abedijay

abedijay Sep 11, 2024

Resistance and Support Zones: Above the price, the gray shaded zone may represent a previous area of consolidation or a supply zone (resistance), where price has been rejected before. The purple line and the black horizontal lines below seem to be marking potential support levels, as price is reacting near these zones.

abedijay Jul 23, 2024

Bitcoin is falling due to a bearish trend forming a bull flag pattern, indicating a potential downward movement as traders anticipate further price drop.

abedijay Jul 8, 2024

USDJPY is on a downtrend because it has reached a buy zone liquidity pool, attracting buyers at lower levels, leading to increased demand and potential price stabilization.

abedijay Jul 8, 2024

When the USD is in a bearish trend, its value decreases. This makes the GBP stronger in comparison, causing it to rise. As more investors move to the GBP, its demand increases, leading to a bullish trend for the GBPUSD pair.

abedijay Jun 27, 2024

EUR/USD began its rise from an order block, signaling a change of character where bullish sentiment emerged, reversing the previous bearish trend and pushing the currency pair upwards with increased momentum.

abedijay Jun 25, 2024

Identify the fair value gap or order block on the four-hour chart, wait for price action confirmation (like a reversal pattern), and then enter the trade with a tight stop-loss just below (for longs) or above (for shorts) the key level.

abedijay Jun 18, 2024

If GBPUSD breaks the order block area, it will likely target the yellow line due to the fair value gap, or potentially drop below it, driven by market dynamics and liquidity considerations.

abedijay Jun 18, 2024

EURUSD is declining post-resistance at fair value, targeting liquidity clearance below indicated levels.

abedijay Jun 17, 2024

Take profit on EUR/USD at indicated line; close trade if price re-enters the Liquidity zone. This strategy ensures gains while managing risks if price moves unfavorably.

abedijay Jun 14, 2024

The EUR/USD might find support around the 4-hour order block and 4-hour fair value gap (FVG) as traders look for technical buying opportunities, stabilizing the pair at these levels.

abedijay May 17, 2024

Bullish Order Blocks at 4 hour suggesting a potential continuation upward trend to meet resistance at the symmetrical tringle