Snick3rSD

Snick3rSD

As I said in my weekly analysis I expected the price to close the imbalance and reject from the OB (order block) H4 + institutional level 1.25000, also as a confirmation the price took the liquidity below PDL (previous daily low).

Snick3rSD

Here we have a rejection from a OB (order block) H4 + Institutional level 1.23000, now I expect a bullish price action to take the PWH (previous weekly high) + EQH (equal highs).

Snick3rSD

As I said in my weekly analysis I was waiting the price to close the imbalance, now I am looking for a confirmation on a LTF (lower timeframe) as we are in a OB (order block) D1 + institutional level 0.75000 + the price took the liquidity above PDH (previous daily high).

Snick3rSD

Here I expect a bearish price action as the price closed the imbalance, took the liquidity above PDH (previous daily high), also we are in a OB H1 + institutional level 1.67000.

Snick3rSD

Here I expect the price to close the imbalance and if the price rejects from that OB (order block) H1 + institutional level 1.24000, I will look for a short position.

Snick3rSD

Here the price took the liquidity above PWH (previous weekly high), but I am looking for a confirmation to open short position if the price rejects from the OB (order block) H4 + institutional level 0.94000.

Snick3rSD

Here I expect a reaction from that OB (order block) H4 + institutional level 0.93000 and a bullish price action as the price took the liquidity below PWL (previous weekly low)+PDL (previous daily low).

Snick3rSD

As you could see on my charts and my analysis I used 2 levels of PDH & PDL because the price will often raid the previous days highs (PDH) or previous days lows (PDL) before going in the other direction. The way I like to trade this is I will mark out the PDH and PDL each day and see if we get a close below the PDH (for bearish trades) and a close above the PDL...

Snick3rSD

➡️ A candlestick is a way of displaying information about an asset’s price movement. Candlestick charts are one of the most popular components of technical analysis, enabling traders to interpret price information quickly and from just a few price bars. ➡️ Each candlestick has three basic features: 1. The body, which represents the open-to-close range 2. The...

Snick3rSD

We have a less busy week, we expect a few speeches from the governors of the central banks of the United States and Great Britain on Monday and Wednesday, plus the CPI (consumer price index) in the Great Britain. We will also have news about the policy rate of the Swiss central bank on Thursday. I recommend that you avoid trading parities with CHF and GBP 2 hours...

Snick3rSD

We have here a great opportunity of a long position if the price tooks the liquidity below PDL (previous daily low) + PWL (previos weekly low) and rejects from the OB (order block) H4 + mid figure 1.48500.

Snick3rSD

As I expected previous week we had a bearish price action, for the next week I also expect the continuation of the bearish price action to take the liquidity below PWL (previous weekly low) + to take the SSL (sell stop orders), after that if the price rejects from the OB (order block) D1 + institutional level 1.25000, I will look for a long position.

Snick3rSD

The same situation here as on NZDUSD, as these 2 currencies (AUD & NZD) move almost the same, so I expect the price to take liquidity above PWH (previous weekly high) + to close the imbalance, then I will look for a short position if the price rejects from the OB (order block) D1 + institutional level 0.75000.

Snick3rSD

Here we have the same correlation with DXY, I expect a bullish price action to take the liquidity above PWH (previous weekly high) + to close the imbalance, after that I will look for a short position if price rejects from the OB (order block) D1 + institutional level 0.70000.

Snick3rSD

Here we can see a great correlation with the DXY (US Dollar Currency Index), so I expect a bullish price action for the next week, to take liquidity above PWH (previous weekly high) + to close the imbalance, then I will look for a short position if the price rejects from the OB (order block) H4 + institutional level 1.12000. What do you think about the price...

Snick3rSD

Here I expect a bearish price action for the next week to take the liquidity below the PWL (previous weekly low) + EQL (equal lows), after that I will look for a long position if the price rejects from the OB (order block) D1 + institutional level 97.000.

Snick3rSD

➡️ Cryptocurrency comes under many names. You have probably read about some of the most popular types of cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. Cryptocurrencies are increasingly popular alternatives for online payments. Before converting real dollars, euros, pounds, or other traditional currencies into ₿ (the symbol for Bitcoin, the most popular...

Snick3rSD

Here I expect the price to go up, as the price closed the imbalance and now is in the OB (order block) H4 + around institutional level 0.84000.