i want to see some buyside liquidity and a structure shift before taking shorts, there is an area on the daily i am looking at as an area to reverse, but wait for shifts, let the range be broken, wait for the fakeout and i think long term we will be shorting this down past the flatlows.
Bitcoin has set up a nice Equal lows for the future to take its liquidity from trades, but before that we have already made new lows and this seems like the retracement back to more orders to flush is down. there is also a minor high which will be broken before tapping into supply 50% before we look for shorts.
Looking at the market before NFP it looks like a sell with a wick being left. To make it simple, i think with the current structure and the double top liquidity, i think price will be drive hard down to fill the imbalance before pushing up higher whilst liquidating as much retail as possible
we might first see retrace back into the range before going up to collect orders. I took a short of the break of the range which was BE. There was a amazing long chance london open hour which i missed because i trade for 1 hour 9-10am or 2pm - 3pm
This just looks like an easy bear trap. A nice set up for a potential long violating the trendline.
A nice pull back into the imbalance before a rally down. All analysis looks to sells. If price decides to move down, we will definitely see a low be broken before looking for buys.
Euro dollar been pushing hard and left some imbalance which perfect areas of sell side liquidity. i be looking for this be filled either today or tomorrow then we might see some bullish movement. Looking for sells on the 1m.
Price has been pushing down very strongly and has created corrective structure possibly as a pull back to drive the price to the low of last week seeking liquidity. if price carries on to show bearish signs i will be shorting the rest of the week.
No signs of stopping bullish momentum. equal highs created will be looking for entries on the 1m
EURUSD took a major swing point liquidity which when this happened i was looking for buys, however looking into next week we see price action is being pull towards the next major low. I will be looking for london manipulations and continuations in New york sessions. Keep your analysis simple.