I'm not one to pick what stocks are going to do, But knowing that Smart Money will work on every Market, I believe this is the best-case scenario. Price seemed to have hit a low around 208., then make a short term high near 240, and them come right back down before it moved higher than that 240 high breaking market structure. And it has not created a lower low....
What a boring week for GBPUSD. The price action within the range is suggesting price wants higher before we begin to see pullbacks to fill footprint imbalances. As soon as we clear liquidity from this equal high, I will look for sells in the supply region. Good luck traders! 🔥
A range is being created within the supply zone. We are also creating equal high liquidity points of interest that are likely to be targeted before we continue to the downside. I have illustrated what I would like to see before I look for sells. Good luck traders! 🔥
Look at how beautiful this setup is. With the news volatility coming we may be able to get price into the supply/imbalance followed by rejection to the downside. I will set an alert and monitor price shortly, if price surpasses the invalidation line, I have no interest in this setup. Traders, if you have your own opinion about this idea, write in the comments...
incredible bullish week last week taking us right back into discount pricing and leaving equal highs right at the daily swing high. This move has left some daily imbalance and some really nice lower timeframe areas to trade. it would be really nice for the equal highs to be left in place for the short term, and price come back to around 1.1300 to mitigate some...
Last weeks PA we finally saw price break out of the range we have been stuck in since November. This left a nice order block to look for opportunities in next week. I would like to see price test the 1.6000 area in the coming weeks as for me this is a key order block and key daily structural point. Keep it simple and trade what you see.
Looking at this schematic, I have analyzed AUDJPY and i see we recently had Equal Highs and we retested the order block as well, meaning that we have a good chance of going short. My stop loss 2 pips and i am targeting +20 pips.
Possible shorts here for USDJPY - I believe price will wipe the equal highs as there is a lot of liquidity sat above. Could then tap into the OB and press for the real move down. Approaching a big area of resistance but needs to grab some liquidity before a move down. Lets see how this plays out...
Looking at NZDJPY on the larger time frames I am bullish. This to me looks like the perfect setup. Let's see how price delivers Any questions or opinions I'm happy to answer or speak about
Sh - Stop hunt , Break of structure + Equal highs on top as target
Price has created a new higher high on the daily and done a deep retracement (HL) into the area it's in right now. Looking for price to create another higher high and test of the last IC candle to the downside and target some of the equal highs and areas of imbalance If there is a strong immediate reaction from entry area, then will look into entering the trade....
Price is likely to clear the two clean highs around 1.35290 on H4, before a bearish reversal. A good entry can be seen on the H4 imbalance.
hello traders, my possibilities are rejection off the neckline from the double top or from the gap at the bottom. Either way hoping to be selling for the rest of next week. Thanks for Reading
As a student of ICT, you're taught to draw your fibs at specific points. Like the low of the last explosive move that broke a high is where you would place the bottom. And of course the obvious top. Fib has been drawn. There's usually a sweet spot of the 70.5% that it likes to narrowly cross for a great entry. It just so happens that there is a breaker in the 5...