Daily Shark Complete & Liquidity Wiped out!GBPYJPY - Daily Shark Completed, looking for a pullback now, price has broken the daily supply zone and just cleaned out a strong OB from February clearing out all liquidity from then until now, I'm waiting for signs of reversal, JPY is also sitting on strong weekly support so I'm expecting JPY currency index to rise.
Whats your thoughts?
Imbalance
US30 Short After Supply Tap!US30, I'm still bullish with US30 because of the amount of trapped liquidity we have here (We might get a small pullback because of this) But we're very close to a supply zone which has lots of confluence for a high probability low risk BIG short trade, price has already cleared out some of the liquidity, but looking left theres still a lot more in this zone which I think price will try take out before reversing from the supply zone.
I have multiple entries lined up, the lowest risk would be the D point of the Crab which lines up perfectly with a refined OB.
Whats your thoughts?
Potential Gartley FormingXAUUSD - Potential Gartley Forming on gold, price is currently facing a little resistance due to a previous strong OB (I just took a quick scalp there) but im waiting now for price to break that small liquidity zone and take me up towards the D point where I will look for stronger reversals/swings. (Also if price breaks above the liquduity zone I will scalp upto the D point)
Whats your thoughts?
US30 SMART MONEY CONCEPTOverall market structure is bearish, we need retracament so after the little up movement searching for sells in the POI, like orderblocks, imbalances, fibonacci ote zones ( 70-79 )
SMART MONEY US100 The US100 is still in a Bearish Market Structure but the price need a little retracement to get some more liquidity and after the targets is still at lower lows
USDJPY - Buy IdeaWe're currently in a discount market where we would like to see the market move away from.
We have Sign of Strength when it took out previous highs, now coming down for a retracement.
We have a Liquidity Void (Imbalance) for the market to move Up to fill.
We have a Strong Orderblock that also took out previous lows, and the Orderblock has not yet been mitigated, making it even stronger.
My Entry is at Equilibrium of the Orderblock.
(Be cautious as we are in Summer Doldrums where markets may move very unpredictably, this trade may fail but it's a valid setup).
Small move up then a drop from 1hr Supply ZoneSo the pair tried to make a short term move up yesterday, hit the 1hr Supply and rejected.
Will continue to monitor the areas and flow with the market