Watch the circled area, today is a sell day. High volume node from the 5th We should drop like a rock to 1.21 Happy Trading!
Go with the order flow of the day. DXY will grab some lows then start rising. GU currently just collecting liquidity and shaking out sellers. Frankfurt open price is a good sell level
I am currently short GU whilst we fill the overnight gap on DXY I still believe this is a UTAD type move, but ultimately we may be headed up to the August weekly swing high We're in weekly supply currently, untested I'm targeting the daily pivot or dxy gap, which ever comes first (1.20 retest)
DXY is currently sitting on H4 demand, yet we have a large liquidity pool sitting above on GU I expect we'll complete the compression with a move up before the drop down to 1.1825 (HVN/Weekly POC area) First idea would be to look for a long around daily pivot / below Y'day NY Low Good luck, happy trading
I expect a touch of 1.40 after a run above a prior October swing high A touch of the weekly pivot seems logical Very strong fundamental move after the MPC speaker and Truss's plans to rip up fiscal policy
I think ETHUSD is in an accumulation phase on an H4 Demand zone I am currently in an aggressive buy targeting the imbalance above Currently on the Last Point of Support, waiting for Sign of Strength from bulls and Back up to add--- I'm watching closely in case I'm wrong Cheers
Monday has the potential for a short in the morning, then buy on the M30 demand targeting weekly POC. We're in a Weekly Market Profile hourglass -- it's likely we'll test the upper high volume nodes. Use the fib tool for the last bull leg for confluence, 62-79% retracement ideal. That's the first scenario-- lets see how Asia unfolds
Good evening traders Crazy week with FOMC sweeping all of the liquidity then NFP in the same week! I think we'll see a buy during Frankfurt open after a 'fakeout' down to lure sellers. There is a large imbalance that should be filled. 100+ pip potential, stretch target is the weekly point of control / zero side imbalance / structure level 1.2512 As always,...
Good evening traders My weekly bias is bearish in this pair-- however, I foresee a re-distribution period tomorrow and a possible bullish push to fill out this range. There's a chance Fridays high will be taken, but it is very dependent on price action overnight and in Frankfurt. There's a H&S pattern that will be teaming with stops. If we can get long in the...
Good morning traders I like to follow the DXY to gauge the pulse of the market and develop trading ideas on the x/USD pairs I see a range, the high will be challenged at some point, an we have a strong H4 demand zone Don't play in the middle for now-- scalp the highs and lows or use it to inform your FX trading Good luck !
Good morning traders Asia sold off overnight down to the Friday value area then rallied creating new demand which should be mitigated in the NY session Therefore I see more upwards movement this afternoon as PA compresses during the holiday London session Although my weekly view is sell, and is still valid, I want to see a buy first up to the Asia high Good luck !
Happy Sunday traders I hope your weekend was great Monday is a UK bank holiday but European and New York traders can still move the market I'm looking for a buy first to test around 1.2675 - 1.2700 then a sell off to 1.2500 The other scenario is a buy up to 1.2620-30 then a sell off to 1.2500 Observe the price action in the Lower time frame (M5) before...
Hi traders Waiting for a retracement to complete this morning before buying GU. Wait for bullish volume to enter the market, and buy on a low volume pullback. Target above today's London high Good luck
Follow up to our last Ethereum/USD buy recommendation In my opinion the accumulation is coming to an end-- the gap we mentioned filled, another secondary test creating equal lows, a liquidity grab/spring to finish the last of the lows. Then, M5 demand created within the H4 demand with a huge impulse/leg out to break structure, a compression to mitigate the fresh...
Hello traders, we'll look for a short after a rise during the Asia session on Monday. Targeting round number 1.28. After that, look for the trend to turn bullish for a while as we fill imbalances from the drop. 1.29-1.2950 area is possible. Good luck, happy trading !
ETHUSD preparing to rally this weekend I am buying in the zone marked if there is rejection. This zone has been confirmed as a strong level. Target 3320, liquidity zone, 10%. Have a great weekend traders
Looking for a 50 pip sell off here to 13 April low Good luck all
ETHUSD is in an accumulation phase and has just completed a fakeout to the downside into strong demand Buy the next pullback with target shown