Forex Hyper Institute

Before, after and Entry.

Market structure
Order blocks
Btmm
Sniper entries.

A weaker NZD according to the NDZLFX market structure.
Nothing much on the USD index
BOS and Break of TL was a confirmation of my bearish bias.
Key level at break of TL + OB

EURUSD taken 1min

16.06.22 Trading Journal

The USD index was trading at a key price point which it failed to break previously.(entry #1)
The AUD index is appearing stronger market structure wise.

Entry Usd index broke H4 mkt structure to bearish confirming weakness and change of trend.
We saw a BOS on H1 TF further confirming our bias.

Additional confluence of 50,200 ema cross on m15 further confirmed my peak lock.
Pullback to 200 ema, BTMM stuff.

Chart pattern-inverted head and shoulders pattern.
Look at the break and retest.

Additional confirmation, pyschological level 0.68700

Sharing the same sentiment as our previous EU long position.
On 16.06.22 the Usd index broke 4 hr market structure from bullish to bearish.
Again, a stop hunt on EU on H1 timeframe confirmed this bias.
Furthermore, we were watching for a break of market structure on M1 TF on specific psychological levels in London and new york session.

On another note, the Eur index was indicating a very strong EUR cementing the same bias.

Know your base and quote currency!

Trade was taken on M1 Tf after BOS and compression(ICT).

Daily market structure had confirmed a bullish momentum.
Looking at the USD index, price is at critical price where price previously failed to break.
On lower time frame,(1 hr) confirmed a break of structure to the up side.
Looking at the pyschological levels, price was trading at 1.04000 which I deem an important price for instutional traders using quarters theory appreciation.
Analysis was to take a long trade on EU, we will carefully watch for any bearish continuation.
Meanwhile, we are long.

Post trade analysis. NZD/USD