Expecting to see price fall from here. We have had a change of character on smaller timeframes which is giving me a strong intuition price will fall.
As I stated before we should see some nice pips here. We have already had a nice big bearish bar giving us sentiment to stay short
📉Here is another look, the start to our short trade is starting out well.
We have had a change of character on a lower timeframe. FX:EURUSD
Here is my set up with my stop loss & take profit. We should see price drop from here after tapping into the valid supply zone.
We have had a valid change of character on the M5 timeframe and price is now rejecting at our POI (Supply zone) I expect to see price fall for the rest of the week.
Waiting for price to get to the order block here. I will be waiting for strong price action prior to entering the trade.
We have a 1:5 R:R with this set up here. I am am expecting to see some movement long to at least where my TP is set.
We still need to take liquidity from a few sessions highs. I expect price to remain bullish
8:1 R:R with this setup. We have a MSS on the M1 TF & have also tapped into the M1 order block as well.
This is how I have GU mapped out. I will be trading my normal strategy but also will be looking for a strong rejection at the highest supply zone I have drawn up. If price moves sharply into that area and has a strong rejection, than we are more than likely in for a nice move. Only time will tell. We will have to see how price reacts at the level. Keep in mind...
We have an entry here from the breaker block model. We should see bullish momentum take out the equal highs.
We have tapped into the H1 orderblock and should be on the way to take out the equal highs. So we should see a good bull run here
We have structure that has broken on a smaller timeframe. We have a lot of imbalances to fill below
If you zoom down to a lower timeframe you will see the fair value gap that needs to be filled. I will be looking for a rejection at 50% of the that candle or right below that at the LTF order block. I have my stop loss placed under both and a buy market order ready to execute whenever price action present itself. I will be looking in these particular areas for a 3...
I believe the bull run is over for now until we rebalance the timeframes
I am expecting to see price come back into balance and fill the imbalance & FVG. (IFVG on the M15 & also FVG on H1 for confluence. This is also an area of confluence at .88 where price loves to retrace too. This will be our golden zone bc it will also fill the candle imbalance simultaneously and match up with the higher timeframes.
Equal highs have be taken out so we should be seeing GU bearish for a few weeks to the next important Bullish unmitigated OB. We will at least looking to take out the equal lows. We can look for short set ups throughout the next few weeks on intraday timeframes.