Given the negative correlation between EUR/USD and DXY, the recent bearish sentiment in DXY could indicate a potential bullish movement for EUR/USD. Analysis: On the 15-minute chart, EUR/USD has recently breached the Asian session low and experienced an upward movement. This suggests a potential bullish shift in momentum. Trade Plan: You're considering a long...
Analysis: On the 15-minute chart, DXY has recently breached the Asian session high and experienced a drop. This suggests a potential bearish shift in momentum. Trade Plan: You're considering a short position, with the intention of entering once price re-enters the 15-minute supply zone/order block. This zone is viewed as a significant area of previous selling...
Analysis: On the 15-minute chart, there is a clear bullish order flow, indicating a potential upward movement in the USD/CAD pair. Additionally, price action is respecting the 15-minute demand zone, further supporting the bullish bias. Trade Plan: You're considering a long position, with the intention of entering once price hits the last 15-minute demand zone....
On the higher time frame, the EUR/USD pair is exhibiting a bearish sentiment. Additionally, price is currently positioned above the 0.5 level, which is seen as a potential resistance area. Trade Plan: considering a short position, aiming to enter from the 4-hour orderblock/supply zone. This zone is identified as a significant area of previous selling activity and...
Higher Time Frame Order Flow - Bearish: On the higher time frame, there is a bearish order flow, indicating a potential downward movement in the AUD/USD pair. This suggests that there may be a prevailing sentiment among market participants favoring a decline. 1-Hour Time Frame - Bullish (Counter-trend): Currently, the 1-hour time frame is displaying a bullish...
The order flow for EUR/CAD is currently displaying a bearish bias. This suggests that there is increased selling pressure in the market, potentially indicating a shift in sentiment towards the downside.
This trading strategy focuses on capturing liquidity by taking either the buy or sell side and waiting for a lower timeframe confirmation to hit the opposite liquidity. The risk for each trade is limited to no more than 0.5% of the total capital. This approach emphasizes prudent risk management while aiming to exploit liquidity imbalances in the market. By...
The decision to short the EUR/USD currency pair is grounded in a combination of technical analysis and order flow dynamics, suggesting a potential bearish move. 1. Asian Consolidation Low Break: The trade strategy involves capitalizing on the break of the low point during the Asian consolidation phase. This breakout may signify a shift in market sentiment, with...
1. Bearish Order Flow: The order flow for EUR/CAD is currently displaying a bearish bias. This suggests that there is increased selling pressure in the market, potentially indicating a shift in sentiment towards the downside. 2. London High Liquidity Sweep: Analysis of the London trading session reveals a liquidity sweep at the high point. A liquidity sweep often...
good day traders as you can see i expect long position on usd/jpy. last week we had a nice strong push up that broke the structure on the 4h TF and so I'd like a buy from (135,150) through (139,150) 1.27 FIBS happy trading week
looking for short entry at 136.500 ( 0.786 fib level ) target the 4h low