KirpalDhillon

KirpalDhillon

I have shown two charts D/4hr right next to each other to make you & me understand better. D- bullish since we have not made a valid swing low followed by a CHoCH 4- bearish (hence the retrace on D) From here we could either push up to hit that bearish imbalance near 1.11 which will most likely act as fuel to drop price back to the bullish imbalance near...

KirpalDhillon

Currently the market is dumping hard on EU. Since the price is dumping we have also entered the discount zone on the weekly swing low to high nearing .75 I expect price to pull up to retrace back to .50 after some longs taken at .75 since its a discount zone which could fuel price back to .50 of the swing where we could expect price to reverse from or just...

KirpalDhillon

Overall bullish but short term bearish after hitting 1.10

KirpalDhillon

Tapped demand zone also price is still internal in between daily high and low. Touched demand near .75 fib level

KirpalDhillon

As u can see on my chart, I have marked all the BSL/SSL and imbalance as well as a Fib retracement tool from the low to the high, which indicates that we are below equilibrium and into the 62 percent which means we are at fair value price from institutional perspective. we could see price rally to the upside or downside, who knows? as we are still in the...

KirpalDhillon

I see the market direction as bullish on all intraday timeframes so I expect the market to keep making new highs and lows. we also have news coming in at 8:15 so expect to see some rejection at the 4 hr pivot point. if the news come out in favor of eur then we could see the pivot point break and the price might head on the next daily level which is 1.12398.

KirpalDhillon

the market broke the previous daily high 'marked by red ray' with a strong impulse to the upside creating a new high around 1.12500 not counting the wick, a major psychological level. to this strong move to the upside we then see a correction to the downside to the previous broken daily level/strong support because of the wick and bounces from that level in the...

KirpalDhillon

As u can see the market price broke the previous daily high with a strong impulse to the upside creating a new high, to then followed by a correction to the downside which is also retesting the previous daily level, we then see price giving a massive bullish reaction closing above the previous daily range engulfing the whole candle which means that the bulls are...

KirpalDhillon

Price started creating minor change of characters and BOS to the upside before actually breaking a major lower high with a strong bullish engulfing candle to the upside creating a impulsive move which also created a order block to which the market is giving a deep correction to right now. My entry is on the 50% of the order block because I believe that the market...

KirpalDhillon

GU is giving me strong signs of weakness due to it breaking the daily low.