EURAUD buys

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

No I didn't take it. I'll look out for more sells

EURAUD sells- I'll be expecting the sells to continue tomorrow, if price breaks below 1.6433 support region.

G
@godspowerdan - 1 month ago
Quoted - nsg_usd

EURAUD sells- I'll be expecting the sells to continue tomorrow, if price breaks below 1.6433 support region.

Tomorrow I expect to give me some reversals , but we don't trade expectations. I'll wait for what price will deliver

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

This is the sells i have on EURAUD

But on the 15 mins timeframe, if price takes out that high i marked as IRL, price will resume the buys immediately so hence the first setup may be violated

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

But on the 15 mins timeframe, if price takes out that high i marked as IRL, price will resume the buys immediately so hence the first setup may be violated

Price may buy from that demand zone there. Price has also engineered liquidity for that demand zone after taking out the last strong high on the 15 mins

A
@asuquokelvin - 1 month ago
Quoted - godspowerdan

Price may buy from that demand zone there. Price has also engineered liquidity for that demand zone after taking out the last strong high on the 15 mins

That zone you have IRL was only swept not taken out, when price takeout a zone it's only by a strong break above or below that level not a sweep , look at the chart image for example, look at the level I marked that is a break

A
@asuquokelvin - 1 month ago
Quoted - godspowerdan

I get what you're saying...

It's true

A sweep without a confirmed break usually signals liquidity collection, not a trend change.

G
@godspowerdan - 1 month ago
Quoted - asuquokelvin

A sweep without a confirmed break usually signals liquidity collection, not a trend change.

Once price breaks above that marked high, the buys is fully confirmed.

The reason I took the buys is because the last sell recent structure was invalidated

G
@godspowerdan - 1 month ago
Quoted - nsg_usd

EURAUD- I'm not expecting strong buys, until it invalidates the Falling wedge pattern.

Price should react from where it is currently. i expect sells to come in from there

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Price should react from where it is currently. i expect sells to come in from there

EURAUD- Price invalidated the Falling wedge pattern, but i'm not yet comfortable with the buys. I'll wait for the daily to close before i can have a good bias

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

I expect EURAUD to give buy setups tomorrow

EURAUD- The Sells are not over yet. Still expect some drop down to 1.6380 price region.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Price is still very bearish, i will out for sells

yeah. But I'll just suggest you leave it be. The current 4hr bullish rejection that will form double bottom at that zone if price closes that way by 2pm needs to be considered. After today, you'll see clearer if price is ready for the buy continuations or if the sells are not over.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

If price retraces back up to that zone, i'll take the sells

Well, with the current buy momentum, i'll just expect mild reactions for scalps not for day trade. There'll likely be counter reactions from the price region price is forming the bottoms.

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