GBPAUD bullish??
Hey guys! haven't posted in a while but im definitely back for good. been doing a lot of back testing & profit grabbing past months.
(black line reps start of week)
but lets check out my favorite pair today GA.
so at the start of the week we see that the market continue its direction from last week but suddenly halted. we then start see classic manipulation off the low of the day, when the market consolidates near a Hi or LO PAY ATTENTION!!
they then break out high to comes back to the same lo hours later & slightly break passed S/M low & quickly leave the zone with a bullish engulfing. the market will always clear the stops before continuing with the true direction. Wedn & half of thurs the market starts to gather more orders Hi & lo before they continue with true direction.
so what i want to see next is the market come back down & fill in the range but bounce off my fib level 0.62 - 0.79 but ideally want to see it hit 0.705 & continue up trending.
(always remember structure W, V, V, M)
(black line reps start of week)
but lets check out my favorite pair today GA.
so at the start of the week we see that the market continue its direction from last week but suddenly halted. we then start see classic manipulation off the low of the day, when the market consolidates near a Hi or LO PAY ATTENTION!!
they then break out high to comes back to the same lo hours later & slightly break passed S/M low & quickly leave the zone with a bullish engulfing. the market will always clear the stops before continuing with the true direction. Wedn & half of thurs the market starts to gather more orders Hi & lo before they continue with true direction.
so what i want to see next is the market come back down & fill in the range but bounce off my fib level 0.62 - 0.79 but ideally want to see it hit 0.705 & continue up trending.
(always remember structure W, V, V, M)
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