Institutionallevels
LIVE STOP HUNTINGThis could potentially turn into a stop hunt. As we see price created the illusion it was bouncing off support (see the blue arrow), and has now returned and broken below. 95% of retail traders are told to buy at support and sell at resistance.Guess where they are also told to place their stops? Right at the dollar sign. Liquidity the banks need to fill their enormous order. The cycle repeats and 95% of traders continue to fail.
DXY institutional reversalHere I have the DXY where it is creating two new equal lows... essensially for the reversal we would be looking at the next 'bounce' point for price action
Here I use Fibbs to mitigate my entry with 50% being the higher risk and 71% being more sniper entry!!
CADCHFConfirmations
Market structure
Institutional candle highlighted in yellow
Fib levels are between 62 - 88%
Imbalance below
4 out of my 5 criterias have been met which has made this trade for me a high probable set up, i am expecting price to go higher to atleat 50% of the institutional candle which is where my second entry is however right now price seems to be coming down.
With the interest rate coming out later today i suspect to see a lot of ranging movement. This may mean that i may have to exit my trade taking money off the table and find a new entry after the rate has been announced.
I have provided a market outlook on a range of pairs for this week ahead youtu.be
EUR/GBP daily buyback to imbalancePrice reached 0.86000 whole institutional level which surprisingly matched the level of imbalance. Expecting a pullback upwards at least to 0.89000 imbalance and the middle of institutional candle. We missed an aggresive limit order entry, but lets find some entries on lower time frames. GOOD LUCK. Potential 250pips
EUR/NZD buy up to the imbalanceBuying the pullack till imbalance and also a 71% fib level. We buy up the pullback, and then sell down from 71% fib downwards to the sellside liquidity pool
AUD/USD Upper Bound Ceiling Holding Following up from the previous posts about the structure of AU, the upper bound ceiling mentioned in the previous post has held true to its form as a price zone of resistance.
EUR/CHF selling the middle of institutional candlePossible idea on euro/swissy, expecting a retracement to the middle point of liquidity capturing candle 1.10300, possible strong reaction downwards towards sellside liquidity pool
AUD/CAD short. Reaction from institutional levelExpecting an impulsive reaction downwards from 0.90500 level. 71% OTE(optimal trade enrty) fib level agrees with the imbalance zone and the strong level of 0.90500. High probability trade, minimal risk, tight stop loss just above 0.90675 covering the top of liquidity capturing candle 4H chart September 19 04:00 o'clock (UTC+3).
Swing trade on EUR/AUD. Playing with liquidity poolsAn intresting range between 1.62000 to 1.63700 has formed on EUR/AUD 1H chart. Buyside and sellside liquidity pools have been created(equal lows, equal highs). Sellers have already been taken out, now its buyers turn :) I identified a set-up, now we wait for a retracement to 62%-71% fib level, half of the order(sell limit) rests on 62% fib/the middle point of that huge institutional candle on October 17 3 o'cklock (UTC +3), the other half leave for entering on 71% fib or even higher if we get a larger retracement.
150 pips for the patient.AUDNZD - textbook setup.
This one can be sold into 1.05340 for a cool 150 pips profit.
Let's get it!
NZDUSD LONGWith the last equal low below soon to be taken out the market has left a lot of liquidity pools above combined with imbalances and mitigation zones. By identifying institution candles also this trade is a high probability set up for me as i believe the upside targets must be taken out before a continued downward move.
I plan on holding this trade for as long as it takes, the imbalance zones are very noticeable on the 4H time frame and leave large indications to exit areas and signs of reversals which can create potential re-entry points.
Lets see what happens
Gold levels to watchMajor zones to keep your eyes on.
Long bias for the long-term, but short to midterm downside is a possibility.
Never close your eyes to reality - drop your stubborn emotional bias.
lets go!
EURNZD: Swing Sell Opportunity- Entry is at the 88.6 fib from the market high.
- QML entry (Quasimodo Level)
- The buy from the C leg has TP levels that align with this zone as a Fib cluster
- Institutional supply zone
- Bat pattern harmonic completion
14.08.2019 - UJ UPDATE: SESSION RANGE VOLUME PROFILE ANALYSISHello and welcome to my channel
4h timeframe
Divergences in price, momentum and volume = Bullish signal
Orders around 109 needs to be filled and prices will most likely be pulled towards 109,200.
All the signs of the reversal is already revealing.
Make sure to comment or like if you enjoy the analysis and let me know if you have any questions.
God bless you and happy trading
Trade update: EUR/GBP analysisprice broke out of the ascending channel to the downside, with a significant 4HR bearish engulfing candle close below the trendline, could expect further momentum to the downside, targeting the 0.8800
