KelvinEo

KelvinEo

Down trend, strong supply level retested. Set SL on top of imbalance that was mitigated earlier. RR 1:4

KelvinEo

In about 8 minutes the news embargo will be lifted. Gold could go either ways. so i have draw the zone that i feel price will react to. Won't be taking any trades until 30 minutes after the news release. Be patient and wait for the price to come to you and think clearly whats the price telling you

KelvinEo

Missed this GU sell entry that happened after tapping into the 30m POI. As u can see the purple box "smt", many smc traders would enter at that zone and be induced. However there will be the PPI news coming up in 2 hours. no trade is better than a reckless trade.

KelvinEo Updated 

Price pullback to FVG and waiting for the price to sweep sellside liqudity. Current Bias is Bearish

KelvinEo

Price has swept IRL, i would like to see it go towards the ERL and clear the EQLs that has liquidity resting under it. The EQL is also an inducement area to me as the FVG and OBs are still unmitigated. so in short, price will go down to the OB before going up to the buyside liquidity .