GJ created a demand OB at approximately 190.300. After that we had a push towards the upside reaching app. 193.00. As price went down, a potential supply OB was created which would be our target due to the confluence of equal highs created right under it. Price pushed further mitigating the 190.300 OB and created a new one once it reacted off of it (This was our...
As we see on the hourly TF, price is moving bearish towards areas of liquidity. We have already swept the first area, and continued towards the second level of liquidity. In order to enter i want to see a strong reaction once we mitigate the second level of liquidity, meaning a bullish engulfing candle right after we sweep it. The target can be somewhere at the...
As we see on the hourly TF, price is moving bearish towards areas of liquidity. We have already swept the first area, and continued towards the second level of liquidity. In order to enter i want to see a strong reaction once we mitigate the second level of liquidity, meaning a bullish engulfing candle right after we sweep it. The target can be somewhere at the...
Nice setup created as we have liquidity and imbalance waiting to get mitigated. A Demand OB was created from the push towards the upside which is a great entry point. Once price comes closer we will wait for a LT confirmation for entry, targeting the trend line liquidity above.
Right now I am in a long GJ trade. The reason for this trade was the liquidity that was created with a bearish push towards a higher time frame demand order block. Additionally, a few more imbalances were created with the same bearish push. Once price reacted from the higher time frame OB i waited for a CHoCH and found my 5M TF OB from which i took longs from....
Right now I am waiting for a brekaout from consolidation we are in. Expecting a brekaout between 09-10:00. Depending on what side we will breakout on, I will enter accordingly sells or buys.
xauusd waiting for it to retest previous resistance and make it a support zone. Possible longs. Would enter later and see what the market does, if it retests i would go long.
