Good morning ladies & gents . We are officially in another bullish cycle for Gold, so the favourable direction to trade it in is LONG. Price created an extremely bullish structure offering us a risk to reward long opportunity. This bullish structure is created through a break of bearish market structure on the D1, H4, H1 timeframes. I'll be scaling out of the...
Good morning ladies & gents . We are officially in another bullish cycle for Gold , so the favourable direction to trade it in is LONG. Price created an extremely bullish structure offering us two key areas to look for longs on. This bullish structure is created through a break of bearish market structure on the D1, H4, H1 timeframes. Today its 15th February...
Price traded 3x ADR down. Created a BMS structure. Price retraced back to M30 Bullish OB. Looking to trade price up to H4 Bearish orderblock sitting above.
Price has now grabbed the pocket of liquidity they left yesterday and is now giving a SMT with multiple confluences making it high probability Will wait for a BMS/RTO during NY killzone SMT DOP 2STD PWH HTF breaker institutional level OTE M5 MM sell model BMS/RTO
SMT + 1 STD + DOP + BMS/RTO + stop run for model 10 + Breaker let's see
NY gave high probability setup following Bull bias 1 STD + sweep of asian low + M15 OB = model 10 buy + confirmation on ltf BMS/RTO
GU swept asian low and gave a model 10 buy before kz It now broke structure and I'm expecting a retracement to the breaker to buy it below DOP and midnight price BMS/RTO + breaker + Model 10 + sweep + discount array
Market structure seems bullish, I want to buy from the last OB before BMS target PWH
you could simply time; -liquidity purges followed by -market structure break indicating incoming shift in MS -retracement into relevant OB / 61-78 fib -euphoric price run targeting counter liquidity AND THATS A P.A TRADING STRATEGY
A complex correction, looking to continue. Down we go. Seeking to test or break the floor first and then the two fib goals traced. Not financial advice.
Still aiming for another retest on 4h demand before taking any action. Currently hoping for long at that level that should be 11380s level. Let's see how it plays out. Long target will be 11260 as previous resistence
Expecting this pair to test the break and see how it play out. #Covid-19 #CrazyMoves #BeCareful Disclaimer: None financial advice.