I am selling XAUUSD at an untagged liquidity pool that previously led to a break in market structure via a new low.
Who wants to bet that RTY (Russel) is setting up for a liquidity run on those juicy equal highs? If that's the case, this could be short term bullish but then bearish.
Looking for NY to take liquidity then to continue long to balance the market. Target is 12313
I am buying USDJPY off an untagged liquidity pool that led to a break in market structure via a new high.
Want price to retrace into 5min demand zone, then go long to balance itself. overall long bias.
I am selling EURJPY at an untagged liquidity pool that led to a break in market structure via a new low.
I am buying NZDUSD at an untagged liquidity pool that led to a break in market structure via a new high.
Winners = 12 Losers = 2 Breakevens = 2 Total Trades = 16 % Non Losers = 88% % Winners = 75% % Breakevens = 13% % Losers = 13% Win/Loss = 600% Net R = 17.2 Avg R/Winner = 1.43 Avg R/trade = 1.08 Bad trades prevented due to presence of liquidity near SL= 13 Icons on the chart Thumbs up : Trade was a win Thumbs down : Trade was a loss Circle with a cross : Trade was...
Buying USDCHF at an untagged liquidity pool that led to a break in market structure via a new high.
Sell USDJPY at the untagged liquidity pool that led to a break in market structure via a new low being formed.
Selling EURJPY at a liquidity pool that led to a breakdown in market structure via a new low being formed.
During a liquidity hunt, price could fall as shown and reverse from a long term trapped sellers zone. Let's see what happens
Trapped sellers will love to exit during a liquidity hunt!
DXY is creating a False flag. Price has been leaving Price gaps. GU can come back up fill in the Gaps OR GU can reject of the OB to clear the Lows then Going to fill in the voids. Wait and see what London does.. Will it set the HIGH or LOW of the day? We shall see..
There are 3 pockets of sell side liquidity right below us, which are ready to be raided! Short term : ICEUS:DX1! will head lower in search of liquidity Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided. Also, lower DXY means higher S&P in the short term, lower in the long term.
Swing lows & highs when close by, form perfect liquidity pools - ready to be raided. This is where future trapped traders would be found!
On this pair, a bullish shark harmonic pattern is spotted and D leg aligning with institutional level at sweep of liquidity pool. If you find this helpful, kindly drop a comment below. NOTE: This isnt a trade signal but for educational purpose.
With the stock market meltup, and especially Tesla, and gold & silver, and negative Oil maybe too, there must be alot of beginners in the period. They come in waves. One of the first things anyone should learn is about areas of support & resistance. Learn to draw them, know that they are areas, the lowest (furthest away) half or even third of the area is the...