XAUUSD, waiting for intraday ICT Short setup Plan to trade on February 16
🔥 XAUUSD SELL zone 2020 - 2022
🔹SL 2025
🔹TP 2010 - 2000
XAUUSD H4 and Higher Timeframe in Downtrend 💵💵💵
Yesterday retraced up back to Fib. level 50% to 2008.25
So we are looking forward and M15 and H1 ICT short setup for trading.
Key Level target is 1993.6
Supply Zone 2008.2 to 2022.2
Demand Zone 1985.7 to 1922.4
Ictconcepts
XAUUSD LONG AND SHORT Hi Friends
I'm back with another analysis, To begin with gold is in a downtrend and there are multiple supply levels which the immediate one is a 5 min supply level around 2025-2026. then above it we have 2027 level which this morning market reacted to. Currently market is above the demand level of 19 and has reacted to it multiple times already. incase market continues downward other levels do exist for a long trade.
In case we go up supply levels are also drawn.
* As always add your intuition and logic into this analysis and trade cautiously
*Be honorable
Post High Impact Dollar News Potential Short GBPUSDDollar news has been released and the idea at the moment is to wait for the m15 FVG to rebalance . The FVG is in Premium prices where I would be interested in taking a sell. Failure to rebalance will result in me not having to enter sells.
The main draw is the Daily Sell Stops.
Kind Regards,
The_Architect
GBPUSD Sell Order ContinuationI anticipate further sells on GBPUD, we have rebalanced a H1 FVG and I see a further continuation to draw to the Daily Sell Stops for the day. IPDA has also been engineering liquidity to the downside that we may want to Draw to first, thereafter the Daily Sell Stops will be the next target.
Please refer to my pre-London analysis that will help to justify my first entry for sells.
Kind Regards,
The_Architect
GDP (GBP) Potential Sellside Draw GBPUSDGreetings, the GDP (GBP) is going to be released shortly and my anticipation is a continuation lower for GBPUSD to reach the Daily Sell Stops. Price at the moment has rebalanced a H4 FVG and on the H1 we have a Turtle Soup (False BOS) . The false BOS gives us an idea that IPDA took the high in order for order pairing to occur.
Order Pairing essentially means that IPDA (Interbank Price Delivery Algorithm) is pairing the Buy Stops at that high (Buyside Liquidity) with its Sell Orders. In other words, the algorithm is entering its Sell Orders to the willing buyers that point.
Once Order Pairing has occurred this establishes a High Resistance Liquidity Zone , meaning that the High becomes a Resistance point, because think about it this way. If you were the Institutional Bank, if you had already entered a order up there, why would you deliver price back up there?
Kind Regards,
The_Architect
Goldbach levels explained The algorithm uses the following equation
3x3 =9
9x3 =27
27x3=81
81x3=243
243x3=729
729x3=2187
And so on…
These are our power of 3 numbers we want to keep in mind.
When we get the final result, charts will move 3,9,27,81,243,729 pips..or points or dollars at a time.
It employs goldbach levels using (po3) dealing ranges and completes objectives along each (DR) from low to high and back .
Why don’t your fair value gap or order fail to work sometimes but not always?
The dealing range you see has labels- each of icts pd arrays form and work specifically inside of the right level. Order block forms in ob
Fvg forms on fv
Liquidity voids ( long insane runs / candles) start from the lv levels ONLY.
breakers form in br
Mitigation block is mb
Rb is rejection block
If you are a Fvg or order block trader you need to understand this. The algorithm will only form the correct structure in the correct area…again like all ict concepts, it is completely fractal in nature.
Each po3 number has It’s own dealing range and smaller ones (3,9,27) all work inside of the higher ones (81,243,729)
From high to low is just these numbers in amount of pips ..
27 dr (dealing range) is 27 pips and so on, they are made up of a premium and discount also
Buy in a discount, sell in a premium..ya once 0.5 is a premium market
Since I’m on the daily using more time to swing, I’m using a 243 and 729 dealing range.
We are bearish. The algorithm is perfect.you have to open your mind to see what’s really happening…..
CPI (GBP) Potential Sellside Draw GBPUSDThe CPI (GBP) is going to be released at 02:00 NY Time today and what I am anticipating is firstly a push into the H4 FVG which on the H1 will result in a Turtle Soup (False Break of Structure). The Key is to note that with draw we move from External Liquidity (Highs/Lows) to Internal Liquidity (FVG's) and versa. If the rebalance does not occur I will react accordingly.
After the H4 FVG is rebalanced I am anticipating a High Volatility Draw to the Daily Sell Stops. In fact what is very important to note is that IPDA (Interbank Price Delivery Algorithm) is running a bit late and the Daily Price 1.23740 has to be reached within the next 12 Days.
