welshspanishtrader

welshspanishtrader

Again with EUR/USD, we have a short idea where we have a daily bias of bearish. Following the bearish channel, we are at the top of its trading range. We are in a 4hr daily block that seems to be holding (lower green POI) but in my opinion the higher POI (indicated as the higher green level) would be the most anticipated for a reversal. Manipulation of the market...

welshspanishtrader

As you can see on the chart that we are at the height of our trading range on the daily. We are somewhat bearish and have come into a 4hr POI (POINT OF INTEREST). Copious amounts of institutional liquidity at the top of this range. If we hold this order block or POI then look for change of character on the lower time frames such as the 1 hr and 15 min. entry...

welshspanishtrader

You can see the power of 3. Be careful trading this week as we have NFP

welshspanishtrader

Check out this analysis of eurusd. Green zones signify potential buying/selling zones. CHOCH means a change of character to those who don't know. There is a fvg (fair value gap) just above liquidity. We could trade up to that higher green zone for a massive sell-off to the lower green zone for a potential continuation of bullish order flow on the higher time...