#EURUSD Update would like to see work with liquidity lower to confirm OF with targets of London High, but provided that the price is not fixed below
would like to see work with liquidity lower to confirm OF with targets of London High, but provided that the price is not fixed below
Good morning, as you can see we have long context on 1h timeframe my target is PDL, higher we do have an IMB that can give reaction.
we have long context on 1h timeframe with OF, my target for today is PDL, higher we do have an IMB that can give us reaction.
Monthly timeframe: We received a reaction from the imbalance zone at a price of 3600. It's worth noting that throughout the entire last year and this year, we have been in a long (corrective) context. The logical target could be the maximum of the year 2021. Invalidating the long context would be possible if the price drops below 3200 with confirmation.
Weekly timeframe: I've marked everything on the chart. Speaking of local movements, I expect the coverage of the imbalance below, after which the highs formed above will serve as liquidity for updating the maximum.
Daily timeframe: Aggressive movement starting from last week after removing the January fractal minimum. A clear long context, but to continue such impulsive movement, we need to address liquidity below.
4-hour timeframe: I would like to see an update of the maximum after working in the imbalance, followed by a move lower to cover all the liquidity below.
#EURUSD This week, the euro lived up to all expectations from the higher timeframe. We confirmed the long structure by updating the key price maximum and securing ourselves above it. It's worth noting the movement on Friday when we cleared the liquidity formed on Wednesday (midweek low). For the next week, I anticipate the continuation of the long scenario with a...
4h- The 4-hour timeframe is in a prolonged short context. I would like to highlight the excellent handling of liquidity and the covering of all imbalances above. I would categorize this movement as Order Flow logical targets are lows lower
1D- The daily timeframe is in a short context, and we have also covered a significant imbalance. We are now awaiting a reaction in the coming week.
1W- On the weekly timeframe, we are in an aggressive long context. I anticipate operating within the imbalance, followed by a move towards the lower boundary of equal lows.
1M- On the monthly timeframe, we are still in a long context, with equal lows on both sides. If one side is removed, it would be desirable to see a reaction in the opposite direction, as indicated on the chart.
gold is in a long context on all timeframes, I don’t see the slightest point in considering any short positions. I would like to see work with liquidity at the marked fractal minimum, as well as work in imbalance
#EURUSD After yesterday's impulse leak in the news, the clear goal for today will be EQL + PDL
Before we are above 26600, the long context remains, potentially we would like to see a correction deeper into the 28-31k zone for further upward movement.
#EURUSD Preferably work with long positions for today, Everything what I saw yesterday is similar to building of liquidity, for further removal.
#GBPUSD The pound seems similar to the euro, but there are a few differences: We have reached the logical target on the daily timeframe. The context has changed on both the 1-hour and 4-hour timeframes. The pound appears more suitable for short positions due to the achieved targets on the higher timeframe, as you mentioned.