Trading Idea: Edaran BHD
A major Break of Structure (BOS) has occurred, indicating a potential increase in the market price. Following this, a liquidity sweep suggests that buyers are gaining momentum, possibly absorbing sell-side pressure.
A minor BOS and the presence of a bullish Marubozu candlestick on Weekly provide strong confirmation for a potential long...
GBPCHF Trade Idea
Analysis & Justification:
• Price is currently above the 200 EMA, indicating an overall bullish trend.
• A Break of Structure (BOS) has occurred, serving as a second confirmation that the price is in an uptrend and likely to continue its upward movement.
• Price has also rejected the Demand Zone at the BOS level, further reinforcing the...