Price has reached the level I highlighted yesterday. Taken a sell position here, aiming for previous days lows.
Price has reached the level I was waiting for. Sold here, main target are the most recent lows.
This isn't a pair that I like to trade really, but I am considering adding it to my arsenal. The macro is just looking too clean. We have traders trapped on both sides, however due to dollar strength and order flow, I am currently bearish, looking for the lows to be swept.
Macro bearish on EU. Expecting high of the week to form above previous week's high (purging the liq), then a steady drop down towards monthly levels highlighted.
Looking for price to purge last weeks high, subsequently fill the imbalance, then target the sell stops below the weekly low.
I love the look of this chart. I am currently bearish on GBPUSD. I expect the high of the week for the coming week to form where I have marked. I then expect price to begin making its way down. I was bullish on this pair until recently, however I believe we will see 1.35 mid figure before we see 1.4 big figure.
Friday ~ low risk! Iffy about this one, we could easily purge the highs and hit my stop. However, I believe price will briefly go above the midnight opening price, tag my entry, then drop. Expecting heavy volatility due to high impact news.
Don't be fooled by green days, its only retracing to re-balance. Price can drop again from anywhere in this highlighted area (high chance of around 50% area).
Expecting the rest of trading today to fill the inefficiency laying above today's current high. I then expect price to fall tomorrow and wipe out everyone who is below the lows. This may happen tomorrow, also the chance of it happening next week.
Repricing complete after yesterdays displacement. Now short looking for price to purge the liquidity laying below yesterdays low. It did tap into this ever so slightly, however I would like to see it go much deeper. Ideal target is the daily liquidity.
No side is safe. Traders on both sides of the marketplace will get taken out today, before the big move. I am out of all positions.
Starting to see a heavy market as predicted (view earlier idea). One thing about Bitcoin price action is that it's clean and predictable. I am expecting more selling once price has retraced up into the purple zone.
Still in my original entry from yesterday (50% scaled out). Took another entry today during LO. The reason for this was we are in a bullish expected week, and price wicked the Asian range low. below the midnight opening price (NY time). This was confirmation enough for me to go long again. I now have two positions open, both 50% scaled out. Will let them run to my...
Hit my reversal level on the Daily TF. DXY has filled its inefficiency. EURGBP rallying (which is why I'm longing EU as opposed to GU). Lower timeframe structure printing what I like to see.
I am expecting this to be a bullish week for GBPUSD, as well as all other XXXUSD pairs. You can see the levels which I am looking for, the key one being the 1.4 big figure on GU. FOMC this week also.
Targeting HTF EQL's. Entry off a M5 brkr. I dont usually like trading Friday's but the setup looks clean. Will abandon if entry is not tagged by 10am NY time.
Been a while since I touched an index, chart looking clean though. - Looking for the lows to be swept, may or may not tag my entry.