sir_eric98

sir_eric98 Updated 

Alright, based on my previous analysis: the price still needs to reach a valid weekly block. Today, following the CPI news, there was a move towards higher liquidity, shaping the direction for this week. Therefore, traders can consider taking profits in discount save zones. And the index has also maintained its strength, indicating a movement towards higher...

sir_eric98

The target for the recent daily swing in EUR/USD appears to be the weekly order block. During the previous attempt to reach this block on April 16th, the price failed to penetrate the body of the weekly block. This likely resulted in insufficient activation of buy orders. Consequently, the high of June 3rd was unable to surpass previous swings, leading to a price...

sir_eric98 Updated 

Hello friends, In the GBP/USD chart at the end of this week, we saw a decline that brought the price to the liquidity area below the 4-hour lows. There is a 4-hour and daily order block in this area, which the price reacted to. Order blocks below liquidity areas, like equal lows, are usually valid and receive good price reactions. We are also considering the...

sir_eric98 Updated 

The USD/CHF currency pair has exhibited divergence with the Dollar Index and has itself surged to the weekly block. Therefore, it is anticipated that this upward movement has been executed for dollar distribution, ultimately leading to a downward movement towards liquidity levels at the bottom. The probable target is the daily rejection block. There are liquidity...

sir_eric98 Updated 

EurUsd started a bearish breakout from Jul 18 to Aug 3. The minimum target of this downward breakout is based on the 200% level of this leg. That is, about 1.05600, which is the monthly close candlestick for May 2022. You can also consider the downward leg from July 18 to August 25 as a weekly breakout, which with the reaction of the recent weekly candle to the...

sir_eric98

Hello traders. The audjpy chart has given us a good buying position. The expectation is that, we will have an always in long market, so that the price reaches at least 95.2. FX:AUDJPY

sir_eric98

Based on possible S&H, I think sellers will have more power. Their targets are drawn based on previous lows and measure move targets. FX:EURUSD

sir_eric98

After testing the previous high, the price will probably move for a measure move target.

sir_eric98

Eurusd goes for 4H Exp_EMA. I don't have the 4H EMA on this chart. But after touching Ema, price will move towards bullish targets. See my previous idea for higher targets. FX:EURUSD

sir_eric98

Target is the middle of daily channel. based on magnet test of daily channel and two measure moves. FX:EURUSD

sir_eric98 Updated 

based on at least 3 measure moves, gold goes for price 2000 to 2010. first MM is on weekly chart(failed DT) and another on daily time frame(breakout MM). one more measure, could be found in 4h time frame based on failed DT and 3nd target confirm our target. we expect a weekly pivot around 2000 to 2010. SL is based on dailly ATR. Good luck! TVC:GOLD

sir_eric98 Updated 

Failed Breackout above a bull channel . expect a bearish climax.