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Kenmiforex

GBP\UDS SELL SETUP @KENMI 1D Timeframe: Market structure has transitioned from a bullish trend to a bearish one. Inducement has been removed, mitigating the previous Decisional OB (Order Block). The price continues to decline. 1H Timeframe: The structure is breaking to the downside, indicating a bearish trend. We are waiting for the Inducement to be taken out, with the possibility of mitigating the recent High-Volume Order Block (HP OB). Upon receiving all necessary confirmations, we will enter the trade. Target: The low of the 1D timeframe. Best regards, Trader Kenmi Please be aware that trading carries significant risks and can become addictive. It's essential to exercise caution and never invest more than you can afford to lose. Remember, entering signals should be approached with careful consideration of the potential risks involved. Your financial well-being should always be a top priority when engaging in trading activities.
Short
by Kenmi
1
GBP/USD Buy Setup1D Timeframe Transitioning from a bullish to a bearish trend. Awaiting confirmation by the market to break the IDM (Inducement) level before proceeding further to the downside. Alternatively, managing overbought conditions (OB-s). 15MIN Timeframe Shifting towards a bullish direction. Looking for market confirmation to breach the IDM level before considering an upward move. Possible Entry: Consider entering a trade after confirmation through IDM breakout. These revisions aim to make the text more concise and clear, emphasizing the key points and actions to be taken in each timeframe
Long
by Kenmi
GBP/AUD LONG TERM SETUPHello traders, this is Kenmi. I'd like to share some insights on FX:GBPAUD , where we are currently observing strong bullish potential. 1D Timeframe - Bullish Forming higher highs (HH) and higher lows (HL) IDM (Inducement) successfully swept Decisional OB (Order Block) mitigated 1H Timeframe - Bullish Transitioned from a bearish market structure to a bullish one IDM was taken out, although it was not necessary Filled the decisional OB Successfully mitigated extreme OB 5MIN - Bullish Shifted the market structure from bearish to bullish IDM has been taken out Focused solely on mitigating extreme OB This revised version provides a clearer and more concise presentation of the key points for traders to understand the bullish momentum on FX:GBPAUD across different timeframes. SAFER STOP LOSS LEVEL:1.94136 Please be aware that trading carries significant risks and can become addictive. It's essential to exercise caution and never invest more than you can afford to lose. Remember, entering signals should be approached with careful consideration of the potential risks involved. Your financial well-being should always be a top priority when engaging in trading activities.
Long
by Kenmi
1