Following the massive sell-off yesterday, was looking to continue the sell just above today's open. Unfortunately, price hit the 1.25100 psychological level with a massive sell-off during the London session. I believe we might get a reentry at the imbalance around 1.25400, especially if the US PMI data comes in strong. Planning to sell at this level with a target...
Price made the high of the week on Wednesday and closed yesterday's daily candle with a bearish pattern. Today, I was looking for shorts only and found a good entry earlier during the London session, hitting Wednesday's low. Price just gave a reentry in the order block around 1.26470. Targeting today's low and ultimately Tuesday's low, with a longer-term target at...
Today's analysis for GBP/USD shows an overall bearish trend. I am looking to go short once the price hits the Sell-Side Imbalance Buy-Side Inefficiency (SIBI) Fair Value Gap (FVG) area. Additionally, there's a breaker block just around the FVG that reinforces this potential short entry. The resistance level at 1.2650, aligned with the 14-day EMA, is a key zone I'm...
Buy side liquidity has been taken out (Friday high) after tapping on the 4hr fvg. Price left a daily bisi yesterday with sell side liquidity sitting above it so expecting a draw on ssl today then watch if price will respect the daily fvg. NB: News coming later at 5pm 👀 waiting for the new York session.
The weakening dollar with the Jackson Hole anticipated affirmation of expectations for an interest rate cut on September and an arguably stronger pound has seen price move to yearly highs tapping into the monthly sibi. Looking for the price to react from the imbalance and trade a little bit lower so coming week would love to see a sweep on last week's high in the...
Price has been bullish since tapping into the weekly fvg. Previous weekly highs has been swept. Taking a small short to asian session lows.
Bias Bullish. GU has been rocketing since filling that weekly fvg. Will be looking for more bullish action today. Price took out Asian highs and traded lower in the London session potentially creating the low of the day which is technically on the 4Hr, 1hr and 15min fvg. Fib levels at Discount array. If market doesn't go lower, we targeting Tuesday's high and...
The dollar has been stronger than the pound lately leading to price going lower. The weekly low was broken yesterday after we saw a bearish move in almost all sessions. There was a daily fvg that price respected and broke structure to the downside. Price is at the same area and there is a 4hr sibi left yesterday. Anticipating price to fill it and trade...
Bias Bullish. Price tapped into the Daily BISI after a draw on liquidity. We are still in the weekly fvg so will basically be looking for a bullish run next week but if we get an entry in the other session we might get in. NB: The dollar has been relatively strong and with News incoming later both on the pound and the dollar it's always advisable to sit and watch.
Bias Bearish. Price reached out premium imbalance in the 4Hr. Looking for shorts to the London lows and ultimately targeting Weekly low.
Bias Bullish. A quick long Targeting the London and Asian Highs.
Price bumped into the sibi and has been struggling in that zone. If it's unable to break above, will be looking for the DOL in the London low. For a more conservative approach, wait for the news in the new York session and look to short in a better PD array above.
Bias Bullish. My favorite day of the week is here. markets opened in range and price took out Asian lows. Got a buy entry in the London session, tp 1 was in the 15mins imbalance because the price might decide to drop lower and target the DOL on the previous weekly low. If it doesn't, tp 2 is up the Asian sesh high and then later look for a sell in new York.
Bullish Bias. Last week closed in a red thr dollar has really fought back against other currencies. In the Coming week of 17-21 June, price having tapped into the W1 fvg, will be waiting for price to sell off a bit before closing bullish on the weekly. Multiple news events to be watched closely. Have a great trading week. Vamooooos!
Last trade of the week. Price tapped into the weekly fvg after a bearish week overall. A long for some 20pips. Looking forward to bullish coming week.
Bullish Bias. Looking for a quick market move towards the liquidity levels above current price in form of a pullback to continue with the trend in new York sesh.