Upcoming SMC (Smart Money Concepts ) trap as this turns out to be an order block (We may see a reaction here pushing price down in order to attract more sellers to generate liquidity to push the market further to the upside as ) as professionals will be looking to get prices at a discounted price to scale in further on their already existing long positions
Am looking at buying GBPUSD ... waiting for a price reduction into the previously formed demand retest will give me opportunities to take long positions . to complete the last leg of a wave (impulse- correction- impulse)
possible price play out of EURMXN .. expecting the same market behavior like from 4 years back.. expecting a further drop to the downside before it continuing to the upside
possible price play out of USDMXN .. expecting the same market behavior like from 4 years back.. expecting a further drop to the downside before it continuing to the upside
we are in an uptrend and basing on structure we happen to have tested the previously formed demand to get the price to the upside we also had structural break to the upside on the 30-15 minute time frame giving us a confirmation of investor open interest we are expecting a reduction in price to attract more buyers to push price further to the upside We...
we are in an uptrend and basing on structure we happen to have tested the previously formed demand to get the price to the upside we also had structural break to the upside on the 30-15 minute time frame giving us a confirmation of investor open interest we are expecting a reduction in price to attract more buyers to push price further to the upside We...
this here is the expected price play out of EURCAD.. expecting to take long positions after this manipulation