Expecting a market maker buy model to form at a Goldbach level
Trade active
I want to form a short term low here. We did a stop run of the previous short term low.
I want the next candle (11:15 CET) to move away from the Balanced price range and form the second blue box
I want the second blue box to form a short term low at the CE level of the Golbach level and non Goldbach level
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You can see the bearish order block at the CE level, that will become a breaker.This OB- created the hippo (a hidden order block with 2 gaps on both sides)
The lower gap created the balanced price range, and formed the smart money reversal
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So we created an up candle now, and we want the current candle (11:15CET) to also create an upward movement.This will create a new short term low, and due to the stop run we did of the last shrt term low (STL), we want an expansion up
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The middle of the balanced price range should be respected, or it might be time to reconsider the longNote
Cleared the imbalance first on the 1min chartNote
Need to wait until London Lunch for a confirmation of a new swing lowNote
1 min imbalance filled, and rejecting the low, continue in direction of the MMBMNote
Potential "long" term low in the makingNote
future markets will be close in 1,5 hour for the memorial day, be awareNote
We now have the "long" term low in place (Low with 2 intermediary term lows, which is a low with 2 short term lows)We should now see the expansion to form the second blue box of the MMBM
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Want them to expand to gap at the top of the red box and retrace towards the CE level, to complete the blue boxNote
approaching the gap at the red boxNote
Reached the gap, expecting retrace towards CE level of the zone between the 59 Goldbach level and the BR non Goldbach levelNote
Retraced until CE level now. Blue box complete now. we want to expand to the upside to complete the MMBM
Markets close is 20 minutes, so might not be for today
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Swing low formed on the 15M chart, in accordance with second blue boxExpecting an expansion to complete the MMBM
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after the distortion of time, we now should move up to clear the buy side liquidityNote
trade is finally moving to target. NFP in 45 minutes, be carefulTrade closed: stop reached
NFP stopped the remainder outDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.