Drop expected on NASDAQ to correct imbalance left after the push up, Initial target is 15 000 before we can head back up to break the current highest point
In this vid I point out that we could see a breach of the most relevant low at some point, which is quite near the 62% retracement area of the larger timeframe parent structure. It's interesting that the low and the 62% area are about 20 pips apart, which seem to meet the pip grade concept that ICT so eloquently fleshed out.
Clear Shift in Structure and Break of Structure occured giving signs of a possible drop that will break the 14 900 level - this is also supported by the sell side liquidity left under 14 800. Entry opportunity might happen between the London or New York Session Killzone hours (which are 09:00 - 12:00 & 14:00 - 17:00 SAST)
AUDUSD bearish momentum for scalping/reentry for a long move.
A buying opportunity for NASDAQ Price broke the bearish movement, so would be looking for a retracement down to the order block.... Please drop a comment if you got a different idea,or got some add ons
The analysis is based off my unique approach to seasonal tendencies when Price is in a Ranging Market. Taking 2020 as the third year if we look back until 2017 you will notice how, during this period, the market has been repeating a pretty noticeable Fractal Pattern. Taking that into account l predicted a significant high to form on the Pound Loonie during First...
over all trend is bearish . but price rejected M bullish ob in daily price action show aggressive buyer in market .. so looking for buying entry will be in m15 0r m5
Price will have to fill the FVG at the bottom. Price did a Breaker Retest on the Monthly time frame meaning it is bullish in the long term but for now it is bearish. Let us see what Price will print.
If Price does not break market structure it will be a little retracement into the order block and down to fill the FVG down there.
Two scenarios might happen 1. If Price is able to break the order blocks, price will seek to fill the Monthly Liquidity Void and Monthly FVG below OR 2. If the order blocks hold then it will seek to fill FVG and liquidity void before coming down. Let see what price will print.
If price is able to break the Weekly and Monthly OB, price will continue to fill the Monthly Liquidity Void. DXY is also currently on the downside. Let us see how it goes.
Two scenarios are likely to happen 1. Sorry I did not take the FVG at the bottom into account. Price is going to fill the FVG at the bottom and then go strongly bullish 2. Price will go bullish and later come to fill since everyone is waiting for it to fill the gap so the Market Makers will manipulate price to get Sell side liquidity