NZDUSD formed a bullish market structure after breaking 0.62992 4H/D1/1W, and the price returned within the Area of Liquidity, consuming the unconsumed liquidity that was left after the price shift. It took an outside formation (new structure after the shift), and the price came back to capture the unconsumed liquidity, which is why the price returned. Now, we are...
After the price closed above 1.12010 on the 4H timeframe, it gave us a bullish market structure break. Now, for the continuation to happen, the price needed to return within the Area of Liquidity (AOL), and it has returned, forming various bullish patterns as a type of continuation trade. We are continuing to buy EURUSD until the first TP at 1.12086 Any view or...
I’m expecting to continue buying GBPUSD during NFP. This is a Bullish Continuation trade following a Bullish market structure break around 1.32664. The price came back to grab liquidity within the Area of Liquidity (AOL), and the point of interest was at the Candlestick overlap where we took the buy entry. what you view? FX:GBPUSD
The strong support zone at 0.6225-0.6244 suggests a possible upward move. Traders may expect a price reaction leading to a bullish push toward the 0.6379 resistance zone, which is a previous high and an area where liquidity may reside. OANDA:NZDUSD
The price has rallied back to a key resistance zone around 101.84–101.91. This level is acting as a strong resistance, likely due to the confluence of previous highs and unconsumed liquidity in this area. Let me know if you need further clarification TVC:DXY