GU Smart Money Setup... Bullish Orderblock. We are looking for buys as price touches the equilibrium, as we know market makers are anticipating to put price higher
Good Morning traders!
Hope you are well.
Todays forecast will be done on the 1hr timeframe to give more information.
We are still in a over uptrend/buying range, with liquidity built above current PA. Over the past week price has retraced down and is now within the discount of the buy range, this offers great opportunity to go long. As always we look left for...
GBP/USD Price Analysis: Recaptures 1.3900 ahead of Bank of England.
GBP/USD is attempting a bounce above as the US dollar eases.
The cable regains 21-SMA on 4H, with eyes on 1.3952 resistance.
BOE likely to stand pat but could offer tapering hints.
GBP/USD technical outlook
Looking at the four-hour chart, GBP/USD is looking to reclaim ground above the...
My analysis on this one is based on a Smart money concepts that some retail traders hardly ever use. We have a retail support zone that was violated (Manipulation), and resulted in us having an Order Block. I scaled down to the H1 to properly identify the Order block candle. price has since been bullish. Ideally, after an Order Block is formed, we expect price to...
As we can see, price fell this past week because of an order block (which was signaled by the manipulation that occurred at around 1830). Price then brokedown and came back to retest the Order block zone, giving us confirmation and an opportunity to open a position. An order block has been formed again on the M15 and I'll be waiting for price to retest the Order...
There'e be a few fair value gap and berish order blocks along the way to knowc the price down a bit. But you have remotely equal highs which meamns there is. tone of liquidity resting aboveand around these areas of "Resistance" They're not resistance, they're just part of the algorithm themselves that were knocked back due to fir vlue gps and being oversolf on...
The Mark up is simply a POI - Point of Interest and will be looking for lower TF smaller Entries. Looking for the most Probable Entry for better Risk to Reward.
gold is currently approaching the 1H supply, we're seeing some reaction. I'll be looking for signs of distribution around 1820-1825 area to bring it lower towards the buy poi from earlier this morning.
ps: check my previous idea for the buy!
This idea shows my anticipated new all time highs on US30, The key is to get on a higher time frame, make analysis and enter on small time frame to increase the RR.
However, in this idea, the RR is almost 1:1, but if you are familiar with important market concepts you can reduce the stop and increase the RR on this trade.
I am still long on US30 until I see a...
