On the 1D timeframe the price appears to be consolidating after a break to the downside, but the price has also rejected the 50-period EMA, on the 1H timeframe the price range on the 1D timeframe can be seen as supply and demand zones, so this could be some good trading setups, albeit enforcing proper risk management. the consolidation highs seem to form a...
FOREXCOM:XAUUSD seems to be in a downtrend on the 1H chart, however on the daily timeframe it appears that a downtrend may be coming but has not yet been confirmed, I will be waiting to place any trades until a downtrend signal is confirmed then price pulling back. From this point the price could just turn around and the bulls could break the resistance at...
after FOREXCOM:EURUSD respected what appeared to be a possible resistance area on the 1H timeframe (also may be an order block around that resistance area) and a FVG that could act as a magnet for the price to come down to trigger limit orders that may push the price up (also hard to tell because news events and/or data dumps are due very soon). I would wait for...
at the moment FOREXCOM:EURUSD had failed to break major high and major low, but seems to take on a change of character in the process of a liquidity sweep towards the most recent order block. This could result in a brief range, or choppy market for an unknown amount of time, so I will be waiting until the market clears up before placing any trades. Higher...
FOREXCOM:EURUSD on the 1 hour timeframe had a bullish imbalance toward the up side (this can be due to a large amount of limit orders from a news event, data dump, or a bank placing large amounts of volume in this area in the market). If the price comes down to sweep liquidity it would be a very good time to seize the opportunity on a long position. If the order...
it appears after a long period of distributive price consolidation, it appears that BTC has observed an MSS and breaks to the downside. There is some volume flowing into BTC, so the trend may be just beginning. COINBASE:BTCUSD
