Today, we have three area with possibility to react. But as the money management rules, we can only affort two stop losses. so we wait for the result.
I'm buyer till we get to the target above. Two entry points
Possible buy and sell positions are introduced. Buy zone: QM level is overlapped with 0.705 fibo level. Sell zone: H4 order block and previous ignored and stop hunted level. FindForex
There are two possible but positions: A kink in level of TPO-POC (the price that market was at most of the time in previous day)! and extreme level of the latest upward move.
FX:EURUSD area between two green lines are possible buy positions, and area between red lines are for short positions. * If price crosses the levels, we can open opposite positions.
EURUSD and GBPUSD are two highly correlated pairs. So a divergence in these two can be an alert for a big reverse of price usually for the one which makes a higher high or a lower low. It is a confirmation when the price is closing to a supply or demand level like daily or weekly high or low!
The fake demand level has crashed, and I look for a 1:2 reaction at a decision point around 18.37 and 16.95. I do not predict market moves. I am just waiting for a reaction. 1:2 is my share of the market. I'm in the learning process of the RTM method (Read The Market). #price_is_everything