Made some quick scalps here but now I expect a huge rise due the oversold conditions but I stay on the sideline til the dust settles.
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DislikedH1: I don't know when and at what price this trendline breaks, but once it does I go fully short! {image}Ignored
Trade safe! Most European banks have closed doors. Selling at these lows is too risky for sure! Come back tomorrow! ![]()
Cheers
DislikedH4 Outlook for Thursday-Friday From this point on forwards please beware that bears showed equal drop to the one from June 5th... I anticipate a base build-up around 1.1477.. Soon, we also might go back up to 1.1565 levels until end of this week to retest latest breakout levels. Trade safe! Most European banks have closed doors. Selling at these lows is too risky for sure! Come back tomorrow!Cheers
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Disliked1. Today, the trend is clearly upward on the short timeframes. However, I'm leaning towards a downward move and expect a correction. 2. If you look at the chart, you'll notice price gaps everywhere. 3. As punishment for myself, I'm going to refrain from trading today because I made some serious mistakes with my plan last week. 4. Take care, everyone.Ignored
Disliked{quote} If you don't mind me asking, what is the significance in 1.1565? Why do you believe price will go up specifically to that level?Ignored
DislikedH4 Outlook for Thursday-Friday From this point on forwards please beware that bears showed equal drop to the one from June 5th... I anticipate a base build-up around 1.1477.. Soon, we also might go back up to 1.1565 levels until end of this week to retest latest breakout levels. Trade safe! Most European banks have closed doors. Selling at these lows is too risky for sure! Come back tomorrow!Cheers
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Disliked{quote} Spot on. We’ve clearly swiped the liquidity and established a solid swing low at 1.1475. Shorting here is just chasing the market directly into a massive H4 FVG. I've aligned my Fib grid, and your 1.1565 target perfectly mitigates the deeper OTE zone (0.786). Waiting for a clean pullback into Premium (0.5 - 0.786 Fib) to look for a high-probability short setup. Patience pays.Ignored