The Asian session formed a range, there was a manipulation expansion leg to the upside in the London session, I believe this is what Michael calls a Turtle Soup (Correct me if I am wrong). Then the AMD schematic formed which is Asian Range, London Manipulation, which also had the first distribution leg. I am looking for the second expansion in the New York...
Liquidity generated in AM session after the GDP news release was taken, there was indeed a Seek & Destroy market profile after the High Impact news release, clearer price action formed after the Silver Bullet Time Window.
PM Session had clean price action.
AMD schematic on 15Min, another one on 5 Min in second stage distribution. Sellside liquidity was taken, then after the expansion. Sell-side Liquidity was generated again at 16:20 NY Time then it was taken again before the second stage distribution on the lower timeframe.
The GBPCAD is at a major zone, this zone had previously been a major resistance level from 2016, it had been broken once but it was a false break as the move did not produce heavy buying. The 1,30 zone has produced bullish pressure from October 2017, I therefore took a long position at 1,30273, with a stop loss at 1.28551 and a take profit at 1,34140. My R:R on...
