Idea: After a strong bullish rally earlier this week, GBPJPY has now pulled back to a key ascending trendline, which has acted as dynamic support over time. This retest is signaling a potential continuation of the bullish momentum. Zooming into the lower timeframe (1-minute), a strong Order Block (OB) has formed right at the intersection of the trendline support,...
BTCUSD has been trading within a tight consolidation range on the daily timeframe, indicating market indecision and potential buildup of liquidity. After this extended period of sideways movement, we anticipate a bearish breakout as the market seeks to sweep liquidity below the current range. Price has failed to make a strong higher high, suggesting weakening...
A Market Structure Shift (MSS) has been identified on the 15-minute timeframe, signaling a potential bullish run for GBPJPY. Before the bullish momentum unfolds, the market is expected to retrace and mitigate an Order Block (OB) below the current price. This move will likely induce retail traders to sell, creating liquidity for smart money to fuel the upside...
EURJPY Forecast – Market Structure Shift (15-Minute Timeframe) The EURJPY pair has recently shown a Market Structure Shift (MSS) on the 15-minute timeframe, suggesting a potentially strong bullish move is imminent. This shift follows last week's aggressive bearish momentum, which likely left a trail of liquidity pools above the current price. However, before...
I identified a break in the uptrend structure on the 1-minute timeframe at the 0.6321 level, indicating a possible shift in market direction. Upon confirmation, I entered a sell position at this level, anticipating a further decline. My target profit is set at 0.6169, aligning with a key support level. To manage risk, I placed a stop-loss above the recent swing...
AUDUSD sell set-up next week. Comment down below if you have any other thoughts. #tradesafe