Institutional
AUDUSD SELL projectionI have my KL on 0.73265 that has respected the zone for a sell BIAS.
On the top of the KL is resting a big liquidity pool ready to be taken.
What i"m looking for...
Im looking for price tap my blue POI that is a 4h OB , take liquidity + mitigate the OB for a reversal.
As we can see my next TP will be bellow the daily LL that is close to my previous discontinued red line, that is the 50% of the KL range (A strong reversal point)
BTCPlease like my idea if you agree with my analysis, share it if you believe the same, and comment for your thoughts or questions. I appreciate you all.
Observation
1) Market in a downtrend since September 27th, 2021.
2) Previous market low violated.
3) Measurable selling pressure at the break of structure.
4) Current break of structure (previous market low) still being retested.
5) Bearish momentum candles which represent smart money attempts to make the price reach lower, theoretically.
Conclusion
The market is still in a downtrend as we can obviously see the bearish order flow.Now in opinion look for short opportunities. A good rejection at the current zone would represent a sell signal, with two possible next targets as marked on the chart. This is all based on my opinion and my personal analysis.
EURUSD INSTITITUTIONAL ANALYSIS (PRO)The market is currently bearish and we expect to see more bearish pressure on market open come Monday 20th September.
Basing some of this analysis on EURUSD futures contracts, we expect to see slight pullbacks to 1.1800 and later possibly to 1.1940 region before we can see any further continuation to the downside.
TIPS:
//FOR DAY TRADERS//
---WAIT TO SEE WEEKLY LOW FORM BY TUESDAY MARKET CLOSE, ENTER AT AN OPTIMAL "LOW" PRICE AND ENTER LONGS WITH YOUR FIRST TARGET AS 1.1800 AND SECOND ONE AT 1.1900
---------CHECK ON WEEKLY NEWS TO ENSURE YOU'RE NOT CAUGHT ON THE "WRONG SIDE OF THE MARKET" AS YOUR GURUS SAY.
----ONLY ENTER TRADES WITH CONFLUENCE.
//FOR SWING AND POSITION "WHALE TRADERS"
----USE DXY CONFLUENCE.
---------DXY LOOKING BEARISH THEREFORE WE EXPECT TO SEE A FURTHER RISE IN EURUSD AND THIS WILL BE A HALLMARK ENTRY RIGHT AT THE CURRENT PRICE. TARGETS OF A RISK REWARD OF 1:3
GOOD ENOUGH TO TAKE YOUR ENTRIES ON A LOWER TIME FRAME I.E., 4 HOUR FOR OPTIMAL RESULT AS WELL AS A CONFLUENCE CONFIRMATION BEFORE YOU HOP IN.
//KEY NOTE: STAYING CASH IS A POSITION TOO, QUALITY TRADES OVER QUANTITY TRADES//
//FOLLOW ME FOR MORE . YOU CAN SHARE A "CHEERS" TOKEN IF YOU WANT ME TO KEEP UP WITH MORE DETAILED POSTS LIKE THIS//
HAVE A LOVELY WEEKEND AHEAD AND ALL THE BEST IN YOUR TRADES MATES.
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.