Looking for Crude oil to take some BSL and then look for shorting opportunities to head south for today. If not then will be waiting.
So we have been short term bullish since we took the Weekly SSL and seen a nice trade higher. I can imagine that we continue this today to take out some internal liquidity. These are the short term targets as long as we respect the 15min FVG GLGT
As this week has been short term Bullish I am looking for continuation today. At around NY open I would like to head down into the 1hr FVG and then show signs it wants to move higher towards the BSL that is marked
Nice ranged day on Monday leading me to think today won't be as expansive. Nether less I am looking for Bearish movement but I would like some sort of BSL to be taken meaning I am anticipating a retracement come NY open 0830est roughly. 15min FVG and the 2hr -OB are areas if price was to retrace to I would look for shorts. Targets are bellow the weekly ssl and...
We opened with a large Gap to the upside... So far we have not moved in any direction with any purpose. To stay bearish running into NY the DAILY -OB should be respected if we retrace back to that level. Closing the NWOG with a displacement candle would be advantageous for sell side to be taken and the two targets I have noted with the magnets.
We are nearing the end of the week and have had some nice movement heading lower.. I have marked out the Previous Day Wick ( PD Wick ) If price is to retrace today for NY this is where I would expect it to stop and head lower / consolidate at least. The Draw on Price are bellow : Daily +OB Daily EQL'S DAILY FVG
So as I stated in my last post, we would have a short range day as per previous large ranged day. We did attack the SSL as target 1 however Im looking at price heading higher to the BSL and 1hr FVG before we head down... Lets see what Asia and early London does.. Will update nearer to NY for Turbo Tuesday...
So Friday Crude showed its hand to us and what it was really wanting to do. Sell side hit and with that a large Daily Displacement. We could expect a smaller range day today and with that said I am looking for short term BSL to be taken before to carry on to the sell side of the chart. I have two targets marked out clearly for this weeks initial draw on liquidity...
Yesterday we saw a nice rally creating a Daily +OB which I have annotated. If price is to respect the 4hr FVG we will see price go higher to the marked target. I am bullish today however to expect some form of retracement after such a move is understandable for the market to make. Bullish is the motive.
We have created a consolidation and formed a short term low for now I believe price will head to these BSL targets marked in the chart. 15min FVG should stay respected with candles closing above it if revisited, preferably for price to not come back to it.
Currently we are between two Daily OB's and high probability bias isnt on the cards right now. This means we look to intra day liquidity The 15min +OB should be respected leading to NY open with the two EQH's as DRAW for price. Short and Simple.
So we have continued to head south and the next target would be the Daily SSL and the Red Daily FVG. With all the news today and it being summer month volume there could be a nice sell off towards these targets by the end of the week. Pretty simple.
So we took some Daily BSL last week on Friday and since we have sold off slowly. NWOG gapped down and this indicates for at least today some sort of Raid or hunt to also touch a PD array thats near to a discount. We have no major news catalyst today and that brings slow PA although it may travel its not ideal for scalpers. ( Lots of back and forth ) Wednesday...
My ultimate target for this week is the BSL marked with a magnet. The main internal Liquidity I am looking at is marked with arrows. Which ones get taken first near or at NFP is very important for the intra day BIAS And I will be watching this. Mainly Tape reading today, I have no interest in Engaging in the market
So we are heavily bullish and in this scenario I like to see a retracement around NY that will enable me to start looking for my entry model that will Target the BSL that is marked. Pretty simple today... I have a 1hr fvg that I would like to be respected meaning 1hr candle closes above the discount of the FVG. If before NY we take out the BSL marked I will...
Simply I would like Crude to respect the 1hr FVG leading upto NY open This will tell me the bias going into the rest of the day. I am heavily Bullish on Crude oil. If this target gets taken before I will put and update to the next target and Bias.
So carrying on from our Bullish Bias I am expecting price to move to the Daily +oB and have an bullish reaction to PDH Closer to NY open I will be looking for this to happen Daily FVG CE is the target...
Right now It makes no sense in my mind why the market would want to return to being bearish. Yes we are in a premium and after a couple days of upwards movement there can be some stagnent action for traders who like to take more than 25-40 ticks ona single move. So again why would market want to move lower on a htf bases as pointed in my arrows we have a Daily...