Prices took a short term high, giving us a shift in market structure, looking for pullback into a bullish order block or imbalance for a potential long entry. We are going to look for a fill of the sell-side imbalance.
WAve analysis price action market structure imbalance regular flat
Pair Name: EUR/USD Time Frame: 15 MIN Analise Type: liquidity zones, imbalance Reasons: •Bullish trend but London session created a false breakout •New liquidity created that hopefully will be reacted by the price •Previous liquidity reacted well by the price •Imbalance created
op de chart is te zien dat er een zone is getekend met imbalance. ook is er te zien dat de fib level 0.5 in de imbalance zone zit. dit is een dubbele confirmatie.
wave analysis price action market structure imbalance
After a strong fall to the downside, I am very bullish. However, we might come back to test the support level. I am looking at the imbalance to the bullish side.
Wow after a bearish week, we came to a very strong round number. I am looking at imbalances on the bullish side and even though we do have imbalances on the bearish side, I am very bullish due to the support level, round number and also imbalances. Though we have formed a support, we might test it.
Sell now, stoploss 1640. First profit - 1450 Target 1 - 1320.20 Target 2 - 1224.5 Wait to buy when price is close to 1225 area.
MARKET STRUCTURE BOS waves impulse wave price action IMbalnce
EURGBP: price was converging in a rising wedge towards the breaker block, after mitigating from this block we got a break of supporting wedge line and change of character to bearish side on local structure, overall trend is bearish. I expect this pair to continue as marked on the chart.
Ethereum is bearish for the next couple of weeks until further notice. Price broke structure to the upside on the daily timeframe and is looking to drop heavily to $1200 area. On the weekly timeframe, banks did not yet mitigate their positions at the open price of the last bearish move down, before the up move that broke daily structure. Before ethereum continues...
From here you can short USDCAD after we filled the imbalance and on the Lower TF we created a change of character to go short now. You can enter the trade now. Entry:1.29027 SL:1.29500 TP1:1.27580 TP2:1.26560 TP3: 1.25880 please like and comment what you think!
Gbpcad is developing a range market, we need to wait if it is n accumulation phase or just a redistribution. We will follow the price action, if a spring should be developed we might consider to buy until the fullfilment of the imbalance.
GBPUSD Aug 10 1145H GMT+8 Bias is still Bearish. I expect Dollar index to go higer after US Core Inflation release 0830H EST. 4H Descending Channel is still intact NY Session yesterday produced a 1H SZ (Supply Zone) and FVG (Fair Value GaP). I'm expecting London Session to fill the gap. I expect London to take out Sellside Liquidity (Sell Stops) before the...
Double top, structure to be closed. Bias is short after last break. Could start dropping already even without taking out double top. We have 1.02 psych level.
Here are my thoughts on GBPJPY this week. I think that it will go up and take out that liquidity before continuing its bearish structure. I think we may get a nice strong push through the liquidity and to supply sometime between London and New York.
Prize broke the structure to the downside with great momentum leaving imbalance and creating a supply zone . we are expecting prize to go back and mitigate he OB and resume the bearish move after filling all the imbalance
Counter trend trade. High risk position Buy to Sell from the 1H imbalanced supply shown on the chart.