EURUSD has played out as analysed in the previous post ( Check Related ideas). Nothing has really changed despite the messy price action because everything in the market is DELIBERATE: if you pay close attention you will understand the HOW and the WHY. It is always good prctise to hold until SL or TP and manage it inbetween. Goodluck!
NZDUSD is at a KEY Level (Bullish Order Block) where we are expecting a Bullish MM Reversal pattern. There may be a short move to go below the current low to raid the liquidity underneath the lows before we go up. This means that SL might need to be a bit bigger or be very clinical with entry in the lower timeframes (15min, 5min).
We have had some muddy price action since the previous post (linked on Related Ideas) but the general bias has not changed on this pair; we are still waiting for that bearish move. It is best practise to let your trades hit your set SL or TPs while managng it in between. If you can resist the temptation to keep fiddling with your SL and TP for long periods you...
We do not trade trendlines but if I did this is how this chart would look like.This denotes the long term bias of the short term buys taken last week. You can use this for CONFLUENCE to give yourself confidence in holding the long positions. Merry Christmas and a Prospeous New Year!
Another buy entry at current levels on a 15min chart. There is a method to the madness. Gooduck!
UK100 has created a sell profile again. Note: This is a second entry after the initial longterm entry.
This pair looks BULLISH in a the Longer time frames (W, D) but it seems to be struggling to break structure that confirms the bullish bias. There is a likely short term SELL opportunity that is currently present. The other option is to wait for the market to continue accumulation, break out of structure and then find an entry on a retest. Goodluck!
Key level reached which is an ideal area to sell with a tight SL. Goodluck
Crypto is overally bullish so the buy signal is for a short term trade given the conditions have been set up for BUYS. Good luck!
USDCAD is bearish at current levels. This is happening after a retest of a key level after breaking of structure. We are aiming for a modest target of 1:5 Goodluck!