Blog
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British Pound / Swiss Franc
On this chart the market created an sfp above the high followed by a decline the price continues to move around the poc at the price level 1.128680 we have two scenarios but both are short first with the first scenario creating an sfp below the low and going for higher prices.
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Euro / U.S. Dollar
15min TF entry
Pair EURUSD
Sellside trade
Wed 15th Jan 24
9.15 am
Entry 1.03303
Profit level 1.03011 (0.28%)
Stop level 1.03462 (0.15%)
RR 1.84
Reason: The price seems overextended at this time. I assume a retracement is on the cards to balance out the price range, then pursue back to the upward momentum with the trend thereafter. -
British Pound / Japanese Yen
On this chart, a correction structure has formed beautifully for us, reaching the price range of 200, where we have monthly levels and support that we have not broken through and there is a very likely bearsish scenario, the sfp above the high has been created, now find a better entry
