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Imbalance

When will the Correction start?With that huge drop yesterday we should expect a correction but when? Its clear to see all the imbalance on that drop. I've explained the process for my trades and what I look at - these are always areas I monitor and don't trade from them blindly. Although I hit my target yesterday holding on to the trade would have returned great profit - something I need to get better at. So for today I have these areas as high and lows, will be watching closely to see what the 1hr chart creates then trade from what I see.
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by jp7fx
Small push has been madeAreas I'm looking at for 28th September - Price is still in the range of initial push from Daily Demand and retrace below the 50% of that push. For me the area its in now is showing a lot of selling - I'd like to see the supply areas taken out with candle body closure but ultimately it's the high of initial push that will need to be taken out. But doesn't mean there wont be opportunities to buy or sell why while this works itself out. Yesterday a Buy was possible on lower time frames which worked out very well. Trade Safe
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by jp7fx
AUDJPYHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. AUDJPY with OB Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guy
Short
by PLAYBULL
Price still pushing up after the Drop... is a short coming?Updating the movement of this pair in my last analysis after I said the drop to 1.38000 I would want to see a push up / correction and then possibly a change of direction to drop lower again to the unbalanced Daily Demand Zone - I have also marked out the 4hr Zone as well. So far the push up has tapped into a 1hr Supply but has created equal highs and hit around 50% of the initial drop. I would not be surprised if it pushed up in to the Supply Area first then reacted there. You can see from the arrows from the Imbalance Indicator where price has not visited to balance the price. All I'm doing with the analysis of this pair is logging here and hopefully providing some value as to how I trade Supply and Demand. As for the trades themselves I take them all on the lower timeframes based off the Higher Time Frame zones.
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by jp7fx
Liquidity found then the dropWith the fundamentals sending this pair above the daily level but only to a higher up 1hr Supply zone was clear that this stopped out loads with their sells on and stoploss sat at the high. If you trade the Supply and Demand this should already have has you looking for longs as a previous Supply was broken. I said that in order for this pair to be bullish it would need a Daily candle closure above the high I had marked out. We got a clear rejection in the higher up 1hr zone and the drop to around 1.38000 has happened. I still want to see the Daily demand zone visited but not before the price starts pushing up then dropping to find liquidity again.
GShort
by jp7fx
GBPNZDHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPNZD view with 15 M POI (OB) 1:15 RR Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful
Long
by PLAYBULL
GBPUSD UpdateThe drop to 1hr demand and the price did change in that area which is what I expected - although it was very choppy yesterday on its way back up to the 1hr Supply I'm not sure the drop is coming yet. As much as I would love to see the lower areas of imbalance cleared out I will sit and wait for the right opportunity to present itself. Note: If the Daily high gets broken with a candle closure then the short would be invalid - this area it is in now is a more probable area for sells down below 1.38000 - DOES NOT mean it going to happen it's just from the way I am looking at the market structure. ALWAYS work out what Market Range you are trading in
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by jp7fx
USD/CAD - Movement Lower?Currently very overextended to the upside. We are testing a strong Orderblock in Premium that lines up perfectly with the OTE of the Fib taken from the Higher High. There are several imbalance levels that should get filled in. We have an un-manipulated Trendline that has lots of retail money on it, therefore we should see price reach there to manipulate this level. There's also a W formation on the H1 timeframe that the market should trace towards - the neckline (where it says "First Target". Should we reach through this level I'm expecting price to reach down into the Bullish Discount Orderblock that we should see a reaction happen within. As much as I don't like indicators, I use the RSI occasionally to find divergence / overbought / Oversold levels. Inside this bearish orderblock we are currently testing, we are very overbought, meaning that we should see price make a move down.
Short
by Bastianelton
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