Price is currently in a downtrend on multiple timeframes and has started retracing from the last low it made. It has left a big imbalance in price and this could be a decent area to look for an entry. Ideally an entry slightly above the imbalance from the 4h OB. The entry area also aligns almost perfectly with the 0.88 fib level, which is an additional confluence....
Prices did broke structure to the downside, and now potentially giving us a change of a character to the upside. Wait for the H4 choch before taking buys into the supply.
Price is now facing an important and strong accumulation area, and price just hit the level of control and the level is expected to be defended. It's clear that price now is forming a channel. The 32k-33k level could be tested again and then start to moving up. Expected to reach 47k.
Prices broke structure to the downside, leaving behind a supply area to get involved. Using our 3-SP methodology, look for confirmations to the downside.
Prices are at a supply zone. We are waiting for H4 pro-trend by means of a break of immediate H4 demand. Trade the flip if that happens. Otherwise, wait for supply to fail, then trade the demand that caused supply to fail. Using 3-SP methodology always. Trade safe!
Prices broke structure towards the upside, leaving behind a demand zone for us to work with. Use the 3-SP for confirmations to take long towards the upside.
Prices broke structure, leaving behind an area of demand to get involved. Similarly, look for a 15m shift in structure for buys.
Price is in a correction state, the next move is probably a big down move, so big institution want to be sure to take all the positions they need up to start moving the price down. Let's wait and see how price will perform and what will tell us...
Price tend to fall in the big picture, but seems like price not ready yet. Price is trying to mitigate in some liquidity zone upward in the 4h time frame, and some imbalances needs to be filled before. this could be a good intraday trade...
Price broke structure on the higher timeframe, looking for a pullback into our supply area before we take sells. Using the 3-SP method, we are waiting for a structural shift on the LTF before we fire an entry.
Could be a Good intra-day Trade... Price is in a distribution phase, probably we could see some manipulation before price drop.
As discussed in the weekly market analysis, we are looking for a pullback onto either of these demand areas to get involved. As a HTF trader, you can look for an instant execution. Otherwise, look for confirmations on the lowertimeframe for a long position.
On the chart we can clearly see some smart money concepts mixed with elliot wave theory. Blue box: impulsive move which broke structure to the upside Green box: institutional candle / orderblock / ... Prices must always come back down to mitigate.
Last buy before falling. In my point of view, there's no reason to not buying this correction, even if it seems bearish on the big picture.
Prices are trading near weekly highs, looking for a sell to buy and buy to sell move. Wait for the shift in structure on the lower timeframe before taking trades.
I'm planning on shorting gold from this OB which was the source of the huge move down on the 5th of January. Got 1% risk on separated into two individual entries of .5% The levels marked are the open of the OB and a refined level within the OB which price could push up into for LQ and then reject off of. Time will tell!
From a smaller time frame, this could be our intraday targets once #GBPUSD start to fall. Take a look to the previous setup from a Large time frame view attached down.
Price is about to face a critical liquidity zone between 1.36500-1.36600. GBPUSD is Bearish Overall, and didn't complete it's full down target. Price trying to mitigate and fill the imbalance. we expect that price will rebound there where the institutions and banks will defend their positions their and continue their down move to reach 1.29400. A big move is...