Looking for a Retracement around the demand area FOR a nice few pips in regard to a possible MSS shift for a retracement wave, shalom
Waiting for a break of the liquidity trendline and only enter on the retest of drawn resister or support price level
It's a simple SMC trading basic setup following the trend, I can conclude by saying we just broke structure and retraced to swipe liquidity and have tested the FVG where inside a MSS( Market Structure Shift) a CHoCH has already been verified
With a confirmation, we will be entering our long entry following the basis of inverse head and shoulder where liquidity is high and the price has unfairly distributed (FVG) and simply because the market is on a bullish trend
This is a simple long-term perspective formed by an old retail trader's patterns of a break and restest 0n the neckline
Looking at the current market conditions I can say the marketing is creating HH and HL, currently, we just finished a retracement and are about to start an impulsive move to the upside in the hopes of respecting the support and resister of the trendline.No much more to say here.
The market currently created a double top on a strong daily imbalance or rather a fair value gap, market just filed the imbalance for efficiency and created a double top in daily followed by a triple top on 4h after breaking the lower high, I believe the market is heading back there to retrace and create a resist to support flip/break and retest and for after that...
The market is currently on an upward trend and failed to break the LL of the movement when it was retracing instead it went to break the HL of the previous minor downward trend which I consider to be the retracement wave as for now I'm expecting a retracement as a confirmation of an upcoming impulsive move that will shoot up high. In 2023 NasdaQ will break hights...
simple channel trading along with a breakout of a trend within a trend
The simple beginner-old way of trading. A basic break and retest of a downward trendline.
Looking at the market. I can see that the market left some liquidity after forming a double top that was making the last wave of the retracement. (look at my last two ideas to see the retracement I'm talking about.) Now as the market has shown some sign of a change in trend (BOS & choch), I believe it retraced to close the imbalances on Daily Frame for efficient...
Don't have much to say here. It's just an old-school way of trading, the market has created a "W" pattern or you can say Double Buttom inside a range and the prince is sitting on a demand zone where they are too much liquidity and where buyers will re-enter and where the institutions left their buy stops, you can also confirm it with a Fibonacci retracement if you...
This is just a simple old way of trading with Pure Price Action. A long-term view of the Nasdaq. On a weekly time frame, it provides some interesting ideas for going long, let me start by stating that we are on an uptrend, and currently we just experiencing a retracement, a correctional wave. Some people explain it as a point where sellers are given an...
Price is going to crap some liquidity while closing the imbalances for sufficient price distribution and providing a chance for buyers to close their loss cheaper and sell their buys.
The market has been ranging for a day or two trying to push the price down leaving selling liquidity. Price just needs enough momentum to push the price up and grab liquidity.
the market is trying to break the order block but has failed and created a reversal pattern on a small time frame
The Market is Going Up to Grap some liquidity that it has left behind with A BEARISH TRENDLINE that was created last Friday as it has just created an inverse head and shoulder as looking at the relative strength indicator GOLD has too much strength
I'm expecting DAX/USD to gain value with momentum that will push down GBP making the Pair GBPUSD to loose value