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Sphinx_trading

XAUUSD: Perfect order flow with a short opportunity +600 pips- Take a deep look at this range on the charts.. - After breaking the structure Price started forming a Perfect order flow making lower highs and equals lows at 1930.0 level. - Daily bearish engulfing closure after grabbing the last high liquidity (inducement) and making a fully retest at supply zone 1960.0. - We may have a bullish move to 1960.0 for a full retest and then price may drop down to 1900.0 major demand zone.
OANDA:XAUUSDShort
by Sphinx_Trading
2
XAU/USD: Down to 1900.0 zone +1000 pips (67% probability)- Price broke the last lows at 1980.0 forming and new low at 1970.0. - As you see on the charts after reaching 1970.0 price started ranging building liquidity. - We had a strong bullish daily closure and that is the reason this prediction probability is not strong enough. - Price grabbed the liquidity above the last high going to 2030.0 supply. - Also price built a huge pole of liquidity below the last lows at 1970.0. - If the the Fed increases interest rates by 25 basis points today it will be more likely to happen.
OANDA:XAUUSDShort
by Sphinx_Trading
GBP/JPY: Short opportunity to catch +500 pips- Price respected the last swing high at supply area around 168.0, A good sign for strong sellers at supply area. - After forming equal highs at supply area, price dropped with an impulsive bearish move to 165.500 forming equal lows. - A huge pole of liquidity built below 165.500. - Also we can observe an imbalance on the last bearish move from 167.0 to 166.500. - liquidity built below 165.500 will grab the price down also an imbalance needs to be filled. * We may have a bearish move to 161.0 demand zone after retesting 167.0 filling the imbalance
Short
by Sphinx_Trading
4
XAU/USD short classic analysis +500 pips (GDP News)- We can observe an extremely order flow after the last bulish move from 1880.0 demand zone. - Price reaching a very strong supply zone at 1950.0 also price broke the last high forming a new HH. - In a large percent we may have a bearish move to 1926.0 around 200 pips. - by a small percentage we may also have a big bearish move to 1888.0 breaking trendline + Last low. * Today's GDP news will have a big impact on the market. Avoid trading or trade with caution.
OANDA:XAUUSDShort
by Sphinx_Trading
2