USD/CHF: Bullish channel formationU.S. Dollar/Swiss Franc forming a bullish channel formation. At the moment, there's not entry yet.
But if you look in H4 timeframe, we forming a demand zone that I mark in this blue arrow with some confluence that USD/CHF could to forming a demand zone here.
For that, we would need to wait to know the price action!!!
Orderblocks
GBP/USD Order Block Zone On The Daily Time FrameHi Traders,
Looking at GBP/USD on the Daily today.
Notice the descending trend line since the beginning of the year.
We haven’t broken through this entire year and we have been making lower lows and lower highs all this time.
This means that my overall bias on this pair is still bearish.
I have marked up an Order block zone highlighted in blue.
If we see a retrace up to that zone, I will consider going short only if my requirements with volume are met.
This requirement is that the retracing volume cannot be larger than the bearish impulsive volume that sent the price down past previous support.
If the retracement volume is larger then I will have to re-think and perhaps start looking for long setups.
Trade safe out there!
The Vortex Trader
EUR/USD 1H FOMC TRADE ANALYSISHello traders, I will first preface this by saying trading FOMC is not recommended and this is simply a price action exercise. Moving on to the interesting stuff, this is what I see FOMC producing if we get a bullish leg first. Price will likely run up towards the low of the bearish mitigation block seen on the daily chart, this block contains an hourly bearish order block where institutions can add onto their already bearish positions. Volatility will most likely be extremely high with this FOMC announcement, therefore if price does go according to this analysis we could see targets for partials at 1.03578, 1.03341 and if price really gets away the monthly bullish fair value gap could fill all the way to 1.02500. Ofcourse, price could simply immediately fall from its current price at 2pm EST and never give a chance at entry for this trade idea or the stop loss for this trade could be hit, this is trading, anything can happen.
P.S This post may feel rushed that's because it is, I wanted to get this published before the FOMC announcement. However, I will be sure to provide a more detailed analysis of my idea once I have more time. May the markets be with you.
EURGBP H4 SELL >>>>EURGBP Has Created A Huge Liquidity Pool Which the Market Should Needs to Grab. Above This Liquidity Pool there is A Strong H4 ORDER BLOCK AREA From Where we would see A Strong Selling Pressure . There is also Liquidity Under 3 Equal Lows so That's Why There are Many Confluences For This Sell Trade
THE BEST AREAS TO ACCUMULATE BTC I am excited to see BTC in this price.
Everyone who have experience in trading know this is the biggest discount he will EVER see.
I marked two major areas that will reverse the price.
Target 1: 19,600-17,700
Target 2: 12,000-10,000
whales will start accumulating BTC from those demand areas (because the Imbalance candles)
If price drop below 17,700 then the next target will be 12K-10K which also the strongest.
BTC is effected by the Dollar and the NASDAQ. This is the only reason for the bear market.
I am not reccomend using leverage for long term positions, like this one.
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Keep your trading safe👋