I entered a long position on EUR/USD at 1.09510, with a target at the external sell-side liquidity around 1.08242. The reason for taking this trade is based on the identification of a support zone and an Order Block (OB), where I used the 50% Fibonacci retracement level for my entry. For a potential re-entry, I see an OB forming at the 1.09301 level, which I...
AUD/USD Weekly Forecast-Bullish Outlook with Key Levels Identified. Based on my technical analysis for the upcoming week, I anticipate a bullish move in AUD/USD. Despite the expected retracement trades, my primary focus remains on the larger trend. Technical Analysis. -timeframe:H4 -key support level (S level): 0.62501 -POI/Target level: 0.63653 -Risk/Reward...
I took a long/buy on US30 because I saw an opportunity after the market made a Break of Structure (BOS) and took the minor low (L) to be a lower high (LH). This caused the market to flip and change direction after it reached the lower high (LH), making the market target the Resistance Level (R LEVEL) where there is unswept liquidity. Our major target is the...
I took a long/buy on US30 because I saw an opportunity after the market made a Break of Structure (BOS) and took the minor low (L) to be a lower high (LH). This caused the market to flip and change direction after it reached the lower high (LH), making the market target the Resistance Level (R LEVEL) where there is unswept liquidity. Our major target is the...