MichaelGfx

MichaelGfx

Price is currently at ADR low. Expecting it to continue to the downside until it reaches the below H4 bullish OB. There is a support level at that OB which makes this a potentially strong setup for a long position.

MichaelGfx

EURGBP has been on a downtrend for a while now. There are ECB efforts to try reverse the economic slow down since April 2021 by pushing more lending to Euro area firms. COT is bullish on EURGBP this week.

MichaelGfx

We have double top confirmation on this H1. Expecting price to got short. EURGBP is Long this week on COT so we have to be careful as this trade could be a short-term setup. horizontal lines are S/R Levels.

MichaelGfx

Gold has been heavily bullish since yesterday. Came down this morning to fill this H1 FVG and continues the bull run*. *Tools used on this trade are Jump Shot and FSS

MichaelGfx

XAUUSD reached the above bearish OB with multiple rejections at different timeframes SR levels. Was a good sell opportunity.

MichaelGfx

Gold reached this bearish H1 OB and gave us a BOS to the downside. First BOS is risky as it could also be just a retracement. There is also the above FVG risk. Move SL to BE and let's see how it plays out

MichaelGfx

GJ reacted on the bearish H1 OB to the downside beautifully as seen on the screenshot using Jump Shot OB indicator

MichaelGfx

Entered on the H1 Jump Shot OB. Price almost filled the full OB before pushing to the upside. If you know the order block strategy you will understand what I mean by Jump Shot

MichaelGfx

Gold has hit out H1 bearish OB and already reacted. Waiting for a confirmation type entry on lower time frame hence we placed a “sell limit” order.

MichaelGfx

Gold reacted at the highlighted order block. Expecting price to retrace before continuing to the downside towards the lower highlighted OB. Order flow is also bearish

MichaelGfx

EURAUD reacted at the H1 bearish OB and started to push down. Expecting an initial retracement before a continuation to the downside

MichaelGfx

So as expected a bullish reaction on Gold... it decided to push up at the H1 Jump Shot OB

MichaelGfx

Order flow for Gold is still heavily down but expecting price to touch this M30 Jump Shot OB before seeking some bullish confirmation for an entry. Just watching it so far

MichaelGfx

USDJPY is at a strong resistance level. Could bounce down or reach the higher OB then reverse or another possibility it will take the top EQH before going bearish... still watching and need price to tell us where it wants to go

MichaelGfx

Expecting cable to be bullish going for a liquidity hunt before dropping to the lower zone. Will keep an eye on price action

MichaelGfx

Price touched at the below liquidity zone taking out sellers. Expecting price to push up to the next liquidity zone at the top hence going long. wait for a retracement to enter again.

MichaelGfx

as expected on my initial analysis on 02-Jul-2021, the trade is rolling on our direction. If you missed this trade wait for a pullback to continue riding to the upper zone

MichaelGfx

Cable reached an untested zone on the H4 chart. Expecting a confirmation before going long to take out the liquidity at the top. if this trade plays well it will give us a good RR