Eurusd looking pretty much read for a drop, price approaching D legs of the bearish shark and deep crab which alighs perfectly with a supply base from history and as well liquidity pool being taken out. Here's my point of view, let me know what you think in the comment session.
Price currently in a downtrend on the lower tf and approaching an OB, alongside a shark pattern was spotted which perfectly congruent with the institutional candle just right below liquidity pool created. going to the 30 mins tf, a deep crab was also stotted which also aligns perfectly with the PRZ. check comment below for the lower tf analysis.
Gold finally gets to major POI at PRZ of butterfly pattern completion after about 4 weeks of anticipation. looking at short entries at the zone.
Spotted a bearish cypher (D1) and a bearish crab (H2) both pointing at same zone, expecting price to head up there and we see a reaction from there.
+900 Pips bagged from bullish entry of Gartley pattern.
+300 pips floating from entry, still expecting more bullish pressure from market open.
audusd been trending upward for couple of weeks now. this gartley pattern shows that theres an order to fill up before the bullish run continues.
Here is the overall bias of usdcad, after the big rally to the upside, it starts to drop off a supply zone. At this daily orderblock is a possible short entry to join the train.
liquidity pool formed at eqh got taken out with shark extended d leg, looking at price mitigating the CC before the drop to fill up imbalance.
Price creating liquidity just above a daily institutional candle, looking at price taking out the liquidity at the open or intensifies to the 50% of the institutional candle present. these prices also aligns perfectly with h1 OBs.
Price didnt come to our initial entry level, but on the smaller tf, we got agood reentry zone, this is how far price has gone, in the week ahead, we do a follow up.
A bullish Gartley pattern spotted on gold and expecting price to go for the final lap in completing the bearish butterfly from the daily chart, hence, price clearing out liquidity then the drop.
Shark patterns congruent perfectly with institutional trading as price took both liquidity at the resistance and support zone before moving the opposite direction, expecting a drop from current market price mitigating the institutional candle at 88.6 fib retracement.
Bitcoin has been trend upward after the crash in the second week of March, the bigger picture shows its formng a bearish flag pattern and now price has gotten to the supply zone, expecting the drop from this zone back to the base. comments are welcome...
The liquidity pool that was created at around 107.4 mark finally got cleared and we can see a quick bullish move back to the key structure level. Retailer would be looking to sell at this zone but institutionalist on the other hand would be looking for buy entries. I still see price going to the supply zone (green zone) before the final sell.
Price has been trapped in a range for about 12 trading days now. expecting a bullish breakout triggering the base of the supply zone and a bearish continuation, taking out liquidity at the support zone.
Liquidity Pool created next to one which just got cleared. looking at price heading down to take out the liquidity and mitigating the institutional candle that took out previous liquidity. price as well left an imbalance which is the possible buy entry.
This pair on lower tf has been trending down and finally tool out liquidity and we got a sharp move to the upside after leaving an imbalance. Expecting a pullback to the green(buy) zone to fill up imbalance and project about a 450 pips bullish run to completion od shark harmonoc pattern.