With the recent push down of the US index there is a high probably of buying momentum in the Aussie dollar due to weaker US data yesterday. With the SMC indicator in the 4hr time frame we can see a rejection of price to the downside while breaking thought the PML. In my opinion it will race towards TP1 which is a good place to exit since there is an orderblock...
Following up from our trade idea yesterday we've just hit TP1 Now we wait to see if price break above orderblock & if it does will wait for a pullback & a rejection to enter again for TP2
After a sharp move up form the discount zone and now consolidating on a FAG there is a strong indication that pair will move up before turning down to follow the overall down trend. Suggestion is wait for a further confirmation by letting the pair break past the PWL level & enter on the pullback & trail stop it to TP1 If price breaks past TP1 level wait for a...
After an impulsive move up form the discount zone & followed by a bounce off a bullish orderblock with COCH & BOS, strong signs suggest this pair may be moving up. You can take profit at the equilibrium area of TP1 or the upper orderblock at TP2 If you need further confluence wait till price breaks through the current bearish orderblocks below TP1
GBPUSD is bearish on all higher time frames and looks like it still has a long way down towards the discount zone. Since this will take a couple of days to play out, its best to play it safe and enter on an obvious pullback on the lower time frames such as 1hr time frame to give you a tighter stop loss.
GBPUSD is bearish on all higher time frames and looks like it still has a long way down towards the discount zone. Since this will take a couple of days to play out, its best to play it safe and enter on an obvious pullback on the lower time frames such as 1hr time frame to give you a tighter stop loss.
After consolidating around the discount zone without any BOS to the downside we get a COCH to the upside further confirmed by a retest & rejection of the discount zone. This indicated that price could travel up in the next few days heading upto 0.65601 For further confirmation we could wait for the price to break through the bearish order blocks above it or when...
Despite an overall bearish trend which I think will still continue in the long term, EURUSD has been consolidating the last two or 3 days since reading the discount zone with no break of structure to the downside. All Daily, H4 & 1H chart shows its oversold. Its very possible it might go up and retest the the previous structure/orderblock
H4 shows it's prepped for a downswing but from the 1h chart it seems like price has to move up to retest the previous highs on the H4 and consolidate before shooting down. I predict that price might have to rise to 155.522 or 156.427 trail stopping every hour would be safe in case it swings back down
Very strong downtrend bias on all time frames. this pair could potentially keep falling towards the last previous low either on the daily or weekly near 1.04737 before it bounces up. In the meantime you could wait for a pullback on the hourly or 15min chart where price pulls back and becomes oversold & rejects a bearish order block like it did yesterday
Buying pressure due to strong US dollar recently, indicates USDCAD could potentially rise. All higher time frames show this pair is on an uptrend. due to high impact news coming up this week trade with caution or use tight stop loss
GBPJPY has bounced off discount zone and broke out of a bullish orderblock. It's now ranging in an area where there is a lot of buying volume. indicating a potential rise to the next orderblock. In my opinion you could wait for another pullback to retest the previous bullish orderblock then enter or enter now with a stop loss below the bullish orderblock or...
long bias in the daily chart. In the 1h chart we have an orderblock rejection indicating a potential upward momentum towards previous high
GBPJPY has retested the previous sell orderblock and has printed a bearish pin bar on the 4h chart. It could be potentially moving down the green orderblock where the last price pivot occurred at 195.352
EURUSD setting up to go long on rejecting both discount zones on 1h & 4h charts. On the 1h chart its bouncing off a swing order block. potentially heading up to 1.08220 if it breaks past 1.8220 it could travel higher to break previous highs on the daily & quarterly
EURUSD is consolidating around 50% area near weekly high on the daily chart. In the hourly chart we get a pivot off the SMC premium area and price has came back up but failed to break through the order block and has rejected it followed by a bearish candle. Our indication is EURUSD will potentially fall to 1.0861 Due to high impact news we will just watch how it...
AUD bouncing off discount zone with a potential rise to orderblock 0.66452 on the 4H