Concerning the Long Term Sellside Narrative, refer to my GBPUSD Long-term Draw analysis below.
King Regards,
The_Archi-tect
Understanding the ICT BREAKAWAY GAPIn this video I go through the ICT Breakaway Gap and how YOU can use it to your advantage. I include some tips and tricks with a real trade setup demonstration.
The Breakaway Gap may have been an elusive concept to understand, but I present a simple way you can spot them on the chart and frame your trades around them. It is a powerful weapon that can be used to snag some awesome trades.
Simple put, the Breakaway Gap is a gap that does not get traded into with the NEXT FEW CANDLES. Emphasis on the last part because price is fractal, and the best way to frame a trade with ICT's Concepts is by taking a few candles on the higher timeframe for your bias, and going to a lower timeframe to form your narrative, and either entering on that timeframe or even going to a lower timeframe for your entry.
Hopefully this gives you some insight into one of the many concepts that ICT has bestowed upon the public.
If you need clarification about the content, or you are still struggling with finding your groove as a trader and need personal guidance or mentorship, feel free to reach out to me via TradingView’s private message or on X.
Happy trading and happy studying!
- R2F
GOLD: Will price fill the imbalance of 1983 region? Gold rejected at 2078 and dropped down to 2030 where it had some correction in the price movement. Today price touched $2050 and from that area we saw a strong selling pressure, if price do continue to drop, we may see it hitting 2020$ key level first and then 2000$ key level will be our second area of exiting the trade. Though 1980$ is our final target.
Second scenario is where we might see price filling the buy side price void area in the region of 2065$ if that is the case then it would likely to occur after the news volatility kicks in tomorrow.
So what do you think about gold future?
GOLD: $1983 is possible next target | what do you all think?OANDA:XAUUSD Price rejected at 2064$ key level, and in our previous chart we had identified the same key level from which price could reject. Now the after effect of the NFP data price rose sharply as DXY plummeted. Expecting DXY to be bullish we think price of GOLD will start ranging from $2040 to $1980 next week. Our entry can become valid once market settle down in Asian Session. Then target in London Session if price show bearish sign take entry and set take profit at 2020$ first and 2000$ second and final entry should be at 1990$
Good Luck and Trade Safe.
First HK50 Long entry in the year of dragon 2024!😊Quick Money: The Secrets of Successful Online Trading
👋Hey traders, are you looking for a hot tip on HK50 for the first trading day of the year of the Dragon to boost your profits?
The HK50 index is showing a strong uptrend in the 4-hour and 8-hour timeframes (D1 is in downtrend), indicating the first day in year of dragon 2024 still keeping a bullish momentum for the Hong Kong stock market. The index has bounced off two key support zones, which are:
- Support zone 1: Between 15150 and 15250 points, where the index found buyers on February 9 and 10.
- Support zone 2: Between 15470 and 15570 points, where the index reversed its intraday downtrend on February 14.
These support zones can be used as potential entry points for swing traders who want to ride the uptrend. The swing trade buy limit levels are marked on the chart below.
We also took advantage of the uptrend by executing a long entry for day trade in the morning session of HK50 at 15640 points. Our target profits for this daytrade are:
- TP1: 15790, which is the previous high of February 12.
- TP2: 15870, which is the upper boundary of the rising channel.
Our stop loss for this daytrade is set at 15440 points, which is below the support zone 2 and the lower boundary of the rising channel. This gives us a risk-reward ratio of more than 1, which means we are risking less than we can potentially gain.
⚠️Disclaimer: Trading forex is risky and you should only trade with money you can afford to lose. We are not responsible for any losses you may incur from following our signals. Always do your own research and analysis before placing any trades.
Dollar Long Term Bullish NarrativeOn the HTF I am anticipating a long-term bullish trend for at least the first quarter of the year. I I am seeing volatility coming through to continue pushing the dollar for the month of February and March.
Therefore, anticipate all the pairs with dollar in them to either work directly proportional to the DXY or Inversely, considering if the Dollar is the base/quote pair.
Kind regards,
The_Architect
EURUSD: Upcoming big swing selling opportunity!Dear Traders,
As we have news today and tomorrow we think price of EURUSD will fill up the liquidity void area before going down any further. Therefore, our entry will be around that reason if news spikes up and create a strong wick. Once price comes to our area of entry we can enter sell entry.
GBPUSD Potential ShortPrice has filled the H4 Liquidity Void and hit the H4 Order Block. We are in the H4 FVG.
The anticipation is that since the m15 is order pairing the price leg that took Buy Stops is considered the manipulation and a reversal is a possible for the sellside draw.
Note: If the market isn't confirming an entry before 6am, then anticipate New York session to manipulate Londons High before looking for sells.
Regards,
The_Archi-tect