Quite the opposite on the Index. Overall i am looking for the sell opp. However, we have price breaking zones of sensitivity which previously broke the strong resistance. suggesting to hitting the EQ highs. Right now price opened up above, created a bullish flag and now should push up to the next level around 34400
As price came to the premium zone/ Supply area, we look to short it. By means of using the fib lvl at .79 OTE entry, from SH to SL.
We have identified an OB at 151.887 area on the 4h TF. Previously, we can see that price has been nicely rejected at the 153.328 value multiple times with the push to the downside following the new release on the GBP PMI where actual vs. forecast was lower than anticipated. Now, we see a break of that previous resistance area, area of sensitivity followed...
Here we see a nice break to the up side without any retest. In addition, on the 15m TF, we have identified a bullish OB followed by the institutional candle to the upside, leaving significant liquidity gap. As such, we want to be patient and wait for price to come to our fair value before riding this back up. In the event price fails to close the void and has a...
Something i will be looking for. As of right now, 1688-1690 is my ideal Buy before hitting this strong resistance where orders got accumulated. What is your thought?