GBPUSD WEEKLY FORECAST FOR 26th-30th JUNE 2023Price has performed a break of Market structure on the 4H timeframe, it created an imbalance in the form of a fair value gap and price tapped into that and the breaker located there. I expect a heavy market to the downside on the open. Several levels of interest have been marked on the chart. Let's see what happens
Ictbreaker
AUDUSD: Buy/Long AUDUSD is weekly discount zone
Showed good bullish reaction from daily fvg (that was formed on 9th nov, 22), with upward displacement and MSS on multiple timeframe (1h, 4h & 1D)
left behind untested/unmitigated FVGs on multiple timeframes and also nested into htf fvg, to be rebalanced soon.
there is also a 1H bullish breaker block aligned with the 50% of current bullish PA.
my entry would be 50% of bullish breaker and stops below same 1H bullish breaker.
IPDA on EURO FUTURES CONTRACTSellside and Buyside Have both been Purged Since the New Yearly Open with price Resting at the Midpoint of the overall Neutral Order Block we are currently sitting inside of. I am Neutral Until I see a significant Displacement Leg Form; Shifting Market Structure to a More High Probability Setup. For now I will Simply use the Weekly Range(s) of Liquidity on a Daily TF to Locate 4H Swing Highs/Lows for 1H Model Frameworks - allowing LTF 5min 3min 1min Entry Setups At HTF and MTF PD Arrays. Running sentence, sorry. #ICTStudent
** NOTE: Even though Long Term I am Neutral - I am Bearish on the Short Term till price Reacts off of the Bullish Breaker, because we are in a Bearish Weekly Candle with a confirmed Daily Swing High for Monday, Tuesday, and Wednesday that has drawn a Daily Bearish FVG.
EURUSD Breakdown 1HRAfter having a High momentum Push down yesterday we see market moving upside in a low momentum so we expect sells highly to come in after filling the 1HR FVG and also taking out the BSL, So after taking out all those we wait for 1M Market shift and another BOS for 2ND Entry(Low risk) We SELLS
[CAT] - Daily - ShortZoomed in on daily.
Last trading day Fri 17 Feb 2023, we wicked right off the C.E. of the rejection block and the upper level of the daily bearish breaker.
Currently sitting right at the C.E. of the daily bearish breaker. Want to see us move towards the lower half of the breaker and trade through it, attacking the sellside liquidity at the RELs.
US500 - Short - RR3Smart Money Concepts
During the london killzine (2.00-5.00 ny time) a draw on buyside liquidity took place. The draw on liquidity took out the previous high and formed a bearish market structure shift.
As a result of taking out the previous high and forming a market structure shift, a bearish breaker block has formed. Due to the strong bearish momentum, a bearish fvg has formed.
There's a difference between an imbalance and an fvg. We only take an entry on an fvg combined with a breaker. An fvg is a 3 candle formation that has formed immediatly after a draw on liquidity.
The overlap between the breaker and the fvg is our point of interest to take an entry. In addition, a bearish orderblock has also been formed, which will serve as a last line of defence for our stop loss placement.
As an extra confluence to the above strategy, at least one of the conditions below must be present as well (not all of them are required, one is sufficient enough).
1. MACD signal must be bearish for a short, or bullish for a long
2. MACD bullish divergence for a long, or macd bearish divergence for a short
3. Hull Suite green colored and price above the ribbon for a long, or Hull Suite red colored and price below the ribbon for a short.
4. RSI over bought for a short, or rsi oversold for a long
5. RSI bullish divergence for a long, or RSI bearish divergence for a short
6. Fibonacci golden pocket
NATGAS Long- Used SFP & Breaker Order Block, with confluence SFP at the Monday low on 12H, 4H, and 1H
- MSB to the upside on the 30m buying retest of Breaker Order Block
- TP1 will be Monday's high, will reassess there but there's a possibility of filling the gap at ~2.93 and could hit 1D FVG at ~3.05
Bearish Weekly Sentiment for DOWAfter range bound weeks of trading and a news heavy week from Wed-Thu, I'm expecting a rise in price to meet and Orderblock/ Break Block, FVG, and OTE confluence before selling off towards weekly low targets. High of the week can typically be expected around Tues-Wed so I'll be looking for bullish setups to start the week and increased volatility to take us to the order block before a sharp or explosive sell off from Core PCE and such. Curious to what setups or ideas you guys have. First time publicly marking up. I'm very fond of liquidity found from Friday's price action that left a magnitude of trend line liquidity and unprotected lows in the market. I would like to see Sunday open down and Tuesday start the movement higher. CBOT_MINI:YM1!
EURUSD LONG, NFP TradeHello Everyone,
This is my opinion on the Upcoming NFP, i strictly recommend to sit this one out. Price has given no opportunity for sellers to stay in this rally since on wednesday price took out everyone with the news, who were short since monday start of the week. Expecting nfp to deliver higher prices after running sellside liquidity
USDCAD ShortPrior to the news in a short while, this price action in usdcad is showing high probability of price reversing here. Currently it has taken the Buyside liquidity of the previous day at a standard deviation of 2 from the cbdr, and has shifted bearish on the 15m TF and LTF .
Daily price is exactly at a bearish Orderblock. Expecting to see price move from internal to external liquidity now.
Potential Bearish Setup in GU as week unfoldsI've been anticipating a bearish ICT breaker setup in GU and EU if the DXY gives more bullish price action. I still hold a bearish bias in foreign currency since the DXY has continued to show bullish over the past few months. The only thing that would change my bearish foreign currency outlook is if the DXY provides clear and substantial bearish movement. Which to me would mean aggressive moves lower from the DXY and clear bullish setups in foreign currency.
GBPUSD ShortLooking at a potential GBPUSD short today. News comes in at 10:00am, so we will be waiting until around that time for larger entries, but the DXY looks like it may attack the old 2002 fair value gap, which would likely cause correlated foreign currency to attack recent lows. I like GU most today since it has already formed ICT's Breaker on the 15m chart and has taken buyside liquidity earlier this morning.
We'll see how things go, stay tuned and stay blessed.