We are completing a higher timeframe Wyckoff distribution, which coincides with the lower time frame 15 min. Watch for reduced demand, and adding to position over next 1-2 weeks. Lots of news to impact.
Gold to pull back to area of demand. Creating a Higher Lpow on the Daily time frame which has been bullish. Multiple scenarios based on how far election news will push it, all with good risk reward. Will look for reactions at each zone to see how it reacts. Could add small positions at each level, with a total SL at the final bottom.
Watch for gold to push down and then grab liquidity. Strong spike once orders triggered. Look to enter once spike is formed and engulfing candle
ETH setting up on daily and 4hr for wyckoff. Volume diminishing. Break and retest
Short indices, using fib and supply/demand levels.
Visa pulled back, will push higher to recent highs.
After a tough week for GBPs I see strength returning next week, and testing the previous highs.
Entering a GBP short at Supply zone, confirmation based on 61 level fib. If it breaks will look to enter at 78, or between based on price action