Slowly but surely, EURUSD Bearish momentum is kicking in. We can see smooth bearish order flow on lower TFs and continuous break of lows. Although, there's a 30min unmitigated ob, I'm expecting a minor bullish retracement there before continuing the original trend. But the pair is bearish long time NFA...
I forgot to post this earlier, hopefully someone can still take advantage of it. NFA
I'm not getting full confirmations yet, but due to the massive market inefficiency and the aggressive way the bulls are trying to fill it, I think the 1h POI is a good place to short . Confirmations for this trade are: -- In line with the trend (Bearish) -- Massive Fair value gap -- BOS to our desired direction
EURCHF has been playing nicely below our interested OB creating liquidity. We also see a bunch of equal lows signifying bearish momentum soon. Also, I think EURCHF is clearly overbought and the bulls are getting exhausted. Order is placed, hands are tied, let's watch market do its thing. SEASON GREETINGS TRADERS!
This trade could've made my holiday a pleasant one(lol), but I wasn't that patient(now learning to be). I made my final analysis on Nov 10, 2022, I closed my positions on Dec 10, 2022(waited a whole month for a trade), and now Dec 20, 2022, trade smashed tp going above 500pips. Am I pained? Yes, I am. Have I learnt the art of patient and trusting my instinct? Yes,...
Remember NZDUSD Long i called last week? Congratulations if you took the call.
We can see a bullish structure shift in NZDUSD on the daily TF coupled with wyckoff accumulation schematic. Once the daily OB gets mitigated, thats a good sign to find long entry.
Over the weeks, we've witnessed BTC traded in a range, that is, buyers and sellers catching the market in a 50:50 position. But recently, a new formation of higher lows are seen creating an uptrend. If this movement persist to $40,000 and a break out occur, BTC will record a new ATH. Till then, find a good entry point to Long a position.