Price has reached the previous liquidity highs , closed with a strong H4 closure giving us that signal of buy orders not being fully taken out by bears so i am waiting for a tap higher atleast at the top of the liquidity zone to take a short before the high rejection.
Oil taping at $58.75 per barrel is the liquidity high where volumes of bears are expecting to get in, surely wont miss my order, price has already shown decrease in bullish momentum , great confirmation of a daily close below $58.25, so we get ready for that short. risk- 1% to gaind a reward of 4.64%, definetly a good trade. lets see it play out nice.
Shown the typical stop rally when turned into the H1 where but bulls got in after the chance of price tapping the golden fib ratio, but price had not finished its D- leg which is just done now ,we take longs at the specified price level $1462.25 with a target of 215 pips (the overall D- extension leg), in the fundamental side of things, DONALD TRUMP is...
Been a great pair last month, left it abit to breathe fro these two weeks of November, but it has caught my attention after seeing a good movement of market structure crawling to test the weekly demand liquidity areas 0.99275 which will act as the area of stops collection and that is where we want to get our SHORTS after proper PA. Currently investors are playing...
Regardless of the CAD news anticipated to happen later on the hour, the pound is stilll showing weakness despite the psoitive outcomes of the election debate yesterday. Posted in the premium group and now the entry point has been achieved, only barrier is 1.71500 which will act as our momentum seeker when bears manage to surpass that price level. targets as...