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Forex Analysis on CAD/JPY - ICT ForexThe CADJPY is bullish in the long run but there might be a little retracement to the 50% of the H4 bullish order block correlating with the H1 bullish orderblock as well. After taken out liquidity from the downside it began to push up. But note, there is a lot liquidity lying on the downside which price action might take out. But I actually expect it to return to the H1 order block for the procession of the bullish move. Notwithstanding there might be a drawdown because of the liquidity laying at the bottom.
by UnknownUnicorn12056239
Forex Analysis and Free Signal on Eur/Usd Using the ICT StrategyThe EUR/USD is bullish on the long run though but we can as well trade the retracement to the downside before it might now go up. I see a bearish breaker on the H4 timeframe and then a retracement back to the bearish order block. But before it actually happened there was a stop hunt or a turtle soup sell model prior to the break-in market structure. After the break-in market structure, it was now indication for us to take a brief sell but we have to wait for more confluences before can take the trade. And one of the confirmation is to wait for the price to return to the RTO and in this case a 50% of the H4 -OB and the H1 OB. Not only that, as the price traded to the H4 OB, we went to the lower timeframes to look for entry i.e similar occurrences before placing a trade. You can share this idea with your friends.
by UnknownUnicorn12056239
Forex Signal and Analysis on GBP/AUDI looked at this yesterday and shared it with the DT Academy students, I decided to share this with you all. After the break-in structure from the upside, liquidity was hunted lower and there is now a break in a market structure that makes it viable to enter the trade once our requirements are met. Since liquidity has been cleared we wait for the price to go up, but we're actually riding it to the upside once it returns back to the 5 minutes order block. That will be a retracement we should take the trade from. The 5 minutes order block on this GBP/AUD is in line with the 79% Fib level so we wait for the price to give us what we want then we're definitely good to go.
by UnknownUnicorn12056239
Free Forex Signal and Forex Analysis on CAD/JPYThere is already a shift in market structure based on the 1-hour timeframe, Hence, we expect the price to go to the downside to at least the 79% Fib level. We want to see the price meet all requirements before thinking o taking trades. Based on the H1 analysis, there is already a break in market structure also which indicates that price is about to change direction so we wait for our confluences to enter the sell trade. Since we have seen a shift in market structure, or a failed swing, as well as a breaker, we wait for the price to return to our point of interest which is return to breaker or return to order block. But in this case, we wait for a return to order block and in this case, we will be waiting for price to reach the 5 minutes bearish order block then we will be looking to go short.
by UnknownUnicorn12056239
is this what i think it is? (Descending triangle breakout?!)Over the last few days the USDMXN pair has developed lower highs and is showing signs of an early development of a descending triangle pattern. Being that this is coming off an uptrend, we can assume if it has at least 3-4 taps on the support/liquidity zone around 20.10 , it can go from 20.10 on the last tap straight into 20.85-21.00 , given that the extension of the breakout is usually around the length on the mouth of the triangle. Hoping this plays out as I did hit a stop loss on my previous analysis of shorting the peso into 19.50. Previously I failed to mention what could happen if this reverses and breaks the 20.10 level, if it does happen to reverse on our call, this can also break the 20.10 level, plunge into 20.00 , back to test new resistance of 20.10 then down to the next heavy level of resistance at 19.90-19.80 . Stay alert, take my analysis with a grain of salt, and lastly, lets get this smuddy. LOVE Y'ALL! - Lui Entry 1 TP1 (LONG) 20.09 20.40 Entry 2 TP2 (SHORT) 20.40-41500 20.10 Entry 3 TP3 (LONG) 20.10 20.80-21.00 PS, I've linked a reference for you all to check out on how the pattern looks, how it can play out if it does develop. Also each one of the trades I take has only a 1% Stop Loss in case the markets do not move my way.
Long
by luitrading
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