We've been heading to mitigate out to the downside for the last 3 weeks. I've been holding a buy back up to the mitigation levels in anticiaption of a drop to the 63800 price points where another mitigation play needs to take place. As always.... PATIENCE - CONFIRMATION - ENTRY - PROFIT
4 hr mitigation candle has been hit, looking to catch a small move down in order to take gold a lot higher. Overall bias is bullish on gold to take out the old high.
I'm in for the first potential retracement move to the downside before I look for entries back to the upside but would prefer the higher entry. We can only trade whats in front of us however, game of educated probabilities....
Price has reached a beautiful mitigation candle on 1 HR chart and we are looking to take this for a sell all the way down to the equal lows.
I still genuinly beleive there will be a UK market crash this year or early 2021 due to brexit, the chart set ups and other economical data give me the confidence of this happening. We will just have to wait and see how this plays out after the UK officially exit teh European Union at 11pm tonight but I am ready to capitalise on this misfortune...
If we can hike to the 1.93300 price level to fill imbalance and mitigate out of the open order, I would be looking to swing this pair right down to the 1.80600 levels sweeping liquidity and filling imbalances. As always.... PATIENCE - CONFIRMATION - ENTRY - PROFIT
We've had the weekly distribution schematic happening perfectly so far, now marking this up again I'll like to see the 2nd LPSY be made for our 1000 pip entry move to the downside which adds confluence of our GBP based pairs heading to the upside long term heading into the first few months of 2020. From that point on I expect EUR to then start to rise begging a...
We've caught the sell back down to fill the imbalance, now gearing up for another 600 pip bullish rally. I will hold my sells as I wanted GBP pairs to drop lower before the rally but the elections had different ideas about that so we will see how this now plays out to potentiall end 2019 with a strong GBP.
Open and mitigated orders at play. We have a vast amount of liquidity in the market to sweep and with the DXY looking bearish at the moment, we can expect all pairs ending with USD to rise in the short term before they continue their bearish runs. PATIENCE - CONFIRMATION - ENTRY - PROFIT
NFP & CAD news at the same time today, this pair is lookign very intereting to look at as the news hits. As we know, institutions use news as an excuse to move price to it's intended targets where they can mitigate out of or get closer to mitigation. We have an open order just below 31975 and also imbalance we could target for entry to the upside before we see a...
I was expecting a bearish sentiment before a very bullish GBP market with Brexit & elections on our door step but it seems the GBP keeps rising which is scary in these uncertain times. This indicates to me a very big market crash coming in 2020 as expected with chart readings, housing market, interest rates, the usual market crash cycle and many other factors tied...
Cleared all IPA's waiting for it to sweep these eq highs and aiming for all eq lows! Please comment criticism! Thank you!