OKAYTAOKSYA PALKUYA so bos... price be feelin a lil devious -- so like itll take that pink fella out YA so like we guilt trip prioce into entertaining him and to keep him company
A strong impulsive move that left an imbalance on the 15 Min after leaving behind some liquidity proves a valid bearish order block for a trend continuation trade. I've measured with the Fibonacci retracement, it aligns with the 61.8% level. As well as using the volume profile sentiment of recent price history. (Valid POC). Hence, price could potentially retrace...
As you can see, on the 1 hour chart, the trend has been very bullish lately. However, there has been a recent pullback. We are looking for a buy opportunity on the open next Monday, as a trend continuation trade. My reasons to believe price will keep pushing upwards are the main confluences that hint toward this move. - Fibonacci retracement 50.00%. - Many...
Price seemed to have broken out of the 200 EMA with a change of character pointing upwards. Possible bull run?
Strong bearish rally makes this reversal unlikely. However, the opportunity is still out there. There are several confluences that give me this idea. 1 - Many buyers in this region according to volume profile. 2 - Fib 32.8%, at this region of support. 3 - It is a former support level. Price could still keep pushing down however, be aware of that.
The price failed to break this support level to the downside. Doji candle formed by the support region, however, so I am pretty confident it will retrace upwards in the upcoming week.
Doji candlestick pattern visible on the 4hr chart. Bearish liquidity sweep & loss of momentum. It is very likely that it is enough to clear the stop-losses of early entries but not far enough to hit orders, thus, we manage in the middle.
Sells are viable after price retraces to the FVG. Wait to see if price respects that area first though.