Will be watching for a potential long entry later tonight.
IF we fill the 1hr IMB level which also happens to be inside the Daily OB
I will be watching for a 15m Break of structure and looking to take it long.
The set up will need to be very clean and i will take partials early to reduce risk.
This Gu long was forecast by Bill however the entry ended up happening at 4am while i was asleep.
Very clean entry that ticked all of our entry criteria.
Point of interest taken from the 1hr time frame
With the entry being taken off a 1min order block
This 1min order block is a refined entry from a 5min SC
Last night we perfectly filled the 4hr Imbalance and we have now rallied higher turning all time frames once again bullish.
The asian sweep long will now be a super high probability trade if we get it.
Main area of interest to be dropping down to the lower time frames for an entry is the 1hr imbalance / 1hr order block area.
We have alot of 4hr imbalance above so this trade needs to be a very clean set up, with enough risk reward to be worth taking.
Will not be pushing the target very far as there is a high probability that we fill the 4hr Imb above before we head lower.
Ideally want to see some IMB on the lower time frames leading into the area of interest, after a nice and compact...
Potential short term trade long on gu off the 1hr IMB fill zone.
Will need imbalance on the lower time frame that needs to be filled, at the time of entry.
Will only target the asian session highs due to the HTF structure.
Will be watching for an Asian session sweep short.
We still have 1hr Imbalance below that needs to be filled.
Have several points of interest that we could possible reject from.
Will be watching for a confirmation entry on the lower time frames once we hit the first point of interest.
If we retrace to the back end of the 1hr orderblock then i will be going more...
Potential Asian sweep entry
Asian range must stay nice and tight and not go any higher.
Looking for an entry off the 1hr IMB fill level or deeper into the 1hr OB
Entry will be on the lower time frames, Confirmation entry
Risk to reward must be 5 to 1 to the Asian session highs to be worth taking.
Watching for a potential Asian Sweep entry:
-Need Asian session range to stay compact
-Need a confirmation entry at my point of interest
-Need a risk to reward of 5:1 or greater to take profit target.
This was a clean continuation flag short taken earlier today. Showing why i trail my stop tight after running a few % rather then pushing for bigger moves.
Now price has retraced looking to see if we break into an uptrend and then i will be looking for a Flag entry long.
Will be watching this close after market open to see if we can get a nice Rejection Flag entry short.
Looking for very similar price action to what we had a week ago.
will be aiming for just under 4% profit if the entry ends up happening.
This is a perfect example of a continuation flag entry on EU that was taken earlier this month.
The fact that it was the first flag after a 1hr trend change, as well as also being the first flag out of a descending channel
Means that this was a high probability trade.
Now that we are starting to get some momentum to the downside, Out of a clear corrective channel.
Will be watching price very closely for the next hour or so to see if we retrace or if we continue lower and give an entry
After never getting an entry long my bias has flipped and we have a a possible short term sell.
Clear mini trend change so will be watching to see if we form a little flag to try and take to the down side.
Will only be aiming for 40 to 50 Pips if we get a nice entry
This is a perfect example of the Set up that i was looking for yesterday on EJ when i posted the forecast.
At the time of posting the Price action was looking identical however over the next few hours the FLAG failed to form never giving us an entry.