Beatthemarketmaker
beat the market maker with some guts As i see here we have our bias down in bigger TFs so basically its down trending market and we sell the down trending market everytime the price comes at a certain heigh. We know the rules, accumulation/manupulation stophunt and then a level/drive/profit release etc. i am a learner so i am open to correction
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EURUSD LONGOur hourly timeframe is relatively bearish but it could be a complex pull back to form a higher low in the daily timeframe or it could also lead to a daily break of structure. In anticipation for the price to get to our hourly orderblock that could likely take price lower or even get broken we could take a short term buy into it on the lower time frames or we could simply use it as our first take profit for a larger bullish move, we could also use the orderblock as a point to take price lower.
Gold Bullish run update.
Following our successful entry and Target hit, we see another opportunity for the bullish run continuation.
Caution because pair is currently gathering more sell orders to trap retail seller.
Expect aggressive stop hunts to the downside, but based on probabilities we are bullish until further price action
GBPJPYFollowing the sell-off the happened yesterday, a possible reverse trend opportunity has presented itself.
This pair is currently in its pull back after a big drop phase, a possible sell entry at tomorrows top side to continue the sell run or if the channel does not hold, we can see him turning the trend around into buyers territory.
GoldBull Update
Based on my 1h analysis I initially posted before this,
- Gold with a beautiful bullish engulfing at the second shoulder.
- move can proved incorrect if shoulder does not hold.
- v2 area
AUDUSDFollowing the break of the inverse head and shoulder neckline which confirmed our bullish continuation run, retail breakout traders came in full force only for the forces that be to clean the table with a strong attack to the stops.
Todays low has been set and it confirms buy support from yesterdays low.
I am expecting more bullish run to the up-side with plenty of entry opportunities to come.
EurAud Third PushWe can see EA has had two pushes with return to accumulation. Last week we a stop hunt out of the accumulation that formed a big multisession "M". We now see a second stop hunt form another M on the lower time frame moves. We should see another push down to the Green take profit zone this week with a W and buys coming Q1 of next year!
GbpUsd Long Term bullish moveGbpUsd has completed the push down after an extended stop hunt for to start the week which has also set up our beginning of week false move on Monday. We should see another decent push into the buy zone I am looking for to continue back up to this weeks high and possibly further going into next week. i do expected a very bullish start to 2021 for GbpUsd since we've spent most of last year in an accumulation zone prepping for a big move.