EURUSD potential Forecast | Monday 16th January 2023
Hi there guys,
I mainly use ICT Concepts for my trading.
Here's a trade idea for next week, Monday, 16th January 2023.
Idea
I have a weekly expansion bias for price to move towards the 1.09446 area, where the 50% Fibonacci line on the weekly time frame is it which coincides with the relative equal highs / liquidity hotspot area.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
I mainly use ICT Concepts for my trading.
Here's a trade idea for next week, Monday, 16th January 2023.
Idea
I have a weekly expansion bias for price to move towards the 1.09446 area, where the 50% Fibonacci line on the weekly time frame is it which coincides with the relative equal highs / liquidity hotspot area.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.