Looks like a nice Short if you ask me. Would be a great way to end the week!!!
I would like to see price push up to the BEARISH OB then we can expect to take sells for we day. However it is entirely dependent on how price reacts in that zone because on our bigger TF we haven't broken any major swing highs or low so direction is very uncertain.
SETUP LOOKS PROMISING. USDCHF should go up to manipulate the Buy-side liquidity and also test the BEARISH OB at 0.9250 then we can expect to take sells to the breaker marked at 0.9220
EURUSD pretty interesting. Love the confluences down there with an h1 breaker and also M5 order block plus the Fib OTE level. Let me know what you think in the comments
BULLISH TRADE FOR GBPUSD. LOOKS NICE TO ME !!! The market looks like it might want to purge the liquidity under those equal lows. It will also have a confluence of the m5 bullish OB then we can go long to that bearish ob.
I am planning on taking a 50 pip long position. Just waiting for price to retrace to 1.3200 to clear the sell side liquidity under the equal lows then we should see a BUY all the way up to 1.3250 securing 50 pips. Happy Monday!
GBPUSD needs to come down to clear the minor lows and also mitigate the FVG which is conveniently in the Fibonacci discount zone at 1.3250 then we can expect to BUY from there. With the help of fundamentals today we should see that aggressive 80 pip move to that bearish OB marked up there.
This is an analysis of GBPUSD that shows a promising BUY setup. From where price is, there is a lot of sellside liquidity because of the equal swing lows. That liquidity needs to be purged giving us a chance to reach the Bullish ORDERBLOCK which offers market makers a discount price since it is at 61.8 of the Fibonacci sequence. This move should occur during New...
This is an analysis of this pair, from an ICT perspective. This is not financial or investment advice and analysis has been done on a demo account.
There are equal highs at 1.1585 and BUYSIDE liquidity that needs to be cleared above the highs. Hence I expect the price to clear these highs by respecting the bearish OB at 1.1600 where there is also an optimal Fibonacci level. From 1.1600 to 1.1620 we expect the price to drop with our first TP zone at 1.1550. Note that this move will manipulate trendline traders...