As we can see price wasn't able to take BSLQ but in fact took SSLQ from the Asian session. Due to not closing below the M15 internal low it looks as if supply is in control. From here it looks as if the LDN open high was to induce sellers and i can see price coming back to take this high again.
Here is my markup for AUDJPY dated 10/06/2024. As expected AUDJPYs growth has had an increase is bearish pressure. Signs of a bearish takeover are emerging, suggesting possible short-term or further consolidation since the impressive rally in early May. After breaking key structure and shifting momentum i can see a big sell off coming and I hope you can see...
Here we see a trade Idea utilizing the 4HR - 15M + 5 M timeframe. I'm forward testing this to see what happens.
I'm looking at the Australian Dollar Cross Canadian Dollar pair this week. Looking back at this pair. I can see it has been very bearish over the span of 247 days, give or take. 27 Jan - 27 Sep. This massive 970+ pip range was unable to break the previous swing low resulting in a change of market structure. This shift in bullish momentum tells me those prior lows...
GBPCAD has broken daily structure, prompting at a change in market sentiment. Price has retraced into a premium prices on the HTF. From here ill be looking to short the pair. With news coming out expected to be bearish during PMI this looks like a comfortable place for me to enter short from.
Here is my outlook on GBPNZD. hope this is of value.
Here we saw a clear reaction to the upside. The market left behind imbalance which shows the level of volume and momentum behind this AOI. From here i used Fibonacci to enter at heavily discounted prices and the pair is currently +105 pips.
Price may once again test the 1.27300 zone on GBPUSD before dropping strongly or immediately from this location. We have a clear break to the downside, where price swept the highs before shortly after a strong rally with the bulls. We'll have to watch to see if DXY sustains its bullish momentum. The GBPUSD might quickly fall considerably lower if the positive...
The price has recently broken out of an uptrend by rising above its previous highs and reversing the structure. I see a shift in sentiment since pricing took liquidity away from prior customers resting liquidity. The imbalance shows that the volume left price behind and gives the idea added confluence. In order to maintain the downward trend, I anticipate that...
Price has broken out of a bullish trend. after grabbing some buy side liquidity price broke structure. this gives me a great selling opportunity at premium prices using Fibonacci.
Here is an example of trade I'm in. Gold had accumulated for a period of time before we broke structure to the downside. here we can see a clear imbalance where price moved so quickly. here id expect to see price flow pull back to the order block where we initially broke to the downside to eat some more orders in an effort to refuel to continue pushing to the downside.
Price has broken structure to the upside after being bearish. Here we have an A+ setup. Price swept Liquidity before it broke to the upside leaving behind a valid order block an inefficiency in the market.
as price has aggressively pushed to the upside yesterday we left a strong area to retrace. since then supply has taken control and we saw a retracement to the downside which left an imbalance in price. this lead to breaking structure to the downside after it swept previous liquidity. I will be looking to enter short from this AOI.
After sweeping liquidity multiple times, price has broken structure to the downside. This structural break has indicted that supply is in control and in doing so has created an order block and imbalance in price due to the heavy momentum. Here i will look for piece to pull back to a premium price where I deem enterable. Let me know what you think. I hope this...
Price has broken out of its recent bearish trend. here we have a break of structure indicated by HH and Hl. price left behind an imbalance creating a discounted price to re enter in continuation.
Price is Bullish on the Daily. Watching price action you can see that we have been trading higher over the last couple of weeks. Here we can see continuing its trend and breaking structure as it climbs. Price had previously swept liquidity before gaining a lot of momentum to the upside. This has left an inefficiency in within price action. Id like to see price...
After sweeping liquidity multiple times, price has broken structure to the downside. This structural break has indicted that supply is in control and in doing so has created an order block and imbalance in price due to the heavy momentum. Here i will look for piece to pull back to a premium price where I deem enterable. Let me know what you think. I hope this...