Potential Butterfly!NAS100 - Is about to hit a daily OB, I feel price will reject to the B point or a little lower, creating a liquidity trap to then fill the imbalance before heading up to mitigate the higher and stronger OB before reversing!
I May potentially take all 3 trades if price action confirms it!
Whats your thoughts?
Liquiditypool
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 Deep CrabGBPNZD - Potential Daily Crab, D leg lands in the daily demand zone, clears an imbalance and taps a refined OB (This is my ideal entry for a buy, highest probably, lowest DD trade)
However price may just clear the daily imbalance (1.93043 level) and then reverse!
Will be watching PA as it reaches this level. First level ill take a swing with LTF confirmation at the first if price bounces, and if price comes to mitigate the second level ill add a second order.
Whats your thoughts?
TRADE ENTRY AND OVERVIEW (AN UPDATE ON GBPNZD)Here is a quick update on this pair #gbpnzd
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Potential Bat PatternGBPNZD - Potential Bat Pattern, I want to see price hit the zone after taking out liquidity, then ill be looking for reversal patterns to take the potential continuation short!
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?
Potential Deep CrabUS30 - Potential Deep Crab, following on from my other shark analysis (Which was correct) Check the history, i've found this crab forming, If price retests and rejects the Asia high on the OB I will look to short this down to the previous weekly low (Blue dotted line) Then gaugue PA once it reaches this target, I would be looking for rejections before potential BOS to the downside.
GOLD Demand ZonesFor XU Bearish trend is still valid until 1787 is Broken neither nor less i am still selling up until nearest untested Demand zones
Potential Butterfly USDJPY - HTF Bias is Bullish, however Ill be scalping retracements and taking this long if price drops back towards the C point.
Has nice confluence down there & takes out the liquidity and covers the imbalances!
Whats your thoughts?
Potential Crab Forming GBPNZD - Potential Crab, Price is trending up on the HTF and I'm hoping for price to return to the 1.95993 level to fill a previous imbalance and then reverse from an OB to continue the HTF trend bias.
The previous reaction close to this level is very strong and we have a lot of confluence, a bounce is probable.
Whats your thoughts?
Potential Bat Forming GBPUSD Potential Bat,
I'm currently scalping this long but waiting for PA to break to the upside and complete the pattern, theres a nice confluence of events here also at the D point, it's 100% an area to set an alert for!
Whats your thoughts?
Trade Complete, Now Potential Crab Todays trade completed, beautiful, no DD 120 Pips, i've taken profits due to hitting some liquidity, price may get choppy and its probably not worth holding so im going to wait for the price to hit my Buy zone (D point of the crab)
This fills a nice imbalance, moves nicely with PA and lands nicely on an OB! Mark this level up for an alert on your charts!
Potential Shark! 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?
Potential Crab GBPNZD - Potential Crab pattern, price has broken structure to the upside and taken out the last liquidity zone before a large imbalance. The crab finishes on the OB that caused the imbalance, I can see a strong reversal from this zone if price reaches.
Shark Almost Complete GBPUSD - Is looking like it's going to take out the liquidity below the X point which also completes a shark pattern & fills an imbalance, very nice looking zone to buy.
Potential Butterfly! Silver - I'm waiting for a 4th wick to the high to take out liquidity then a break down to the low (Which I will scalp) to complete the potential butterfly which lands on a nice OB, I will then look to take Silver long!
Whats your thoughts?
Potential ButterflyUS30 Price has taken out previous liquidity, I'm looking for a retracement to clear some of the imbalance before continuation to make new highs up to the D point of the butterfly!
What's your thoughts?
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).
Ramblings of a Chart reader - Liquidity and Trade ModelsAs mentioned in the video, it is important to have a quick look at the weekly chart as it often gives clues on the potential direction for the up and coming week. At least this is how I see it. I discuss the concept of compression and how it offers some nice clues as well.
Credit to influences: ICT and RTM.
#EURGBP# 1:7 RRR BUY TRADE SETUP I am looking for EURGBP 1:7RRR buy trade setup continuation uptrend
#GBP USD# 1:6 RRR ALMOST NEAR TO TARGET1:6 RRR sniper entry almost target on gbpusd short.perfect liquidation.
