GOLD bulls has loose it after hitting a supply zone 1985.35 along side with a bearish momentum candle expect more to the down side
since the beginning of the trade, we are 98 pips up on GBPUSD and 25 TICKS on gold. Orderflow to it's best
This was a nice asia range sweep setup on dxy and usdchf. We had the asia range form, and price sweep in London to set up orders and then stack in during NY. The price delivery was beautiful. Let me know if you trade asia sweeps?
Price may be setting up for a further drop. It has formed a bearish engulfer, and may test it before further declines.
This ICT concept is one of the many that can be used to take your trading to the next level and create consistent profits for you. I break down the concept and define the terms used with this concept.
Expecting a liquidity sweep and order block mitigation then continuation to the downside.
Directional bias is short term bullish. A large institutional candle is seen on the 30 minute time frame which indicates a stop hunt on liquidity resting in that area. Therefore I'm looking for price to return to mititgate that entry position created by the banks and then continue upwards. It is already doing that.