Its the bullish engulfing on the 4hr chart dominates a strong downwards momentum.
its very clear on the chart that price is building a break and retest on ascending triangle.letds wait till price calls
Providing how the chart is setup,I anticipate more sells on USDCHF to reach the nearest supply zone.
Looking at the chart,there is a supply zone which price might visit soon
Well looking at this trade,it is possible liquidity will be picked before moving upwards but i am looking for only BUYs on this currency!
I am longing this pair due to the fact that it is able to break the first structure with the 2 hour time frame, i am currently looking for a minor structure break for it to hit the highest possible demand zone.
Looking at Usdchf,it moved from our POI after taking picking liquidity.Additionly moved forward to hit our target.Price now needs to do correction before creating a higher high to continue its trend.
Perfect retest for more buys since it last violated the downtrend high
Looking at USDCHF we can see its in a bearish trend and we can all judge that its in a selling cannel which indicates more sells than buys. Price first hit a supply zone and rejected and now about hitting a new supply zone for a retest.
Highly looking for sells on EURUSD.AS price breaks my holding zone to start to move freely into the sell zone.
Looking at Usdcad,I can see a major downtrend in price. We can see a break of ascending triangle which indicates more sells.Now there is a retest phrase right now fo more sells.
Looking at this trade,I believe best that eurcad may sell to a specific support before looking for buys .
Im looking for more buys on GU.Price looks very bullish already and im waiting for an engulfing candle to be able to get all the confirmation I need for buys!!
EURGBP buying for a short term then we look for shorts to pick up the lows and grab liquidity