There is some obvious areas of imbalance and Manipulation that is currently above price marked on the chart. But there is also some imbalance below, If we see a return to the lower imbalance, we will look for longs with targets at the top of the overall HTF Range.
Not super excited about it as it is sideways on HTF, but, it seems to have been this way for a while.
This is the 4 Hour Candle chart view of the MES1! (Micro E-Mini S&P 500 Index Futures contract) This has been trending up and literally just broke to a new high at the end of December 2023. But since that point, the chart has posted lower highs and lower lows on the main high and low swings.
I am overall very much still long on this futures contract, but, I...
Found a buy setup, waited for the return to .786 to .82 set as my zone for entries as long as we see bullish engulfing candles on smaller time frame, We noticed a bullish engulfing on the 1 min, we took our entry with a 12 to 1 target, will move stop loss into profit at each swing low until I get stopped out.
Now... once we get back to the main manipulation...
GBPUSD Long Trade 2:1
As you can see, there was an impulse to the downside, this pair is long on higher timeframes and when zoomed further out so we are looking for buys, from this downward impulse we draw a fibb down as shown on the chart looking to take profits close to the last high. We are placing our stop right below the swing low. If the 15 minute chart...
