Mitigation
XAUUSD - GOLDWe've had the accumulation Wyckoff phase happening for the last 2 weeks for a push to the upside. With mitigation currently happening meeting our reversal 71.8 Fibonacci level, my bias is currently to the downside with my sell limit being met. I won't be surprised if this pushes higher to the price points of 1527 however to fill the huge imbalances we have at those levels.
AUDUSD5TH wave about to take off once imbalance is filled lining up around the 78.6 fib level. Secondary entry at the H4 open order
EURUSDWe've had a large open order from 2017 that still needs to be mitigated out, but prior to that bullish rally, we should see one more move to the downside for this mitigation to play out.
I'm looking for a pull back between the 71.8 and 78 fib level for this to continue downwards.
As always...... PATIENCE - CONFIRMATION - ENTRY - PROFIT
AUDJPYNo lower low formed in the downtrend, liquidity captured with institutional candle and liquidity + imbaalnces to fill on the upside. I'm looking for this to go long with the shift of momentum.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
USDCADI see 2 possibilities here.....
The first possibility measuring up perfectly especially with imbalance to be filled and the open order to be finally mitigated
PATIENCE - CONFIRMATION - ENTRY - PROFIT
GBPUSDIf this price level holds, i'Ill be looking for a retracement to the upside to fill imbalance, mitigate out of the open order and head back down.
DXY starting to show signs of weakness along with other USD based pairs.
XAUUSD - GOLDIf one of these price levels holdl, I'll be looking for a retracement to the upside to fill some imbalances and scoop some liquidity before heading back down to mitigate out of some open orders.
GBPNZDOpen orders and gaps to be filled.. This chart is looking very appealing on H4 and D1 charts for a bullish rally
GBPUSDLiquidity captured and now we're looking for a run to the downside. We should see 1 more move to the upside for mitigation to happen before the big fall.
Wyckoff distribution schematics playing out well so far also.
As always..... PATIENCE - CONFIRMATION - ENTRY - PROFIT
XAUUSD - GoldWere getting close to our ultimate distribution zones and I'm looking specifically at 3 possible entries for this to fall long term. Wyckoff distribution phases playing out quite nicely also. so sometime this week we should see the drop off to the open orders from the 31st July 2019 starting the price level of 1431.25
It's nearly go time!
PATIENCE - CONFIRMATION - ENTRY - PROFIT
GBPJPY BEARISHAs we can see price struggled to break the bearish structure on the daily despite the bullish rally we have previously just had, i would like to see price now come down to at least 61% which for me i have marked this zone in green and the blue zone being 88%.
Mondays are never really a day i look to enter markets but over the next coming weeks as we are also approaching brexit talks i would like to see the pound fall and in doing so mitigating candles below and filling imbalance.
EURUAD2 points of interest on this pair right now with 2 places of imbalance to be filled.
Will keep my eye on both possible entries moving forward this week for possible clearing of liquidity pools below.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
EURNZDLooking for the open order to be mitigated before we potentially see a big drop clearing liquidity levels below
BTCUSDWyckoff event phases playing out perfectly so far
We can now look for a breakout to the upside this week clearing liquidity levels
PATIENCE - CONFIRMATION - ENTRY - PROFIT
XAUUSD - GOLDWith US pairs starting to looking bearish , I'm wondering if this could mean a bullish rally for gold .
Looking for the imbalance of price between 1493 and 1491 to be filled beforehand however before any considerations of buys to be taken.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
