Equalhighs
GBPJPY: Sell Artwork 🧑🎨Look at how beautiful this setup is.
With the news volatility coming we may be able to get price into the supply/imbalance followed by rejection to the downside.
I will set an alert and monitor price shortly, if price surpasses the invalidation line, I have no interest in this setup.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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EURUSD dailyincredible bullish week last week taking us right back into discount pricing and leaving equal highs right at the daily swing high.
This move has left some daily imbalance and some really nice lower timeframe areas to trade.
it would be really nice for the equal highs to be left in place for the short term, and price come back to around 1.1300 to mitigate some imbalance and some lower time frame pricing before hunting the equal highs
EURUSD daily Last weeks PA we finally saw price break out of the range we have been stuck in since November.
This left a nice order block to look for opportunities in next week.
I would like to see price test the 1.6000 area in the coming weeks as for me this is a key order block and key daily structural point.
Keep it simple and trade what you see.
How to Track Liquidity and Trade Them? | Sell_Side Buy_Side |Ever thought a price moves because it's on support level or below a resistance level? Or because your favourite indicators show a buy/sell signal and you want the price to see the same and move in you favourite direction? A Big No, dear. That simply won't happen...
The main gyrator of the market is "Liquidity"
What is liquidity?
Liquidity, in very simple terms, is where stops are. And that's (mainly) below relative equal lows or above relative equal highs... So you're now maybe thinking, "well, that's why I get stopped out just before the price moves violently in my previous direction.."
Exactly, that's it... Learn how to see where liquidity is resting and how to to become engaged in a good trade...
That's exactly what I want you to do...
And here is one lesson of many that I will post.. in addition to live calls when I see high-probability setups... I will turn your eyes to it...
Ther are a lot more to come, so don't forget to ▶️ LIKE ▶️ FOLLOW to keep updated with everything I post..
Let me know in the comments what you wanna be the second lesson on..
Good Luck&Be Safe
USDJPY - ShortPossible shorts here for USDJPY - I believe price will wipe the equal highs as there is a lot of liquidity sat above. Could then tap into the OB and press for the real move down.
Approaching a big area of resistance but needs to grab some liquidity before a move down.
Lets see how this plays out...
Understanding Equal High LiquidityThe concept around equal high liquidity comes from the understanding that stop losses hold above these points.
In this example, price broke out of bullish structure and began to form bearish market conditions.
This would of course attract sellers, especially at the double top point marked.
The idea is simple, tackle the impulsive sellers before the trend continues.
You can see that price began to lure sellers in from the double top but then came back to take them out before continuing with the true move.
This type of move falls under all concepts of money distribution within liquidity and is definitely worth adding to your strategy.
AUD/CADPrice has created a new higher high on the daily and done a deep retracement (HL) into the area it's in right now. Looking for price to create another higher high and test of the last IC candle to the downside and target some of the equal highs and areas of imbalance If there is a strong immediate reaction from entry area, then will look into entering the trade.
On the other hand, with the strength that price is coming down with, it could easily break the last lower low. So will be looking out to see if price has strong rejection from entry area, if so, a retest of that up candle would be the ideal entry.
Basic Concepts of Liquidity Truly understanding 'why' the market moves through basic concepts of Liquidity
This basic analytical overview is derived from the institutional methodology used at Phantom Trading.
We use this institutional methodology commonly known as 'smart money concepts' in conjunction with additional pieces of confluence to utilise Liquidity around the factualities of the market.
Within the graphic is 'reads a story of transitional money flow' in a clear, concise manner based on a 'vanilla / utopian / textbook' setup.
At the extremity we can see the absolute 'swing high' creating a BMS (Break of market structure) followed by an impulsive continuation to the downside showing 'Bearish' Intent, the market tapping into demand & buy side liquidity has then correctively navigated back towards the previous swing high, printing what is commonly known as a 'double top' where several 'trading styles / types / characteristics' come into play - Front running 'Breakout traders' , Double-top' traders and the more patient Trend continuation', 'Breakout & Retest' traders. Knowing and understand concepts of Supply / Sell side liquidity around these levels we classify these as EQH - equal Highs as Liquidity is manufactured in these specific regions filling bids & offers.
Once we have 'swept the liquidity' above the EQH it provides us with additional opportunities to Short the 'asset-class'
$XAUUSD - On Pullback to SweetSpot Entry 1930As a student of ICT, you're taught to draw your fibs at specific points. Like the low of the last explosive move that broke a high is where you would place the bottom. And of course the obvious top. Fib has been drawn. There's usually a sweet spot of the 70.5% that it likes to narrowly cross for a great entry. It just so happens that there is a breaker in the 5 min chart at that exact spot. The stars align. You also must have a sell or buy bias going into a trade. The bias is to the buy-side as it just broke two previous highs and created equal highs while doing so. People see two equal highs and think resistance. Smart Money sees two equal highs and sees Liquidity which smart money wants to take. Put your sell stop there, smart money will buy through it and take your money. That's how smart money works. Additionally, there are two more previous daily highs just above that at the first TP extension of 127%. Everything ICT teaches is unfolding in this one setup. I haven't looked at gold in a while because it was getting a bit tough to see what could happen. But this one just speaks to me. So this is my call. OANDA:XAUUSD