david_asamoah2716

david_asamoah2716 Jun 3

The EUR/USD is creating a lower high (LH) swing turning point before continuing it's upward move to 1.1600 where there is a strong order block. What this means is that price might retrace down a little before going back up. Note: Not a trading advice. Just my outlook.

david_asamoah2716 Updated  Jun 1

Price is currently reacting to a retest of an order block located within the discount zone, following a Shift in Market Structure (SMS). Additionally, on the weekly timeframe, price is also positioned in the discount zone, aligning with a weekly order block at the same level. Disclaimer: This is not financial advice—just my personal analysis.

david_asamoah2716 Oct 29, 2024

AUDUSD is having a strong bearish pressure. Price is trading below the 50 and 200 ema from 30min to weekly timeframe.