Expecting to see a short fall here for Nas100. We have a 1:3 R:R with this setup and it is based off the 3 minute timeframe.
I am bearish until we enter the bullish order block highlighted in blue.
We have a good bullish scalp here on the 1 minute chart. I expect at the least a small breakout to the upside here. We have a bullish triangle on both the 15 minute & 1 minute timeframes.
SMT divergence has developed and we are starting to see bullish price action. I expect a rally base rally here collecting a lot of pips on the way to our draw of liquidity.
This is a another look at the long position taken here. We will be target our draw on liquidity, aiming for equal highs. We are looking at 5:1 R:R ratio. Risking 1% to gain 5%.
We have developed bullish SMT divergence between NAS100 & ES. This is a strong signal to take a long position here.
We have filled the candle imbalance also known as the 15m fair value gap. We have also tapped into an important bullish order block. I expect to see continuation long here to at least retest the most recent highs.
We are still waiting for our FVG to be filled. Once that happens we will enter via price action on a lower time frame such as the 5 minute chart.
We will be anticipating a long position after price corrects itself inside the Fair Value Gap.
Expecting to see price fall from here. We have had a change of character on smaller timeframes which is giving me a strong intuition price will fall.
As I stated before we should see some nice pips here. We have already had a nice big bearish bar giving us sentiment to stay short
📉Here is another look, the start to our short trade is starting out well.
We have had a change of character on a lower timeframe. FX:EURUSD
Here is my set up with my stop loss & take profit. We should see price drop from here after tapping into the valid supply zone.
We have had a valid change of character on the M5 timeframe and price is now rejecting at our POI (Supply zone) I expect to see price fall for the rest of the week.
Waiting for price to get to the order block here. I will be waiting for strong price action prior to entering the trade.
We have a 1:5 R:R with this set up here. I am am expecting to see some movement long to at least where my TP is set.
We still need to take liquidity from a few sessions highs. I expect price to remain bullish