Liquiditypool
EURGBP Renter on EURGBP….. expected the retrace kept sl to reward high….
Let’s see how this one plays out currently +4% for the week..
Understanding Equal High LiquidityThe concept around equal high liquidity comes from the understanding that stop losses hold above these points.
In this example, price broke out of bullish structure and began to form bearish market conditions.
This would of course attract sellers, especially at the double top point marked.
The idea is simple, tackle the impulsive sellers before the trend continues.
You can see that price began to lure sellers in from the double top but then came back to take them out before continuing with the true move.
This type of move falls under all concepts of money distribution within liquidity and is definitely worth adding to your strategy.
"I might pump, but i don't dump" -Elon Musk | BTC Trade ideaEarlier today market broke above the previous lower high around 32400 and new higher high created, giving us the signs of strength in the market. We will likely see a pullback on BTC in the following sessions and it is recommended to buy the dips around 31-30K.
USDJPY H2 PROJECTIONReason:
1. Break of Structure
2. Potential liquidity grab
3. Approaching to 2h bearish OB
Flawless PlayEU taking out liquidity to A.) finna a reversal or B.) continue the sell off waiting for reactions to specific areas before I change my bias
XAUUSD LIQUDITY ...NY & LONDON HIGHS Before the big move down I anticipate that the price will aim for previous New York and London Highs as they is a pool of liquidity above them highs
CADJPY H4 PROJECTIONReason:
1. Potential Liquidity grab
2. Divergence
3. Approaching to 4H bullish OB
NZDUSD | Market outlook
NZD/USD gained strong positive traction on Friday in reaction to a stronger NZ CPI report.
A subdued USD demand remained supportive of the move up amid a positive risk tone.
Rebounding US bond yields, upbeat US Retail Sales data did little to impress the USD bulls.
COVID-19 jitters kept a lid on any runaway rally for the major, at least for the time being
AUDUSD | Market outlook
The pressure on the pair AUD/USD is increasing amid the rapid spread of the Delta coronavirus strain in Australia and the strengthening of the US dollar after the publication of inflation data in the USA.
Investors remain concerned about the epidemiological situation in the country. Victoria state was locked down for five days on Thursday following a spike in COVID-19 infections. Market concerns about the spread of the coronavirus are supporting the US dollar and weakening other currencies.
US30 FORECAST Since the move 35119 made double tops with the last high of 10 May.... we all know that they is a ton of SL's above the highs I therefore anticipate that Price will go lower to fulfill IMB's at the bottom of the Range before going for Liquidity above the EQH's as the structure is so so so BULLISH.
GBPJPY | Market outlookPotential bullish movements in the following days/week. Target as 155 area. It's recommend to buy the dips.
OIL PRICES RISE | POSSIBLE PULLBACKOil prices rise over 2% on Friday as the market reacted to falling U.S. inventories, and signs of strong Asian demand from both China and India added support. However, a possible pullback before upside continuation.
GOLD ready to make a decision? | TRADE IDEA
Gold fell on Monday in step with a stronger dollar as investors cautiously looked forward to U.S. inflation data that could influence the Federal Reserve’s timeline for easing its bond purchases.
However, a gold recovered before NY closed and continued the rally during ASIAN session.
Possible pullback on gold around 1801-1798 (OTE) before further upside continuation.
JPY strength - good for a short? CADJPY or GBPJPY interestingGood Monday!
this is a good analysis on how JPY could be a good idea to trade this week after the run up that all currencies did against it.
Fundamentals, Japan has had some good news on their books, we will see how the liquidity responses to this .
USDTRY - Preparing for a dip?
The Turkish lira under pressure from inflation data in the country.
June consumer price index rose from 0.89% to 1.94% MoM and from 16.59% to 17.53% YoY. As a result of the partial lifting of quarantine restrictions and an increase in raw material prices, inflation in Turkey has reached two-year highs, which does not give hope for the start of lower interest rates by the country's central bank until the end of this year.
XAUUSD | POSSIBLE PULLBACKGold rose above the $1,800 psychological level on Tuesday to hit a three-week high, as a pullback in the dollar lifted bullion demand, while investors awaited minutes from the U.S. Federal Reserve’s June meeting for clarity on monetary policy.
Expecting a possible pullback on gold in the following next sessions. Recommended buying on the pullbacks around 1776-770
BTCUSDT updateBTCUSD update
BTC fell down and get all liquidity .
and
now it can go up for get SSL (sell side liquidity) at the top .
let see what is happening :)
USD/CAD – Week 26 – More correction ahead.As we were expecting in our previous analysis, the US Dollar lost some momentum against the Canadian dollar and started to depreciate.
For this week we expect the price to reach the resistance and drop until it reaches the liquidity pool highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
⚡️ Understanding Breakout Traps ⚡️If we see a pattern form that retail likes to trade,
It is highly likely that this pattern may get manipulated.
The reason these common patterns get manipulated is
because of liquidity forming.
Banks want to make sure they can create enough liquidity
for themselves to get positioned nicely in the market.
They do this by driving the price up/down into stop loss areas.
To avoid being caught out we need to sit on our hands,
wait for the stop loss hunt to occur before we go-ahead
with our initial position bias.
