The price has swept some liquidity above this year's equal highs while at the same time diverging with Euro both on HTF and MTF. The target for this move is EQL.
Good opportunity for spot positioning ICP - not financial advice :)
Price aggressively pushed away from the key round psychological number of 140 and created a head and shoulders formation. The majority of traders who missed the breakout will have attempted a sell at the EQH's - they have now been liquidated. The only liquidity that remains is the sellers with stops above the right shoulder. I am observing price action around...
Price made a choch and left the IMB on back and it has to be filled and price will break the EQH and reach our poi and we will look up sell opportunities
EURNZD - Multiple sharks completed with D point landing on refined Daily OB's, price has broken structure on LTF and looks like its reversing, however I want to see another test of the lows/rejection before I potentially enter this long!
US30 - Potential Shark, price has taken out liquidity, filled and imbalance and landed on a nice OB! Price is also in a downtrend on the HTF, I expect the price now to drop and make new lows taking out liquidity once again below. What's your thoughts?
XAUUSD, Bat Almost Complete, D point sit's inside area of imbalance, on a nice OB and just above a liquidity zone, I'm looking for price to take out the liquidity above then below from the D point. What's your thoughts?
EURUSD, potential bat forming, I'm looking for price to take out the EQL before then the EQH before finishing the bat, I will scalp this based on price action! Let me know your thoughts!
GBPUSD - Potential bat pattern forming, I caught a nice-short today from the break of the EQL highs, now this level is broken ill be aiming for the next OB to scalp and then looking for price to hit the D point and see how it reacts! Whats your thoughts?
GBPNZD - I'm looking two reversal trades from this pair, one smaller scalp from the X point (Weekly high after liquidity is taken out and the other at the D point at the completion of the butterfly) There's a very strong OB in this zone and last time price reacted very strongly to it, so that zone is definitely worth setting your alarms for! Whats your thoughts?