LET'S SEE IF WE CAN CLEAR LIQUIDITY BELOW AND FILL IMBALANCE AREAS BEFORE GOING HIGHER.
Looking for price to push back into this zone after the NY open and then dump down to 9221.5
A sell idea according to smart money concepts. IG @SniperShaq
Let’s now look at the weekly when referring to our previous post on US30. (SEE LINKS below in order to go over previous analyses on US30) Our next 🎯 is at 24822 the WAP
Smart Money is soaking up liquidity This whole zone including the possible h&s patterns completion is within a zone a range of consolidation on higher timeframe thus you can view it as a market top and potential trap zone. The USD still has room to breathe and reach within the zone of 100.60-105.60 before it tops and consolidates on higher timeframe
Commercials Net Positions 1/27: Buys 212k Sells 564k Commercials Net Positions 2/3: Buys 192 Sells 553. 🤔Thus telling us they have decreased long positions and decreased short positions Institutional Net Positions 1/27: Buys 374k Sells 57k Institutional Net Positions 2/3: Buys 376k Sells 46k. 🤔Thus telling us they have increased their long positions and...
FX:EURUSD Missed the 4 hr outcome candle (lowest blue line), now looking to catch the "Test" or mitigation play based off Wyckoff accumulation schematic #2
FOREXCOM:GBPNOK I will continue to post thought -out analysis. 1) The outcome candle (purple candle) liquidity grab on a retail pattern printed by smart money. 2)Outcome candle falls between the green zone (.786 - .886 Fib levels from the weekly bearish candle) 3)Take profits below a retail support level 4) 8:1 ratio trade