SS Strategy
Price as seen at New York Open
Textbook trade setup as we have a 15 minute bearish orderblock perched just above the London high at 1903.6
I expect price to trade into the orderblock and sweep liquidity just above London high to purge any stop losses.
Target SHORT entry once price trades into orderblock
30 pip SL
TP1: 100 pips
TP2: London Low 1887
Here we have GBP AUD refusing to print new lows and so we ride the wave and go long we must always remember the trend is your friend,
Price printing above the previous range.. using previous resistance as support we are primed for a move up to the next level at 1.782
Trade Active
Beauty of a setup here with multiple confluences..
1) Price in clear uptrend printing higher highs and higher lows
2) Triple tap confirmed trend line of formed higher lows.
3) Liquidity zone beneath recent swing lows punctured.. stopping out most retail traders who are long too early.. this is what we wait for.
4)Bearish engulfing as price is sucked back...
A doji candle and 4hr 50 ema dynamic support rounding out to form a definitive higher low signaled for a long here.. stops just below the swing lows and clear target in sight(80 pips) as we head toward a sizable pocket of seller trade liquidity nestled atop recent highs.
Caught price printing within the orange defined range for quite some time... In this scenario looking for price to make a decision and breakout in either direction then come back for a retest of the defined zone..
Finally we had price convincingly enough break and close below said range and then come back for the textbook retest of the range.. Previous support...
Price has tapped 1.3625 4h resistance level which doubles as a liquidity sweep on the h1, expecting price to roll over and continue its descent down to the 1.345 level.
Price has changed course and broke above the .75500 level and came back for a retrace and is now using said price as support, next level in sight is .7800. trade executed a bit late and as a result had too tight oi a stop at exactly .75500... I believe it was the spread that got me as price never broke below this level just right at it..
Trade active: Price has convincingly enough closed below the 1.3600 level and looks to be picking up liquidity as it begins its decent to the 1.3200 psych level.. Trade entered as the cable finds our 12hr resistance level. short term targets the next liquidity area below the 1.34500 level and then onto 1.32000 as stated.
Trade ACTIVE Price seems to have been rejectd by the .77629 weekly resistance level and has broken through to the downside and is now forming a new lower high coupled with a dynamic ema resistance on the H4 and a 12 hr resistance level .. Looking for price to gravitate towards the liquidity area around ,76346 and eventually down to the weekly .7400 level
