Recent price action has been printing LH and LL and also about forming a head shoulder pattern in the 15M TF showing a short at the opening of the market... Price might reverse at the 62% fib. level in the 15M but not untill it breaks above 50% / 38% fib. level aggressively then we look for a long to the previous HH.
I hope all is well and and that your weekend was filled with blessings and joy! As you can see in this video Market Structure has been very bearish creating multiple Lower Highs (L,H) AND Lower Lows (L,L). Looking at the chart we can see price has now retested the lower low again, indicating that price might be creating a double bottom, we can confirm this once...
Hello Traders!
This video should provide you with enough to plan your day trades accordingly.
Feedback is definitely welcome. Coversations about trading are definitely fun.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
this is eurusd setup . if this daily candle closes under the green zone then we will wait for retest and then sell to the next structure which is shown as back line ...
in this short video I'm going to tell you about how interbank price delivery algorithm traps trader and how market move against as per the expectation of retail traders
EURUSD short strategies below 1.09
Market is below 1.0950 so careful with buy strategies
Looking to short either at 1.0930 levels or below 1.09 levels
I will avoid buyers.
USDCAD completed its sell levels down to 1.3530. Buyers are expected at this lows ideally wait ofr 1.3560 to 1.3570 and extentions
As long as below 1.36 buyers are building but not yet holding. Scalping is ideal untill tomorrow´s information of inflation
EURUSD attention to highs, don´t hold any buy at this levels only buyers if price keeps pushing if not stay out of buy trades at closing hours
Sellers starting at 1.0870 to 1.0860 then only short below 1.0850 to 1.0840 and 1.0830
Scalping is the best approach
