support at 1.12500 level be strong enough to cause the pair to be rejected?
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
EUR/USD Is set to form a double top on the daily chartEUR/USD is in a long term bear market despite last weeks rally.
We have already seen the immediate bullish structure break at the previous resistance, and the RSI retracement has issued a large sell signal.
We're looking for the EUR/USD to print fresh yearly lows and move closer towards parity.
EUR/USD Where next? Possible Bullish scenarioLooking over the daily on EURUSD, I noticed that it appears the ICT concept of the market maker buy sell model has been completed, This is something I need to revisit so that I can utilise better in my analysis however, From what I remember it would appear that all stages have been completed, Including the final "break of structure initial consolidation" stage.
Another thing to notice, This final stage on the right appears very similar in a fractal pattern to the original stage on the left. Notice the candles tell the same story in the same stages
1. Initial downward impulse
2. Consolidation (accumulation of orders maybe?)
3. A break of structure that would have taken liquidity (stops for anyone who went bullish and rolled stops to recent structure, A typical retail scenario)
4. Break of structure to the upside that did the same.
5. price runs above the relative equal highs and continues in the bullish trend.
Another thing to pay close attention to here, The green boxes through the larger fractal, these are imbalance candles ( an area where price was pushed through without the candles entire print being revisited for mitigation etc) Price seems to always return to these areas to draw on liquidity or re accumulate orders.
What is interesting is, On our last stage and recent two boxes, we have 2 daily candles that have these areas.
Does this result in EURUSD continuing to the upside from next week?
We will see, However, Some great points to visit here to refresh knowledge.
ICT OTE EUR USD - BACKTESTING when you are back testing, Make sure you are actually seeing what you are doing, its so important to look for things that you aren't necessarily trying to see, For example, I spend way more time studying my losses during a back test so that I can try to identify something that may have saved me from pulling the trigger.
but in this instance, Something I have never really spotted before with the OTE set up, Look at that correlation between price movement and divergence on the volume. Volume tells the story here, Price pushing hard to our level, Then volume strikes out, Unfortunately I cannot provide a lower time frame image, But feel free to look at NY session 10 NOV 21 and see it yourself.
Fibre Looks Ready To Rally To Mean, Sentiment Remains BearishEURUSD looks set for a short move to the upside as price now creating H-H and H-L. With this, EURUSD pair could possibly rally to 1.14500. However, longer time frame sentiment remains bearish..
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
ICT OTE example breakdown, Looking at the chart as evidence. here we go again another ICT OTE in the NY session.
I know the charts a bit messy so lets simplify.
1. Order block is in higher TF structure
GREEN BOX
2. we are working against a HTF trend (pushing up when the Daily and 4 hour bias is down)
3. We are at extensions of the Sunday range, (price is looking for that sell high discount)
4. price shows us it has the backing to extend back to mitigate the order
5. price hits the order, DISCOUNT, HTF BIAS IN FAVOUR 79 percent entry (some people use this as a more reserved entry, Even the 62 is still not stopped out, could have entered again at 79 better price depending on Risk management and your flavour.
6. short break of structure to upside again, Trend line broken and stops hunted.
7. 3-1 easy.....5-1 if you held it.
Simplify, Things are easier to see when you simplify....
money doesn't care about your fancy indicators or rituals or mathematical calculations, The trade is an investigation, The chart IS THE EVIDENCE LEFT IN THE CRIME SCENE..
ill keep dropping them in, so that people can see examples, Drop a like and let me know they are helping.
designate target, Aim ... fire.
Education - ICT OTE NY SESSIONHi all,
Just wanted to give another example, This one is one of the first that popped up while I sat down to back test today.
one of the reasons why this is such a strong example of how perfectly the OTE plays out is, the Sunday range is tested perfectly.
The Sunday range is set at the beginning of market open, Sundays open price is created, We move into Monday and price goes 1. AGAINST THE HTF TREND 2. into a DISCOUNTED SELL 3. INTO A LTF OB 4. INTO AN OTE OF A RECENT IMPUSE.
the excursion of this trade is well into the 10 RR as seen on charts, I personally only test to 3/1 and that ran perfectly back into the Sunday range, Which is EXACTLY what we expect.
it can be this easy, it can be this obvious.
GO WATCH ICT YOUTUBE!
EUR/USD Signal - EUR Sentix Investor Confidence - 8 Nov 2021EURUSD is trending to the downside today prior to the EUR Sextix Investor Confidence data which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has pulled back into structural resistance, and the trendline resistance lies just above. We anticipate downside into the 1.15100 level.
EUR/USD Signal - USD Redbook Index - 2 Nov 2021EUR/USD has made a retracement from recent lows prior to the USD Redbook Index data, which is a sales weighted index of over 9,000 stores. Technically the pair has made a retracement into structural resistance, and we have 3 bearish candles close on the 1h chart, a bearish confirmation pattern.
EUR/USD Signal - USD Redbook Index - 19 Oct 2021EURUSD is trending to the upside prior to the USD Redbook Index, which is a sales weighted growth index of over 9,000+ retail stores. Technically the pair has just broken a resistance trendline and we anticipate a continued push to the downside into the 1.1580.
EUR/USD Signal - EUR Industrial Production - 15 Sep 2021EURUSD is in a widening wedge pattern prior to the EUR Industrial Production data this evening, which measures the the volume of production of Industries such as factories and manufacturing. Technically the pair bounced from support two days ago, and we've seen daily candles form higher highs, despite closing down. The bearish widening wedge pattern is typically a bullish indication, and we are looking for a move back into the 1.1850 resistance.
EUR/USD Signal - EUR Unemployment Rate - 1 Sep 2021EURUSD has rebounded from the resistance trendline prior to the EUR Unemployment Rate data, which shows the percentage of the workforce unable to find work. Technically the pair has rebounded from the resistance trendline and the Parabolic SAR is now indicating downside. We are looking for downside into the 1.1714 level.
EURUSD Potential longLooking at a buy position from here once the 30m candle closes above this level of support.
This is a tricky trade as we are trading against the range on the 4h time frame, however as it is only a 10pip scalp it is not too unreasonable to make this trade, especially as a higher wick would need to form for the next candle.
This is a risky one, I will only be risking 0.5% because of the reasons above.
EUR/USD Signal - USD Jackson Hole Symposium - 27 Aug 2021EURUSD is trending to the upside today prior to the Jackson Hole Symposium, which is a forum for central bankers, policy experts and academics to come together to focus on a topic. Technically the pair is holding the support trendline, and we anticipate continued upside into the 1.1810 level.
EUR/USD Signal - USD CPI Data - 11 Aug 2021EURUSD is trending to the downside prior to the USD CPI data, which measures the change in price across a representative basket of goods and services, and is used to monitor inflation. Technically the pair is below the resistance trendline, and has also broken below a key support level. We anticipate continued downside into the 1.1770 level.