Imbalance
Retracement short waveThe market currently created a double top on a strong daily imbalance or rather a fair value gap, market just filed the imbalance for efficiency and created a double top in daily followed by a triple top on 4h after breaking the lower high, I believe the market is heading back there to retrace and create a resist to support flip/break and retest and for after that it will continue its movement up as we are in an upward trend and the daily yesterday close has created a very strong bearish order block.
NASDAQ INVESTORS IDEA FOR LONGINGThe market is currently on an upward trend and failed to break the LL of the movement when it was retracing instead it went to break the HL of the previous minor downward trend which I consider to be the retracement wave as for now I'm expecting a retracement as a confirmation of an upcoming impulsive move that will shoot up high. In 2023 NasdaQ will break hights and create a new higher high price
GBPUSD: Daily Flows This demand should be a springboard for buyers.
Although I don't think the buy will go far, I think it will go far enough to lure in a large portion of the market before the huge liquidity zone sweep.
Once buyers are screwed over, we can look at joining the market makers with the true buy position.
Have a great trading week gang...
GBPJPY Weekly analysis idea. Last week price already touch Daily Supply & give a big move reaction to the downside. From now price more likely consolidation like waiting to do something. This behavior looks like will be manipulation. I just wait at level that I already markup for price coming first.
XAUUSD ImbalanceThe recent price action of gold has been intriguing to many market participants, with a sharp decline in prices followed by a relatively swift recovery. A closer look at the technical indicators reveals that gold has indeed bounced back from the Anchored Volume Weighted Moving Average (AVWMA) and is now poised to head towards a state of imbalance.
The AVWMA, a variant of the widely used Moving Average indicator, takes into account the trading volume of an asset while calculating its moving average. This makes it a useful tool for traders and analysts looking to gauge the strength of a trend. In the case of gold, the AVWMA has acted as a key support level, with prices bouncing back from it in recent sessions.
Looking ahead, one of the most important factors to consider is the state of imbalance in the market. Imbalance occurs when there is a disparity between the buy and sell orders, leading to a sharp move in prices. With gold prices now headed towards this state of imbalance, traders and analysts are closely watching for any signs of a breakout.
Overall, the technical analysis suggests that gold is currently in a bullish position, with several indicators pointing towards further upside potential. As always, it is important to keep a close eye on the market and stay up to date with any news or events that could impact gold prices.
GBPUSD Short Idea We've seen a predominantly bearish stance on GU these past few weeks. I'm looking two opportunities.
1. To buy towards the H4 IMB
2. To sell from the H4 IMB towards last week low.
The second position will be the larger position and I'm anticipating this to take place sometime today/tomorrow.
Potential RR on the short is 1:5 depending on entry.
US 10Y Government Bond Initial Weekly Analysis I think it is a great idea at this time to see how the bond market is looking with all the talk about the debt ceiling crisis. It will also give us an idea of where the US dollar can go! Currently, the price action has been rolling over to the downside. I think it best to keep that narrative until we see a conformational move that would change this higher timeframe trend. In my opinion, the most important area that I believe has many traders are focused on is the closet supply area which is also the previous higher low. Evetually, this instrument will liquidate the sellers in this market. Lets keep this one on the list and update throughout the week.
Feel free to connect and chat about this instrument. :-)
US-Oil market open ideapretty simple mark up for oil this Sunday...
From the NFP on Friday we put in a new low, from this low iam looking for a pullback to either our breaker block on the 15min or our extreme order block at our strong high (last high) not forgetting we have a large imbalance to fill!
Were currently in a demand if we break through we can see a newer move lower and this will lead us into our lower demand, if demand doesn't hold then were running for our monthly low (DEC) if this is the case were be waiting on a retrace to the same zones stated above.
Outlook for EURAUD for the coming days Hey guys,
I share with you my outlook for EURAUD, on the Daily trend is pretty bullish that's why I will look for buys from the demand area
I will see how market will react and aim for all the liquidity above
This demand area is strong and followed by an Imbalance that can be filled
This can be an awesome swing trade.