XAUUSD Intraday Short SetupPrice has broken two structure lows and created equal lows on the H1 timeframe.
Failed demand indicated on chart was broken by the flipzone but the flipzone was mitigated an d the last supply zone is marked with the gann box as a possible entry for shorts to fill the voids below and take structural low.
An extra confirmation will be if price takes the asian high first before heading for my entry
Ictanalysis
DXY confirmed FVG high and low FVG high and low confirmed+ buy side liquidity sweep to the far left of chart/old high raided. Suspect highs at fvg high, looking to see if price will run out these highs and will monitor price action for any significant sensitivity. Though it is Friday, we most likely saw the whole weekly range traded and investors would most likely look to realise some profits.
STUDY OF EUR/USD ICT Concepts, Optimal Trade entries Hi all,
Just a very quick video to give an example of an OTE based on my studies of the ICT concepts on this pair and other pairs.
I thought I would publish this idea not only to help others who may be studying the same thing but also to re affirm my own learning process.
Disclaimer: I did not take this trade, This is simply study of historical data, I am sharing my work for the purpose of collaboration and assisting others with learning if they happen to be on the same journey as me.
If you have any advice questions or comments please feel free, or if you notice anything I'm missing, or could benefit from then please comment.
Would be great to swap ideas back and forth if anyone is also looking similar concepts.
NOTES:
the channel breaks to upside and downside aren't necessary to form an OTE but this helps to build a story of confluence to establish a bias.
Dollar backed currencies - *Dollar backed Pairs*
Inner circle trader
OTE
price action theory
DXY ANALYSIS Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER ,
As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI).
Looking at the chart there is a draw on liquidity I marked which is the LRLR/MONTHLY FVG , I expect price to fill the daily FVG/BISI in the MITIGATION BLOCK area, retest SUPPORT and rally up to seek the LRLR/MONTHLY FVG.
I'm expecting bullishness on the Dollar short term from my view.
BITCOIN BUY NOW ????This is my analysis of the cryptocurrency. The bitcoin craze is leaving people thinking if it's too late to buy the cryptocurrency. Per my analysis I'm expecting two scenarios to occur. Bitcoin could bounce from where it currently is ($30,000) and create new highs around the $50,000 level. In the second scenario, I'm expecting the bitcoin to fall further to the $20,000 level before shooting up. Personally, I'll be waiting for the second scenario before investing in the cryptocurrency. Note that this is just a speculation and not investment advice. You invest in the cryptocurrency at your own risk.