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Choch

ICP inefficiency about to be fillICP is the trade that caught our attention today... After a long consolidation below we see good movement to the upside but unfortunately ICP facing huge resistance on 4hrs and 1hr TF.... When ICP pumped previously we cool see a CHoCH in 4hrs and 1hr TF to the downside with an inefficiency left behind...I'm expecting ICP to fill the inefficiency today and mitigate the unmitigated bearish OB on 1hr TF.... Be patient for the entry and manage your risk Follow for more market update and trade setup
Short
by MICHELXM
💹A trading opportunities - Short USDCAD retracementLook no further! Our analysis shows that USDCAD is currently in an uptrend in 4H or above timeframes. However, we’ve identified a potential opportunity for a short trade. Key Level 1.3480 has been broken, and we’re waiting for a retest on resistance levels (as marked as Sell limit levels on chart). If all goes well, we could see a touch on 1.3453 and gain some pips from this short trade. More take profit levels and the stop loss are marked on the chart too. 🤑🤑🤑 I hope this helps! Remember, trading is risky and always do your own research and analysis before making any trades. Good luck! 🤞
Short
by ICT_Trader_SB
🇪🇺 EURUSD 🇺🇸 - Attempting to change the uptrendThe market is forming a consolidation while waiting for news in the US, as it is impossible to know in advance what the data will show. Earlier the currency pair broke the support of the uptrend and apparently there is a chance to see a retest of the resistance before the price falls towards 1.075 Reasons for the fall: 1) Structure breakdown, price breaks support and forms consolidation 2) Market mood changes after an attempt to change the trend 3) The dollar is rising, against this background the euro may fall 4) Retest of resistance before falling
Short
by AndeWave
1
BIGTIME FIB levelBIGTIME UPDATE: BIGTIME literally did pump over 45% from bottom yesterday but looking at the chart with 1hr TF I can see BIGTIME is extended and we need to let it cool off before we can take a entry as there is unmitigated bullish OB below around 0.31 but which FIB retracement tools I can see 0.36 is a perfect place to FOMO as the 0.618 FIB Watch the price carefully around 0.36 which is 0.618 FIB level, if we see good price reaction there we can take entry and long to daily Higher high Be careful and watch carefull Follow for more market update and trade setup
Long
by MICHELXM
CHOCH vs BOS ‼️WHAT IS BOS ? BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action above the last old high in the structure this is the BOS. BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move WHAT IS CHOCH? CHOCH - change of character. Also known as reversal, when the price fails to make a new higher high or lower low, then the price broke the structure and continue in other direction.
OANDA:XAUUSDEducation
by Snick3rSD
4