Market broke structure to the upside and immediately broke the low causing a change of character. Supply found zone found and now we look for confirmation to go short.
As you can see the market created a change of character (CHoCH) which is basically a reversal of market structure. Markets left an order block that broke structure and also left imbalance on higher TF which confirms and solidifies our POI. Now we wait for it to come into our POI and show us confirmations of market going long.
Gold has been bullish for a while and we anticipate it to keep pushing to the up side. I've just seen a re-entry setup for a long position. We just recently broke out of a range that we've been in for about a week. Price is slowly coming down to mitigate an OB (Order Block) in the supply area that has been marked. From there we anticipate price to push to high...
These are the trades I'm currently in and are in profit. I trade institutionally so the first entry was based off an orderblock that was mitigated on by price, second and third entries were based on imbalances left of which market went and filled. Overall, today should be bullish. First trade is 1:10 RR Second is about a 1:9 RR Third is also a 1:10 RR
We are currently at an orderblock of which we are mitigating upon. Price might bounce off it to fill some imbalance left before dropping even lower and grabbing liquidity and going higher NOTE: NOT ALL ANALYSIS WILL PLAYOUT. DO NOT QOUTE ME ON THIS
We are currently mitigating an orderblock of which we might bounce off to fill some imbalance left. I further think we will drop below to liquidate the lows made before shooting up. NOTE: Do not quote me on these trades, as trading isn't always what we analyze to happen
We are forming an accumulation schematic on the M15 of which we want to ride to the upside. I personally will hope on at the LPS (last point of supply) that will form after the spring in our point of interest.