I've been looking at this chart for a while now anticipating a possible short term reversal. on the chart we can see that price took sellside liquidity before breaking structure to the upside. I would like an entry around a rejection at the breaker block indicated on the chart. Another good possible entry would be the 62% fib retracement, but I have my doubts...
These are the types of setups I really like to see. several blocks of confirmation stacking up on each other. Buyside was taken as we can see on the 4H chart, we then see a break of structure to the downside after that with an imbalance formed. This imbalance, FVG, as highlighted on the chart falls in the OTE zone of the Fib. I didn't add that because I don't like...
Price dropped to a fairvalue gap below just now. this is hindsight but looking at the move shows me price is trgeting th buyside liquidity resting above in the form of equal highs. It could be an uptrend in the long direction, but for now my eyes are at the buyside .
I have seen a break of structure below the New York opening price on the 15min timeframe to the upside. I expect price to retrace to the fair value gap left and then make a run up towards the Asian highs and lows from previous sessions yet to be taken.
#GBPUSD
I see a break of structure on the 1h and a corresponding OTE. this indicates a possible move to the upside for this pair. My entry was on the 5min liquidity run and entry on retest of fvg
Price has performed a break of Market structure on the 4H timeframe, it created an imbalance in the form of a fair value gap and price tapped into that and the breaker located there. I expect a heavy market to the downside on the open. Several levels of interest have been marked on the chart. Let's see what happens
Price has broken structure on the daily. I would expect some form of retracement this week for a push further below the highlighted level of liquidity below. an entry around the 60% Fibonacci retracement level to watch out for. I would however like extra confirmation at the fair value gap on the 4H before I actually take an entry.
Looking at the current state of the market I would like to see a Break of structure on the 5min or 3min as a confirmation to take this trade. I believe there is some bullishness for the GBP in the near term
ON THE 5 MIN there is a breaker and i would like price to drop into that and possibly tap into the fair value gap on the 3 min timeframe and continue the move up
GBPUSD has ad a break of structure on the 1H and 4H timeframes. now price is at the 4h orderblock and a FVG on the 1h. i would like to see a good rejection at this level accompanied with a break of structure on maybe the 5min to go short on this pair. COT data shows institutions are more on the long side of the USD than GBP, so I believe this might be a trade that...
Just an idea going into the week.
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