The GBPUSD is currently trading around the monthly demand zone. Sell side liquidity has been cleared and there is a bullish break of structure in the 1 hour time frame. i am now expecting price to continue rising from current level. I am looking at taking buy entries at current price (1.25) and around 1.22 (fair value gap area) should price drop lower. Stop- loss...
🔵 USDCAD TRADE UPDATE
Having missed out on the initial bearish move last week, we are now being provided another sell opportunity on the USDCAD. There is a clearer bearish break in the market structure after taking out buy side liquidity. We are now waiting for price to make a pull back to the bearish order block created.
Limit sell entry 1 @ 1.30228
Limit sell...
🔵 USDCAD TRADE UPDATE
Having missed out on the initial bearish move last week, we are now being provided another sell opportunity on the USDCAD. There is a clearer bearish break in the market structure after taking out buy side liquidity. We are now waiting for price to make a pull back to the bearish order block created.
Limit sell entry 1 @ 1.30228
Limit sell...
🔵 DXY PRICE FORECAST
The DXY has been on a rally to the topside for the past few weeks and a bearish momentum is expected to kick in as It has traded into our higher time frame area of interest for a possible sell. We are currently observing price action in the lower time frame for bearish break in market structure in other to make a good sell entry.Good sell...
After taking out the previous day's high (Buy Side Liquidity) of 1.30396, we are expecting a bearish move towards 1.293. Sell entry at 1.30331 and stoploss at 1.30736.
⭐ ZOOM OUT
1️⃣ When preparing to take a trade, it is better to take a broad look at the charts.
2️⃣ Taking into account the higher time frame charts, makes you see the bigger picture of the market structure and have a better bias.
3️⃣ Analysis carried out on the daily (1D) and
four hour (4H) gives you "stronger entries" and reduces the chances of having false...
⭐ DO NOT FOMO
💥The financial market provides trading opportunities every day.
💥Do not FOMO (Fear of missing out). Most often rather than not you will always be in the wrong end of a trade if you FOMO on it
🤔 What to do instead?
1. Remain calm, if you didn't plan the trade, let it be.
2. Ignore traders who shill trading opportunities without giving you...
After a long correction to the down side, GBPUSD seems to be having a bullish continuation with a potential swing failure occurring at 1.336.
Currently, the bullish momentum is strong and further upside is anticipated. There is a key level of 1.42425 and that is where I see price heading to.
A confirmation will be gotten if the trend-line liquidity is cleared...
After clearing sell side liquidity over a week ago, BTC is now experiencing a relief rally. However the entire structure is still bearish and a further downside is expected.
Price seems to be struggling to break the 40k level and a retest of the 33k level is anticipated. If this level fails to hold, we may tap into the key liquidity zone between 29k - 31.2k.
💥 There are varying concepts, strategies and ideas regarding trading. The primary objective is to stay profitable no matter the kind of strategy you use.
💥 Ironically some traders have this idea that there's one strategy that stands out amongst every other one out there. In my opinion, that's BS.
💥Anything and everything works in the market as long as it is...
💥 Am I the only who at some point while trading hoped for price to move in my direction or bias or rather open a position with mere hope and faith ❓... Certainly not. At one point or the other you must have done this and possibly still struggling with it.
💥Truth is, the market will always do whatever it wants regardless of your strong hold, hope or faith in...
XAU is currently struggling to keep its bullish structure and resilience due to a strengthening USD. Price just rejected off a bearish order block in the supply zone of 1850 -1860. The reaction was strong indicating high selling pressure. A potential swing failure has occurred and the trend may become bearish from here on.
We are however anticipating a pull back...
EURGBP is still very much bearish and is in a critical zone. This is a potential liquidity zone if we examine the charts from the daily time frame (0.8300), a level that has been protected for 23 months. Smart money will be very keen on taking Sell side Liquidity to activate stops at this level. We are anticipating a big flush to the downside, however if there’s...
USDCAD has a bullish structure, however price has moved into supply territory with a bearish order block. Price seems to be struggling at this point in lower time frame and a mini bearish move is anticipated. Expect price to pull back to around 1.25726 - 1.26317, before bullish momentum kicks in. However, if this region fails to hold, our next destination would be...
