Range
Is it time to sell EURUSD?EURUSD is still trading sideways. It fails to break above the resistance every time it tries to do it.
It looks like, there will be another try for a breakout again. If it fails again, then that could present to us selling opportunities.
Our first target will be the bottom of the range but in case it breaks below it, we can then look for targets below the parity!
XAUUSD: Liquidity Everywhere ⚠️Gold is a mess but it certainly is creating a lot of liquidity on both the buy and sell side. The range leaves us with uncertainty but we can try and make sense of what is going in.
I would like to locate a short to sweep the buyer liquidity BUT I am concerned because the majority of the market has the same idea according to the sentiment.
If price pulls back to the fresh supply, I will be looking for shorts AFTER we see a manipulation of the area.
If price breaks the supply aggressively we can assume that our short idea will be thrown out of the window and we will have to begin to search for buy setups to sweep the equal highs.
It's a tricky pair to work out currently, the best thing to do is sit on our hands.
Bitcoin in 1 Minute - Day 36Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
36 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
US100 Short Position 1h Scaling EntryThis is one idea on US100 Reversal on the Resistance line with scaling entry.
Zone seems like this:
Entries with 1/4 of total amount risked on after confirmation of:
1)Range resistance retest. (12531.4)
2)Smaller negotiation area resistance retest. (12395.6)
3)Breaking of smaller negotiation area support. (12332.5)
4)Breaking of the Sign of Weakness of smaller. (12198.7)
Stop loss above the Swing High. (12694.5)
Target on the opposing edge of the zone. (11707.0)
Thu 28th Jul 2022 GBP/NZD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Buy. Enjoy the day all. Cheers. Jim
Thu 28th Jul 2022 GBP/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim