We were coming off a big downtrend in GJ, when the sellers exited the market, we saw this uptrend in price recovery. Then I was waiting for the reaction of the price in that area, because it is an IFC + IMB, in my operation it is the best setup I could find.
Epic bias on our setup in GBPAUD, looking for shorts in that supply level
I was very aware of the upward movement all weekend, I really liked the setup, it finally went to the extreme daily / weekly and from there full bullish, I expect new setups, but here I leave you my opinion of the XAUUSD as it is now.
This could be a possible setup compared to my previous XAUUSD analysis. I would wait to see how the market opens and if a bad price action entry is made, I would look for a re-entry in the London session on Monday.
My previous analysis we had a reaction from the price but finally with the result of the NFP of this past Friday, DXY took a lot of strength. This is why we saw the declines in EURUSD, XAUUSD and GBPUSD. If we have confirmation in LTF in the zone that is right now we can find a good swing to the upside with targets like 1820.00
As we see the market wants to remove all buyers before going higher. Still hoping that the price mitigates the blue rectangle and from there it would look for longs until 1845.00, it should recover an imbalance in HTF. First target 1828.00
Incredible intraday swing that GBPAUD has left us, in HTF we saw that the pair is fully bullish there why we always look for setups to buy. The price reaches our point of interest, we see that there is good momentum in the area, we also have a break in LTF structure in favor of our interest and finally we define our entry POI and go upside!
It is also very important to know how to trade a continuation of the trend, all the LTFs marked a reversal to the upside and that is what we did. Much more content is coming here and also on YouTube I hope you learn a lot and that you ask in comments any questions you have that you post them in comments.
Personally I'm waiting for 1.1820 looking for a nice long swing upside to 1.2050
My objective is be bullish on gold Target: 1819.00 Personally I think gold have to go up then will we have a roll over to 1780
Nice bullish intention More Liquidity in USDCAD for the uptrend Target: 1.2670
What happened today in EUR USD is a clear example of liquidity distribution We get equal highs and lows Then false break of structure As a consequence we have a FU candle and finally the downward movement Bullish sentiment, bearish real move
Looking for bullish trend, but maybe we can look for sells for the main time, but as you can see at the bottom we have an accumulation at H4
As we can see GBPJPY arrived to our DAILY POI, zone that can be a high reaction to have an uptrend
Great trade taking advantage of all the fundamentals of the Friday market
Week done! Wait for all the setups for the next week, all the updates will be post on Sunday