EUR/USD is looking quite interesting but instead of randomly executing long and shorts we should wait patiently for the levels to get mitigated out first. In order to long first the chart levels are made very clear where to long from the refined Ob.
price made a choc on higher time frame so we are likely expecting the price to pullback at the area swing low where the buyer stepped in and will target the high of pullback
considering the price from current level the trade indicates fair value of 1:2 on risk to reward
buy 1.07915
sl 1.07500
target 1.08700
note that this demand zone can be temporary as our...
I was confused at first tbh as to where the Dollar index stood before the news but then the data came out and I just had to use that to determine my technical analysis.
Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 6
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
This is a graphical Description about standard Deviation by DexterLab,
For Manipulation, Price reach 2-2.5 STD of the leg that caused Market stucture shift.
For Expansion , Price reach 2-2.5 STD of the Manipulation leg.
EUR/USD reverses from the weekly top while posting the first daily loss in three around 1.0860. The Euro pair marks the trader’s positioning for the top-tier German and the US data.
The moving average works just as well in lower and higher time frames. As a result, day traders will find benefit in placing 50-bar EMAs on 15 and 60 minute charts because they define natural end points for intraday oscillations
EURUSD extends recovery from the 200-DMA, as well as an upside break of a fortnight-old descending resistance line, as markets await the Eurozone inflation data and the Fed’s favorite inflation gauge, namely the US Core PCE Price Index. That said, the looming bull cross on the MACD and upbeat RSI (14), not overbought, also keep the Euro buyers hopeful. However, a...
Market took out liquidity to the upside before dropping on the 1hour chart. Also known as a liquidity grab. leaving behind imbalance/fair value gap and currently creating liquidity inducement. Now we wait for a retracement back to the unmitigated imbalance.
