1) Price did not break or close above the previous weeks high as demonstrated on my chart.
2) we may potentially break the weekly high, i'm not predicting we are here to react, but lets make an observations of this.
3) price is clearly consolidating, meaning the institutions are most likely hard at work, transacting orders and stacking their orders, remember...
1) Weekly candle closed below the previous weeks low and protected the previous weeks high, (this is a good indication of bearish market)
2) there was a sell-click or initiation at the origin being the weekly high, to the lowest low, which broke previous swing low.
3) The zones i have marked out in pink, are the sell-zones or supply-zones where the...
1) Price had a weekly candle bullish close above the previous weeks high and protected the previous week lows (clear indication of potential bullish movements next week.
2) we may see the weekly low get protected again, as i have marked out (ORIGIN), it shouldn't come below that low if we are bullish, why? because thats where the institutions are holding their...
1) Price closed bearish on the weekly, also closed below the previous weekly low, which is of major importance as we know, the large players in this business abide by the (law of the land) (protect and add to position), the weekly high as marked out as (origin) because it is the highest or cheapest price where there was a sell-click, the origination of that click,...
1) We had a weekly bullish candle that closed above the previous weeks high, printing a bullish engulfing weekly candle.
2) we have marked out the weekly low (ORIGIN) meaning at this price level the only way the upwards impulsive move could have occurred is by the initiation of a buy-program or a buy click, so we had a strong move from weekly low to the highest...
slowly manipulating the lows, this could be a continuation to the downside potentially mitigating out of their initial open up close candle before the down, which holds a high amount of volume of loss orders, i can also see the wyckoff schematic coming so maybe this is a sign that the market wants to move up higher. a few triples highs near the top of the range,...
simplicity of the Markets, equal lows will be swept and the continuation to the upside will occur, come back in a few weeks and tell me i was wrong i bet you wont ;)
simplicity of market structure, its extremely powerful when it comes ti the highest probability on identifying the potential trend of the market and which direction its likely heading to, in the example above, we can clearly see the BOS= (break of strucutre) to the downside which indicates that supply is greater than demand, which causes the swing low point...
using only market structure you can see how powerful this method is, it helps you with your directional bias, and can determine where potential price reversals may occur. In this example this is very interesting for Aussie,, we have not yet broken the low, but at the same time we can expect a reverse to the upside, for a retracement than a continuation to the...
potentially start seeing price rally to the upside, prices have left and area of improper price action, liquidity is sat above those equal highs. if we start failing to break strucutre to the downside, and breaking structure to the upside, that will be confirm in directional bias, Smart money has a lot of liquidity to grab and the algorithm has re-balancing to do...
Price could travel anywhere at this point, we can expect very volatile movement from GOLD, they have accumulated a ton of positions, we can also see the spring formed from the Accumulation, equal highs and equals lows will be ran through, we just have to figure out which way the order-flow will travel, currently trading upon 2 price ranges, notice how every time...
a potential retracement, we could see prices push alot higher potentially breaking the 4hr swing high and filling imbalances, smart money needs to mitigate their drawndown ordes, and re-balance. notice how equal highs and sitting right below the first imbalance area, there will be a ton of liquidity sat above those equal highs. targets? a daily imbalance to the...
