After a long run bullish trend we got the first bearish signal, a CHoCH and retest. I think now is a good moment to open the trade. target for this trade is 176.86 which is around the 0.5 fib level. if It's gonna pullback we gonna look for another buy if it's gonna break that level is mostly a reversal and we'll be looking for sells.
It's all a game of patience. the marked zone will be our price of entry around 1932 and 1937. which correspond with the starting point of the aggresive bullish movement. Our best target will be the last high of the range the 1983 level. Good trade all.
We got a bullish impulse leaving an imbalance to get a healthy trend price needs to mitigate. The marked zone would be the best level to reenter the trade. To note that the buy side liquidity on the 4hr timeframe still need to be grab that would be our target level around 1982 but I still think that the price has to test also the 2002 level to fill the imbalance...
Price broke the resistance and now is acting like a valid support on the 1hr timeframe. Wait for the price to retest the marked zone, see how it will react that level then at first bullish signal set your entry, that would be the best price to open the trade. targets are 0.6914 and 0.70
We got equal lows and equal highs formation. What I think is gonna happen is that the big boys will gonna grab the liquidity to the downside then pushing aggressively to the upside till the 2002 level where the price needs to fill the imabalance of the 4hr timeframe and where is also found our orderblock level. for now we focus on the liquidity grab before opening...
Closed manually the previous set up now I'm with this new selling setup. As we can see the big boys enter with this aggressive sells probably want to put down this market what I'm going to do next is follwing their trend. I'm probably going to look for sells in the orderblock level see how the price will react in that zone if it will break that level my sells will...