AUDJPY (W/H2) - anticipation for next week. Expecting an HRLR below old lows. Weekly and Monthly are in a range. Monthly is also bullish'like. Also notice an unmitigated Breaker just below old lows on H2 Please note, this is not a trade setup, we are anticipating a trade setup to develop here. Doing nothing till then.
There's a ton of open float / liquidity collecting below equal lows of $28.7K - price is expected to reach there in a few weeks. Below the liquidity grab, there are two open Fair value gaps which could support price. Wait and watch.
Prev week : 2 candle FVG This week : FVG closure and a Breaker+
Prev week created 2 candle FVG This week mitigated it with a Breaker-
Previous week created a 3 candle FVG, this week mitigated it with a Breaker+
Previous week had a 2 candle FVG This week closed that FVG and created a bearish FVG-
Sugar futures reacted off to a bullish rejection block on Weekly, creating a breaker+ on Daily. It'll be interesting to see how this plays out in next few weeks. Target is the liquidity up top of the range.
ES1! / Emini / SPY500 is approaching liquidity reference points - and there's an unmitigated OB+ sitting right below it. This "could" be where ES1! finds support for the next swing up. Play this on a lower time frame like 4H/etc. GLGT
Weekly created a 2 candle FVG, 2H retested it and created a Breaker- in the process. We want entry before the opposing 2H objective is reached
Weekly created a 3 candle FVG, 4H came an retested it with a Breaker- We are trading the breaker
Daily created an FVG- and 2H came and tested it, created a Breaker- in the process
Monthly created an order block, daily came and retested it. We plan to buy the Breaker+ that was created in the process.
Monthly closed a 2 candle FVG and created a breaker- in the process. Trade setup is invalid if the 3 candle FVG closure is hit first. We actually want to use it as a target.
Weekly broke out, have a mitigation+ pending on 4H
Previous month created an OB+ This month just created a breaker+ on daily
NYSE:ABC made an OB+ on monthly, then made a Breaker+ on daily. It'll be fun to see how this proceeds tomorrow.
On 1H, price broke structure after sweeping buy side liquidity, trapping all longs. We trade short when the trapped longs exit. Expecting entry before the price takes out equal lows at the bottom - else the trade is invalid.
Previous week was a bullish order block. This week, price formed a bullish breaker. We trade along.