Looking at the chart it's clear we are in a current uptrend, but we have quite a significant level just above our current position. If we manage to break this level then I would expect a continuation to the upside and be looking for longs, If we fail to break this level then I expect that we will come back to collect some of these areas of imbalance marked on...
Currently in a supply zone whihc has remained unmitigated since Aug 22. Waiting on 1h break of structure to the downside from current position. We have had a double top on the 4H chart as shown on image. Once price action has broken structure to the downside on the 1H chart, I will look to take a short. Depending on length of hold I will look first to target...
Looking at two potential ideas. Either Short down to 0.594 after a 1H reversal within the marked supply zone. This would loos something like a push up inot the zone with a 1 hour failure to break the 0.65382 area and then a reversal breaking the newly formed 1h low. As marked in the red path tool. Long opportunity would be if it breaks above the current daily...
EURGBP LONG SETUP. Looking at a EURGBP LONG over the next couple of days. We have entered into a daily demand zone and had a lovely rejection into it and a push away. Check out the 60m chart for this one, leaves a lot of good price action imbalanced below. Plan will be to wait for price to retrace back into the Demand zone at 0.83809 stops below the 60m...
Liquidity sweep happened to the upside into a large Daily supply zone. Waiting on a break of structure to the downside at 0.59758 Retest above into 15m supply and then a drive to the open demand below. E : TBC SL : TBC TP : 0.59428 Let me know your thoughts
Looking at the daily chart we have a Double bottom formed after a change of character. There will be liquidity below this double bottom so I am expecting a Liquidity sweep into this area below and then a drive to the upside. Target being this area of Supply above marked. Plan will be once liquidity swept wait for break of structure to the upside on the 1H...
Following on from my idea I posted on May 14th. GBPUSD Short aiming for the demand zone at 1.28000 We've had a break of structure to the downside on the 1H chart at 8:00am BST inside a clear 1D supply zone. There is still the risk of EQL high liquidity that could send this trade past my stop loss but there is a big rejection candle on the 1H which broke the...
Waiting on either a liquidity grab to the downside or a re-tracement into OTE. Liquidity grab into 192 area should lead to a drive up towards the OTE at 195. Drive up towards the OTE should lead to a drive down back towards the liquidity below the equal lows.
We have a 1D supply zone open above the current equal highs (marked by red line), this 1day supply zone is around the 1.36 mark and takes us back a little while but has not been mitigated as yet. 1day supply zone will need to see a 1H break of structure to the downside within this supply zone to show a rejection of this price and will then look to get in on a...
We are currently in a downtrend on the 4H and 1H charts, with some decent movement still left to go before hitting the demand zone at 0.83850. Once it hits this demand zone I will be looking for a rally or reversal which will likely bring us back to a state of equilibrium. TRADE IDEA : SHORT FROM SUPPLY RISK ENTRY - ENTRY :0.84927 SL : 0.85113 TP :...
Gold in a range but has created a liquidity grab to the upside after yesterdays range. It has now broken this range to the downside after the liquidity grab. Potential idea for price to retest the supply zone marked up on the chart. sell from this zone aiming for a target at 3269.00 Entry : 3395.802 SL : 3415.50 TP : 3271.50 Will only take short once price...
Short on GBPJPY for 6th May 2025 Looking for GJ to retest the 1H supply left open at from yesterday. Confluences : Imbalance on 02:00 candle Supply zone at 01:00 Candle Fib retrace at 61% right in supply zone. Overall downtrend on the daily time frame. Entry 191.883 SL 192.154 TP 189
Looking at price action we have a lot of upside potential but we currently have a massive imblaance below after all the tarriff chaos. expecting a quick touch on the supply above with an expectation to collect all of the imbalance below ready for a drive to the zone you can see at the top of the chart. These are supply zones which are still left open from June...
AUDUSD current phase of consolidation ending soon. Will breakout one way or the other but I'm betting bearish. Noteable supply one at top of consolidation, with massive liquidity grab above. Coming back into this supply after asia session 28th April. Waiting for confirmation on the drop. I will be looking for a break in structure to the downside on the 30min...
There was a risk entry on the 15M chart which may yet play out but if it breaks to the upside I expect it to return to the 1H supply zone marked ready to take out the remaining imbalance below with the news candle from Weds evening. We're still in a downtrend but I suspect with the news of tariffs being paused for the next 90 days there may be a rally, would...
After the chaos that was the markets with President Trumps announcements yesterday there is a few imbalances that need filling. Whether they will fill quickly is anyones guess but I'm working on the theory shown in the image above. If we get the break of structure marked as BOS 5M then I would suspect a retracement to a level close to where my long is marked on...
If breaks 194.194 then could re-test demand zones below. Both visible on the 1H chart. Extreme demand zone at days low saw a very bullish candle so likely a good place to aim for. Could take short from 194.194 intraday if breaks and forms new LL
The white line on the chart is a path drawn from the daily chart, we have had a nice correction to the green line marked on the chart. Expecting a retest of the level marked by the red line before a day trade short running down to the previous low created on March 11th. If it breaks back in to the zone marked by the red and green lines, then I wouldn't take the...