Overall we're bullish on daily, I am waiting for retracement. We captured liquidity and make a LL instead of HL => bearish scenario. Entry on 50% of 15 min institutional candle and also on 5 min institutional candle.
Target is liquidity below structrue.
You can see obviously equal highs, that has been taken out and now I am waiting for mitigation from smart money.
My target is that beautiful equal lows :3
Also entry zone is in the golden zono of fibo (71 - 78.6)
Now, GBPJPY hitted my entry zone (institutional candle - open or 50 % of body) and now I would like to see go up (at least to the TP 1 = liquidity, potencionally to TP 2 = another institutional candle (POI))
In this situation I would like to see going up (taking liquidity and filling the imbalances). The last imbalace is under FU candle (which took out liquidity). After price hits that level, there should be short (TP1, TP2 and TP3)
You can see an order block (green box)... Smart money needs to mitigate (buy limit on candle's open and 50% of body)... My TP is open of a FU candle (candle which took out liquidity and market reverse after that)
In this situation I'd like to see DXY take the liquidity above and fill the imbalance, after that I'd like to see mitigation to institutional candle (1H TF) and then rapid sell to take liquidities below.
After a huge short on USOIL, there should be fill the imbalance here.
Also there is an institutional candle => banks need to mitigate (also Fibonacci indicates golden zone = potentional TP3)
