GoodTradeST

GoodTradeST

Hello Traders! The EUR/GBP on H1 is currently in a rage. I expect a very strong move to the levels of 0.86000 and 0.863000, two good order blocks, and one liquidity gap that I expect will be taken. Following carefully this chart, and looking for a long opportunity.

GoodTradeST

Hello traders! This is my view related to the future GOLD progression on a longer timeframe. A very interesting resistance level, I expect that the chart will react from this level and after that, as a target, I see the above order block. I'll be back with updates.

GoodTradeST

Hello Traders! For NASDAQ I will follow these two scenarios to understand which direction is it moving towards. The first scenario, and the most probable, it will react from the created OB. The second scenario, the bullish will try to hit the ATH, a very strong resistance level towards which it heads to. I will watch carefully for the trade entry position.

GoodTradeST

Key Strategies for Recognizing and Utilizing These Formations: Multiple Time Frame Analysis ✅ Volume Analysis ✅ Price Action Patterns ✅ Confirmation Indicators ✅ Risk Management: ✅

GoodTradeST

Imbalance penetrated ✅ Descendant Chart ✅ A strong resistance level at 89.800 ✅

GoodTradeST

Imbalance: Imbalance occurs when there is a significant difference between buying and selling activity in the market. This can be visually observed on a price chart as a sudden, sharp move in one direction, creating an imbalance between supply and demand. Traders often look for imbalances as potential reversal points, as they suggest a shift in market...

GoodTradeST

A very good opportunity to enter short in this trade. EmA indicator confirms that the bullish is weak and the bearish is strong. We have a descendant chart and a rejection from 1H Order Block (OB). Also, we have liquidity below (as another good argument). Waiting for a short confirmation to enter into trade.

GoodTradeST

Analyzing a short trade opportunity for GBP/USD A very well confirmed Order Block + descending axis are 2 arguments to enter in this trade.