The market structure is heavily bearish on HTF and LTF, Here on 15m TF we left unmitigated order flow above which also has a daily and H4 FVG's , Shorting from that area to the weekly FVG below.
This pair is moving toward the LRLR (Low Resistance Liquidity Run). I mentioned this move in my Weekly Forex Forecast, and price is now reaching for the old highs. I am mindful that tomorrow's economic news, Core PCE, will likely turn the market volatile, and potentially turn the bias. We'll see. Best to wait until after the news announcement for new entries.
Context: • Prev. month close above consolidation, this month broke prev. month high • Weekly: Bullish FVGs, prev. week had negative close, this week broke the prev. weeks high significantly • Daily: In bullish swing, left consolidation with close abote montly high and consolidation range. Yet showed a rejection (long wick) Idea: • Direction: Long • Entry area:...
yea so unless dot can clear this fvg its not going up and thats basically reflecting market in general
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So i have been now trading using FVG and Fibs for well over a year in a half now and i can personally say this is by far the best trading strat around since i started using this i right away noticed how it really does simplify trading down to the bare bone essentials which has helped me see and read price action a lot better yesterday being the best trading day i...