Hi all, once again thank you all very much for the recent support. Been loving sharing my trade ideas and so far this week I haven't got anything wrong so its been very rewarding.
Lets break down this pair..
4H View - First thing to notice is the expanding wedge pattern I'm noticing which is corresponding with Elliot's Wave suggesting we are on the last leg, this "should" mean we are going to be bearish for the smaller TF.
1H View - Currently price is still Bullish, saying that we are in a swing range and I do believe price will actually break out of this level to fill Sell Side Liquidity and lower Imbalance. We have a 50% level marked out which hasn't been mitigated from any recent price moves which also suggests Bearish movements.
Current View - So far I see a very strong level my eyes are set on which is "191.000". This level is a strong whole Phycological number, its filling Imbalance, this level is at out OTE zone, this level also contains a strong 30M Mitigation Block and is our extreme Demand zone giving me all the right confluences to look for a Bullish MSS when price reaches this level.
Feel free to DM me for any further questions, good luck to all the traders that decide to follow.
Thanks again for the support
Lets break down this pair..
4H View - First thing to notice is the expanding wedge pattern I'm noticing which is corresponding with Elliot's Wave suggesting we are on the last leg, this "should" mean we are going to be bearish for the smaller TF.
1H View - Currently price is still Bullish, saying that we are in a swing range and I do believe price will actually break out of this level to fill Sell Side Liquidity and lower Imbalance. We have a 50% level marked out which hasn't been mitigated from any recent price moves which also suggests Bearish movements.
Current View - So far I see a very strong level my eyes are set on which is "191.000". This level is a strong whole Phycological number, its filling Imbalance, this level is at out OTE zone, this level also contains a strong 30M Mitigation Block and is our extreme Demand zone giving me all the right confluences to look for a Bullish MSS when price reaches this level.
Feel free to DM me for any further questions, good luck to all the traders that decide to follow.
Thanks again for the support
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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.