There was a risk entry on the 15M chart which may yet play out but if it breaks to the upside I expect it to return to the 1H supply zone marked ready to take out the remaining imbalance below with the news candle from Weds evening.
We're still in a downtrend but I suspect with the news of tariffs being paused for the next 90 days there may be a rally, would...
After the chaos that was the markets with President Trumps announcements yesterday there is a few imbalances that need filling.
Whether they will fill quickly is anyones guess but I'm working on the theory shown in the image above.
If we get the break of structure marked as BOS 5M then I would suspect a retracement to a level close to where my long is marked on...
If breaks 194.194 then could re-test demand zones below. Both visible on the 1H chart. Extreme demand zone at days low saw a very bullish candle so likely a good place to aim for.
Could take short from 194.194 intraday if breaks and forms new LL
The white line on the chart is a path drawn from the daily chart, we have had a nice correction to the green line marked on the chart.
Expecting a retest of the level marked by the red line before a day trade short running down to the previous low created on March 11th.
If it breaks back in to the zone marked by the red and green lines, then I wouldn't take the...
Bullish continuation on the GBPUSD.
Came down for a third touch on this level marked with the red line.
In a nice area of Supply from the 1D chart.
Aiming for a push to the up-side from this supply zone up to around 1.300.
Will move SL to break even at 1.298
Looking at the chart we are in a downtrend at the minute with a little consolidation around the current level (18th Mar 2025), This level is below the key level from November and like to continue the DT to hit the next key level as marked on the chart with the SHORT Position.
Wait for confirmation of the break of the recent low (marked in white dotted line) and...
