Liquiditypool
GBPUSD all time low?With the Brexit deal being put into doubt and the big bullish movement we've seen in the last week, i'm looking for GBP based pairs to fall big time for atleast a retracement before heading back to the upside. With analysis and liqidity to clear and imbalances to fill however, this move may just play out in the long term creating all time lows for GBP based pairs.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
GBPNZDWith the Brexit deal being put into doubt and the big bullish movement we've seen in the last week, i'm looking for GBP based pairs to fall big time for atleast a retracement before heading back to the upside. With analysis and liqidity to clear and imbalances to fill however, this move may just play out in the long term creating all time lows for GBP based pairs.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
XAUUSD - GOLDWe've had the accumulation Wyckoff phase happening for the last 2 weeks for a push to the upside. With mitigation currently happening meeting our reversal 71.8 Fibonacci level, my bias is currently to the downside with my sell limit being met. I won't be surprised if this pushes higher to the price points of 1527 however to fill the huge imbalances we have at those levels.
EURGBP highest it's ever been?As EURGBP usually does the opposite to GBP based pairs, I am looking for a bullish move to the upside for the EUR. Currently sitting at a institutional level to play from and I'll be hoping for some consolidation here to give positive signs for the up move.
PATIENCE - CONFIRMATION - ENTRY - PROFIT
EUR/GBP daily buyback to imbalancePrice reached 0.86000 whole institutional level which surprisingly matched the level of imbalance. Expecting a pullback upwards at least to 0.89000 imbalance and the middle of institutional candle. We missed an aggresive limit order entry, but lets find some entries on lower time frames. GOOD LUCK. Potential 250pips
Swing trade on EUR/AUD. Playing with liquidity poolsAn intresting range between 1.62000 to 1.63700 has formed on EUR/AUD 1H chart. Buyside and sellside liquidity pools have been created(equal lows, equal highs). Sellers have already been taken out, now its buyers turn :) I identified a set-up, now we wait for a retracement to 62%-71% fib level, half of the order(sell limit) rests on 62% fib/the middle point of that huge institutional candle on October 17 3 o'cklock (UTC +3), the other half leave for entering on 71% fib or even higher if we get a larger retracement.
XAUUSD - GOLDWe have been in the Wyckoff distribution event phases for the last week.
The current move to the downside is looking like a fake out to me (I hope) to make 1 more move to the upside as I am hoping for the UTAD move to be met which should finally see our big sell off to the downside which also fills ineffecient imbalance and also has the opportunity to close the open order above.
As always..... PATIENCE - CONFIRMATION - ENTRY - PROFIT
EURGBPI see set ups for GBP based pairs to rise within the next couple of days which gave me the indication EURGBP should fall as the reverse. Open order above to close out and I've had my eyes on an open order from the 3rd May 2019 below which also needs to be closed out at some point.
These 2 levels are now my levels to play between to close out both taking out liqidity at the same time with the fibonacci extensions also lining up perfectly.
PATIENCE - CONFIRMATION - ENTRY - PROFIT