Liquiditygrab
GBPAUD goes LONG and LIQUIDITY GRAB CONCEPT HAPPENING HEREHere we can see the market have formed a W (Double bottom) , a reversal pattern. My prediction is This market gonna go long at least to grab those equals hights ( concept of liquidy grab). We can set our TP on those hights. www.tradingview.com
GBPJPY LIQ GRABS - (Monday November 30th, 2020)4H TF, GBPJPY, REACHING A POI
- ADDRESSING THE GREEN OB: MARKET REACHED 50% OF THE ORDER BLOCK ALREADY
- NOW MARKET IS CREATING EQUAL HIGHS AND LOWS (BLUE)
- BROKE ITS TREND AND SOLD OFF TO GRAB LIQUIDITY
(SOLD OFF WHEN MARKET REACHED THE RECENT WICK REJECTION (DOTTED LINE))
- OUTLOOK: BUY UP TO THE UNTESTED LEVEL (POI)
(TAKE THE SL SET OF ALL SELL ORDERS)
GU 25/11 NY hindsightAfter that SMT sell off it was hard to be back bullish, but price had a great rejection at 3 STD after asian low sweep at the M15 OB then created a ltf breaker where it was possible to buy from and another low risk one on the M1
-DOP
-Model 10
-STD
-Breaker/RTO
-Bullish Bias
-Big number
Let's tap that $17.2k liquidity shall we?Good morning Traders
Bitcoin (BTC/USD) has been expanding in a corrective manner since the covid crash back in March.
I reckon there's a pretty decent possibility that the current uptrend and final C wave of (B) completes somewhere between $16-19k to complete a macro regular flat correction.
IMO we should get a 1:1 extension of (A) which would have bitcoin retesting an untested weekly order block above $14690 with potential for an untapped liquidity grab above $17.2k.
ITO time, I'm expecting (B) to complete close to the end of 2020 with confluence of fib time zones (one beginning at the start of the 2015 macro uptrend and the other beginning at the end of that uptrend and beginning of the current macro correction in December 2017).
Bitcoin might have broken above major trendline resistance, when connecting the highs, however the same can not yet be said about RSI, with major momentum resistance still ahead.
Once B is complete, I'm expecting a 0.618 golden retracement of B in the form of a 5 wave impulse to complete macro wave C, potentially only completing the macro correction sometime at the end of 2022. A 0.618 retracement has confluence with channel support and a major weekly demand zone at around $6k.
Good luck and happy trading!
market makers foot stepsHey guys,
lets take a look at the GBP USD pair, we can clearly see the liquidity hunt and instant pull back under 1.26170, making that our selling price. first retest happened almost instantly with immediate rejection, the second retest is currently on going and we are expecting a downward move to the next liquidity target.
NZDUSD Short |Bearish Divergence|Liquidity Grab|Range ResistanceEvening Traders,
Today’s Analysis – NZDUSD- trading at key range resistance with bearish price action.
Points to consider,
- Macro trend bearish
- Range resistance (Pivot)
- Range Midpoint (immediate target)
- Oscillators diverging
- Volume below average
NZDUSD’s macro trend is bearish with consecutive lower highs, this projection give us a bearish bias on the market. Price is at a key pivot point – range resistance- candle closes above this level will negate the short.
The Range midpoint is the objective, price breaking through this level will increase the probability of testing range support.
The Oscillators both are diverging from price, putting in lower highs; this is an indication of weakness in the market.
Volume is trading below average, an influx is highly likely as we are at key structure anticipating a probable influx due to the double bearish divergence playing out.
Overall, in my opinion, NZDUSD is a valid short with defined risk above structural resistance, immediate target being the range midpoint and beyond. Any moves are to be backed with increasing volume to avoid false breaks.
What are your thoughts?
Thank you for following my work!
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.” ― Yvan Byeajee