What I believe is depicted in the graph. Convince the retailers to buy during the London session while it runs into a bearish order block, there will be an abrupt turn around and price to head below the equal lows to trigger the retail sell stops. The probably a pull back and take those sell stops out at their stop losses. Then the continuation sell. The...
Due to the major shift yesterday, my daily bias is to be bearish. And even though we have not made a lower low, we have yet to create a higher high so I'm being a little aggressive with a bearish call since I don't have as many confirmations as I would like to have. I pulled fibs across a few situations and entered on each three of those situations shown and 3...
I drew this up last night thinking it would happen during the london session. But after today's confluence of the bullish day trade reached it's pivot point was the exact same Weekly Bearish Omptimal trade entry. Todays Bull trade, entry at 1.6940 was the 62% retracement around 8:30 A.M. Eastern time. That same fibonacci's pivot point meets the the 70.5 percent...
Smart Money Sell stops below the the wicks. Aim for a new low. like 1.16408 then 1.16320... Ok so I already Scalped this. Depending on my bias that could be the low for the day. Or it could be retracing for a better entry. Just waiting on London Open to Find out.
Was looking at a continuation of NZDUSD bearishness as we had a strong momentum push and clean 4H Equal Lows which Big banks were targetting as retail traders had their stop losses below the 'support'. We had a sweep of Asia low in London which created Equal lows on the 1H. We then run the high also meaning i was ready for entry in New york as i now had 4H equal...
Here are some key price areas ill be watching this week on AUD USD wanted to share my perspective and levels so maybe you can come up with some key thoughts on your own in regards to weekly or daily direction either way hope this helps as you prepare your analysis
There are 3 pockets of sell side liquidity right below us, which are ready to be raided! Short term : ICEUS:DX1! will head lower in search of liquidity Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided. Also, lower DXY means higher S&P in the short term, lower in the long term.
In my opinion price moving back into IC Candle to then take out the double tops and the imbalance
-JordyDaddyFX There is liquidity sitting above the highs see how there's a triple top. rice can go ahead and sweep those highs off if DXY will continue to be bearish. Until then my BIAS on DXY remains BULLISH. I will buy off on the 1H chart when it touches the OB or fills in the FVG by it. I will take partials but keep in mind price won't likely go to those...
I AM NOT IN CONTROL OF YOUR ACCOUNT. THIS IS JUST A POSSIBLE TRADE IDEA... IF YOU TAKE THIS VIA MARKET EXECUTION/ BUY LIMIT ONLY RISK 1-3% MAX
Ive share a view on gold a few weeks back search the Chanel you will see and 'Gold has moved exactly as we predicted here is an updated view
Since DXY is consolidating there's no actual direction right now. Juts trade within the range and don't expect much. Since price broke a high price can reverse and go a bit lower just like how it did yesterday. Either buy to sell or sell to buy scenario.
Follow along with me here since I posted my last idea about this (see my linked ideas) Gold has done some interesting stuff. And now that I've had time to digest it, I understand what's going on (kinda). Ever had a trade where you knew you had the trade correct, it hits your sell limit and takes off and your twenty pips up. And before you know it, you 50 pip...
Looking for a sell on Eurjpy on the last but before the sell which took liquidty (Equal highs). The order block is in the premium price level. Targeting once again clean equal lows. Similar to my EU set up.
Looking for a sell scenario on EU as the DXY is now looking very bullish. Data releases on USD are heavy on Wednesday so that is when we could get the spike into our entry point which is the last volume filled buy before the sell which took equal highs, rounded up to the 500 Level for the better RRR. The daily structure is now bearish after making new LL. Entry is...
The DXY is showing increasing bullishness after filling market gap. Meaning NU should be weakening over today and the week ahead. We had highs swept and reversed very aggressively showing market maker manipulation. It then broke the 1H structure and we looked to enter off 1H Imbalance zone using 50% as a reference point using the fib. Targetting 1:3 and 1:5 taking...
The DXY is showing increasing bullishness after filling market gap. Meaning AU should be weakening over today and the week ahead. We had equal highs formed which were swept and reversed very aggressively showing market maker manipulation. It then broke the 1H structure and we looked to enter off the buy to sell open as a reference point using the fib. Targetting...