On the higher time frame that I will upload after this we have failed to tap into our 4H extreme supply and swept liquidity. Coming into the lower time frames we have had nice PA of our 4H demand we looked for price to react with. Having broken structure to the upside on the lower time frame taking our last supply that caused are shift to the downside into our 4H...
Lovely trade executed today with a clean break of structure to the down side we created this nice 15 kin supply zone that was left unmitigated and the cause of the recent break. Once we had this clean break markets engineered this liquidity to be swept around 182.000 creating a fake supply and gave extra confluences for our extreme supply above.
Now we seen that reaction to the downside not any short positions left for my eye. Want to see if we can hold and respect this zone on the 4H to carry on our bullish momentum higher TF. Will look for conformation entries of this POI if we hold as this is our last unmitigated demand. Handle 1.05500.
Really clean unmitigated 1H demand with a handle of 1.06000. We also match up with our 50% fib level. Will be looking to enter hard of this zone come London session.
Not the cleanest of set ups this week but we could see another type of continuation trade here from our recent supply that caused our further break to the downside. Will wait for a conformation entry as we have a clean unmitigated extreme supply above.
We have been looking bullish on GU and EU after respecting major daily demand zones we have been slightly moving to a bullsih market. If we pull down before tapping into this supply zone above we could see nice longs up into the supply zone with this 2H unmitigated demand we can trade straight of.
GU Potential Scenario. As we have been very strong on the selling side before we tap into this strong demand level we could see one more short opportunity here with a fixed 1:3RR down to the demand. Our entry will also be testing Asia lows and a key reversing point for GU.
Still can see this pair bullish to reach our extreme supply and wipe higher liquidity around our Asia highs. We have a clean reaction out of the 4H and a 2H Demand that caused the recent shift to the upside. Will wait for a smaller time frame entry. Key handle of 1.91000 also in this Demand.
After respecting the 2H supply zone i put out on here we have had a smaller time frame shift in structure. Targeting Asia lows we have a clean POI to look to short from with a handle of 182.500 and a clean 50% Fib level from our recent highs to our current low.