Bearish OB observed as well as Bullish OB observed. Expect price to exhaust to the upside to clear void above before rallying down to the bullish OB
Price has been considerably respecting this strong resistance for a while now. As price broke out and retested, we are looking for the daily to close below and exhaust to the upside to retest the resistance before taking our sell for the continuation push to the down side to collect +50 pips. Let me know what you think?
Price is coming up to exhaust prior to a continuation push to the down side. Broke prior support and now should have a retest of the newly resistance before rallying down. In the event price closes above the resistance followed by a confirmation bullish candle to the upside, this trade is invalid.
Double Bottom identified with price ranging from EQ highs and Lows
Price has been traded overly priced. Bears are running the market currently, with respect to fundamentals of stimulus.
As the vaccine has been overly hyped causing market to close higher than previous, DJI was trading above historical known price action, being overly priced. As such, we see a bearish price movement which should clear the void caused by the bullish rally up from last week.
This week we are looking to devalue the POUND as the YEN gains BULLISH momentum. Fundamentally, we have few minor JPY news with respect to earnings, Gross Domestic Products or the total monetary or market value of all the finished goods and services produced in Japan. It is projected that forecast is at 1.1% with unknown actuals until 7:50pm EST. ...
Price has been rejected multiple times at the support and there is an OB that is identified at our entry. Expecting price to clear to the EQ lvl, enter at our OTE lvl and clear equal highs
EU has exhausted at 1.20866 area with a nice 4H pin bar rejection. There was an impulsive move to the upside breaking previous resistance at 1.19934 due to the fundamental results of Markit MFG Final PMI where actual (53.8) was higher than the forecasted (53.6), causing market rallying up for the EUR. Due to that bull-run movement, price left a bullish OB at...
Price is approaching major resistance and expecting to rally down due to price action and sell pressure
Expecting price to enter 4H OB clearing out the liquidity void before entering the bearish OB to equal lows.
Expecting price to enter 4H OB clearing out the liquidity void before entering the bearish OB to equal lows.
Expecting XAUUSD to push down to retest 1800s and clear liquidity by the Bullish OB to the EQ and fill in the void before rallying up as the bulls struggle to keep price above 1800
Here we can see a fair price gap that hasn't been filled so we are expecting a push or bullish move upto 94.50 zone . So let's see !