


By using pivot points: monthly - red weekly - yellow daily - green I've noticed that price has reached monthly S2 pivot point, for me its a sign to look for buys from now. Also on 2h chart RSI tells us that divergence has taken place. So I'm waiting for clear break of structure (candle closed above previous high + above "P" pivot point) Good luck:)
By using pivot points: monthly - red weekly - yellow daily - green I've noticed that we are in a high extreme zone from where I expect price to go down. But price has created double top, for me is a sign of liquidity area which is just near weekly R2 level. So I'm looking for buys till that level. Will enter with lower timeframe conformation. Good luck:)
GBPUSD on a monthly chart has a lot of liquidity zones so I wanted to count probability of the nearest movements of this instrument. And found out that most likely GU is going to break height that was just created up to 1.4180 and after reaching this level 60% of probability that price will revers back to 1.22050 level. With 5 levels (yellow lines) we have 120...
After reaching daily order block (OB) I was waiting for clear break of structure (BoS) on 4H or 1H timeframe. Then price created liquidity zone (LQD) that was taken recently. So price is heading to bearish 4H OB. Bullish order block that I'm interested in is located near LQD zone so my sell TP is pointed bullish OB. Good luck:)
The downtrend is approaching its logical end. Price has created two-way liquidity. Previous low I see as liquidity. On a higher timeframe, it can be seen that the price is likely to reach the bullish 2H order block that is near Fibonacci extension levels (key level). So I'm selling till that zone. Good luck.
EC in consolidation for nearly two months so I will be interested to trade this pair only when price reaches one of the pointed order blocks.
Price shows that sellers become stronger and big up&downs also tells us that price is in deciding mode from now (no straight bullish trend). Let see what next week will bring us. Good luck:)
Price has reached 1 hour bullish order block (OB+) and made 5 min break of structure (BoS) Also price went out from bearish price channels twice (buyers are strong) So entering long till high before first breakout from the chennel. God luck:)
price at the key level (Fibonacci extension levels). Also we have an order block at this level. TP previous low (liquidity collection - equal lows) Good luck:)
price got to 5 min FVG and we see divergence in volume (price is rising but volume is the same)
Price on the buy zone but made double bottom and now GU is truing to take liquidity
Roughly look at AU. US dollar is getting weak so I'm in a buy mode for AU. Let see how it'll work out:)
Updating the EU sale idea First of all, I built a Fibonacci extension to determine the key level (potential reverse point). The key level is 50% of HL and LL (marked with violet circles) From these levels, I built a Fibonacci correction, and identified a sell zone that is at the levels of 50-75% of the Fibonacci correction. Again, these levels are ideal for the...
We got closer to support and resistance zone that is near 50% and 75% of previous high and low (purple circles). Key levels that are build by Fibonacci extension show 2 potential reverse point. Both key levels are near 50 and 75% (buy zone) of previous high and low. There is also liquidity line, so I'm more than sure that price will get closer to 75% (higher key...
We got closer to sell zone but it's early to sell in my opinion. Price touched previouse resistance zone and made new high (BoS) Then I marked 50% and 75% of the candles wick, that touched resistance. This is my buy zone. By toutching the buy zone ptice made two clear BoS. From the first BoS I build 50% and 75% from high and low (2 purple circles) levels. That's...
I position myself as a scalper in the forex market, but as many other traders, I'm interested in Bitcoin as the main tool in the crypto market. Therefore, I consider investing in Bitcoin only for a long-term period. By looking monthly chart we can see two clear break of strucures (BoS). So I'm looking for buys. The next step I draw my point of intrests (POI) which...
In a daily chart we are in a sell zone (box on the left "start sell") I wanted to see clear two break of structures (BoS), and then a marked 1H sell zone. Entry with lower timeframe confirmation (15 min or 5 min BoS) There is liquidity on previous lows so my TP is lower than that level. Good luck;)
On the daily chart, we can see a bearish movement, so I waited until the price reached the premium zone (box on the left "start sell") to start selling. On the hourly chart, I expected to see clear two structure breaks (BoS). After that I've marked 1H sell zone. I will try to do long till sell zone. We have bullish BoS from yesterday, so I'm looking for buys...