Liquiditypool
KIWI OUTLOOKI believe price will gravitate upwards, towards the buyside liquidity resting above the equal highs shown on the chart.
There should be further confluence on this idea, if the DXY continues to move lower.
GOLD BULLISH RUN TO MAJOR SUPPLY ZONEPrice just left the major demand zone formed by the breakage of the major demand zone. The first time it came to the area it broke back into the downside of the supply zone but did not stay there. That was a liquidity pool. It then made a bullish impulse before coming back into the supply zone to "fetch" more buyers. The bullish engulfing pattern (H1) and pin bar (Daily) show me enough conviction from major traders to see gold moving to at least it's highest price yet. For confirmation of a shift in order flow, I suggest you check your reliable order flow data on gold and see if there is an increase. This is an indicator of conviction behind a move and helps decide whether there will be a rally in that direction.
What I want to see now is a break and retest of the minor supply zone (H1). Gold has a tendency of not showing retests on minor zones on higher time frames so for confirmation of a retest you can go as low as M15. But an H1 candle should break and close above the supply zone. For a higher probability trade, we should see, if we are lucky enough, price breaking and moving away from the H1 supply zone , staying up for a few hours then coming back to retest the area . A clean retest will b mean smart money has bough enough shares from dumb sellers who are looking for price to drop.
This trade idea will be negated by a quick break above the H1 supply zone and a quick break back into the supply zone. This move is a fakeout and is a hunt for liquidity by large players. This will see price rallying down to at least it's most recent low where we should see more buyers coming into the market buying from sellers who sold the break back into the major demand zone. Our most recent major low is in an area of sensitivity and is indicative of a presence of liquidity. A tap and rejection of that area might see Gold moving toward the hyped $2400 level.
DISCLAIMER
Trading currencies (or any other financial market) involves substantial risk, and there is always the potential for loss. Your trading results may vary. No representation is being made that any associated advice or training will guarantee profits, or not result in losses from trading. YOU MAY LOSE YOUR MONEY AND THAT WILL NOT BE MY PROBLEM. THIS IS JUST AN IDEA NOT FINANCIAL ADVICE.
LIQUIDITY IS BELOW - 25x leverage liqs below 12k (buy the dip)Good eveing -Yurlo
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Considering we've broken the 12075 prior resistance - we've seen quite the pump today just after the weekend but now that everyone is long and screaming for "moon" that's exactly what isn't going to happen...YET.
The liquidity below us is crucial and essential for the 2020 BTC bull run to have full strength..
After all, it's just structural integrity & proper pattern format (we need at least one touch one a body for a bounce to pass 12.5k - bulls are exhausted)
50x Leverage LIQ pool: 12185
25x Leverage LIQ pool: 11945
(I've got limit orders just below 12k - hoping for a bounce)
Conclusion: I think we see a long squeeze to the downside before 13.3-13.8k can happen and trigger the worlds greatest bull run off all time.
Bitcoin & Alts will make history this decade.
By 2030 digital currency (BTC, ETH, crypto) will be one of the top methods of payment & will be wanted all over the world.
Enjoy the rest of your day.
Set alerts, and stick to your trading plan.
GBPCAD ThesisPrice has come to an institutional level of demand which it has reacted from. A lot of breakout traders on the lower time frames are selling right now therefore price may trap them and go long to target Liquidity Pools to the upside where I may look to take profit.
Good luck!
-This is a speculative setup, not investment advice.
OIL Setup (Already activated)Made a retracement back down to the previous structure high and yes, we have entered an accumulation range. Should get a few more test of the lows near my entry before we attack the highs.
CHF JPYTrigger happy traders have been trapped into buying CHFJPY and they are hopping it goes up.BUT HOPE IS NEVER A GOOD IDEA IN THE MARKET PLACE, CHF JPY is destined to drop for this whole week.
Potential Breakout to the downside on EUROEURUSD has been consolidating in around the same area. The EU financial woes during this pandemic will potential trigger a downside. Waiting for a breakout before we enter the trade. EURUSD peg is very likely before the end of this year
AUD/USD kiwi short OANDA:AUDUSD
still looking at a short for aussie , temporary bullish retracement
- price sitting on a propulsion block
- claimed h4 sell side liquidity
- price should reject off -ob and continue the trend
- entry/reentry around mid figure 0.69000
US30 SUPPLY AND DEMAND ORDER BLOCKS (UPDATE!!) Another 2 zones hit, retest of order block expansion price followed by a smooth move up in price to the next key liquidity line outlined.
GBPCAD trade idea for LondonGBPCAD is showing strong bullish movements after hitting off of a weekly bullish order block. Im looking for the market to drop about 30 pips around the daily oder block entries, depending on what EURGBP does during London open. That will be my main indicator on if GBPCAD will be a buy or not. Also I see the buy side liquidity pool has been created over time with the triple top. It's just a matter of time before it gets violated and we make a bull run, although I wouldn't really hold on to buys for too long on GBP pairs.
US30 SUPPLY AND DEMAND ORDER BLOCKSOur order blocks for the US30 WALL ST Index are working perfectly! Are you short or long?
EURAUD Overview UpdateA quick update from the previous markup on this pair, we had a 113 rally of the shark D leg whick was initially a 88.6. This was quite expected though as we has liquidity right below and has been taken out now. we have a baby shark pattern approaching at CMP and expecting a drop base Rally kindof move to form. The baby shark pattern will be reviewed on a lower tf and would be dropped in the comment section below.
feel free to coment below...
DXY OVERVIEWOn the dollar index we can see a beautiful bullish butterfly pattern just completed an we expecting a rally to occur for the week ahead. This also congruent perfectly with liquidity pool being taken out.
EURUSD OVERVIEWEurusd looking pretty much read for a drop, price approaching D legs of the bearish shark and deep crab which alighs perfectly with a supply base from history and as well liquidity pool being taken out. Here's my point of view, let me know what you think in the comment session.
GOLD MARKET OVERVIEWGold finally gets to major POI at PRZ of butterfly pattern completion after about 4 weeks of anticipation. looking at short entries at the zone.
USDCHF Equilibrium| Structural Resistance| Declining Volume Today’s Technical Analysis – USDCHF- trading in equilibrium where a break is imminent
Points to consider,
- Structural resistance (bearish retest)
- Declining volume
- Apex
- RSI at 50
A break in USDCHF will be imminent as price continues to reach its apex. The support and resistance lines will converge leading into a break in structure.
The structural resistance is a key level, a bearish retest will allow for a valid short. It is important to monitor how price action forms at the level as weakness will indicate a possible liquidity grab.
Volume is clearly declining, which is an indication of a true equilibrium. A breakout needs to be backed with increasing volume; this will decrease the probability of a false breakout.
Overall, in my opinion, if USDCHF breaks bullish, its immediate target will be structural resistance. If price action shows weakness and confirms a bearish retest, lower level will then be likely.
What are your thoughts?
Please leave a like and comment,
And remember,
“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore
EURUSD - Long Wait for a sweep of the lows to take out stops before a run on previous days ATH
Order set 3 pips above the order block on the 15m
9 pip risk v 118 reward
Telsa Sell LimitI see Telsa grabbing buyers off the (resistance/floor) that was presented to them all the way to the 3H OB before selling to clear the liquidity at the bottom below the resistance.
