Price broke down during the previous Asian session AFTER taking out a high. Immediate feedback downside momentum. This is a safe entry after having a lot of confirmations. Liquidity resting below those lows / Liquidity
NOT FINANCIAL ADVICE
Price sold off during Asian session with plenty opportunities to get in the market. Another opportunity during the London & NY crossover after taking out the recent low. Price sponsored more down momentum to fill in the imbalance that was left during the previous session. Nothing new, price does this most of the time. This picture COULD be the last leg move before...
... Monday LONG... Wait on confirmation. Liquidity, Liquidity, Liquidity. (sighs) Resistance on top to pair with the longs. There has to be a buyer for the sell and a seller for the buys.
On December 7 during the LONDON & NY crossover, price took out the support to then extend to the upside and take out the previous micro highs. Price returned to a cheap level to maybe continue the uptrend to take out more liquidity at the 1.13596 level.
FX:EURUSD
Price manipulation on the 29 of November during the NY & LONDON Crossover. After it took out the resistance consolidation it sent price down taking out the support to then continue the TREND. Price left resistance and imbalanced price. In my view price should take out the resistance and as well fill in the Imbalanced GAP to then continue the TREND down. Price...
Price took out a high now what is left to take out is the trendline and the psychological support level. Those trendline HH and HL are very insignificant which can be easy to take out. The Big Money zone is where the Big Money last made their move so it is expected for them to react from that. / Trendline break
Price at a daily Institutional zone. It is showing Big money momentum within the Zone. Price took out previous high and yesterday's low. The next high is around the 1.14662 level. Price is showing willingness to continue higher on a daily retracement to clear out some money and maybe continue going lower. The "buy zone" is a cheap level Big money might want to...
Possible short scalp on FX:EURJPY . Price is showing bullish momentum on the 5 min TF. A 5 MIN SUPPLY candle broke structure to the downside indicating big profit taking / selling momentum. Price is decently distributed but hasn't touched the SUPPLY 5 MIN candle. It seems as price broke a trendline and retest (LIQUIDITY). COUNTER TRADING IS RISKY #LONDONSESSION
Price has started to retrace after grabbing the liquidity. Price is now retracing to most likely continue going higher to gather the imbalance or/and the high above it. Decent price to go long at blue box. FX:EURJPY
GBPUSD is seeking the DAILY TF high. The 1 HR TF is showing a re-distribution. The dashed lines show liquidity. Re-entry at a good price to capture liquidity and the daily high SUPPLY ZONE. FX:GBPUSD
Price respected the previous 2 hour TF low. Impulsive candle breaking the previous MICRO high. Price retested the start of the candle. Targeting the liquidity (resistance) and imbalance.
Price has reached an untouched supply zone on the daily TF. Within the zone it started to break structure towards the down size leaving behind a price imbalance and liquidity. Price FX:EURJPY looks like it wants to return to mitigate those prices before going back down. I have three sell limit points. The one with price imbalance and the one above it being the...
