Orderblock
Gold High Probability Swing Weekly SetupHello, Traders as you can see we broke a swing high.
Then we created a swing low.
When a swing high is broken the algorithm wants
To seek higher prices.
In order to do so they have to create a swing low to get in trend.
Remember the algorithm buys in down candles not up.
XAUUSD Daily ChartHello, Traders as you can see price respected the orderblock at 1850 and rallied down to 1800. I was expecting fomc to be more volatile and for gold to rally up from 1820. However, that wasn't the case. As gold is entering a discount market Im waiting for gold to drop down into the Bullish orderblock and ideally be buying at 1880 which is a algorithmic level. We know the algorithm seeks the 20-50-80-00 numbers. I wish you good luck and good trading.
DXY Weekly Draw on Liquidity Hello, Traders
Im expecting bearishness on the dollar next week.
I want to see DXY give a strong reaction off the Weekly Orderblock.
Ideally, since Im bearish on DXY I want to see price above Sunday's opening price on Monday which would be Premium.
We know banks sell in a Premium.
Why would they be selling at a lower price(discount).
It makes sense that they sell at higher prices.
I wish you good luck and good trading.
GBPJPY ON THE RISE Hello traders, here we can see GBPJPY that broke structure to the downside and got stopped at our bullish orderblock on the daily chart. current made a correction to the upside breaking current structure, just waiting to break through this trendline and we will be looking to take long positions. Good luck and Happy Trading Everyone !
GBPUSD BULLISH ACTION POSSIBLETraders as we can see GBPUSD has hit a trendline break and retested right down to our daily bullish order block zone, we could see it drop lower into the next area and this could be a false breakout but for now we will be looking for confirmation to enter long positions. Good luck and Happy Trading Everyone!
CHFJPY - Multitimeframe AnalysisCJ is looking good for shorts. We have multiple confluences for it as explained in the video.
Summary:
Monthly Timeframe:
- Price has just run up higher filled in a Fair Value Gap perfectly. It seems to be reversing from here.
Weekly Timeframe:
- We have an unmitigated Orderblock. Since this orderblock was a "Sell to Buy", means that the selling positions from Smart Money are currently in extreme minus positions, and they will want to reprice lower to mitigate out of their minus positions.
Daily Timeframe:
- We are creating SMT Divergence with its correlated pair - EURJPY. This means that CHFJPY went higher to run out the buy stops and made higher highs, will EJ is creating lower highs. CJ will most likely distribute to then run lower.
- Price has just reacted off a Daily Bearish Breaker Block, which should push price lower.
- Huge Imbalance FVG Gap. Price will come back to fill it as fast as possible.
- Massive Consolidation. Below these consolidations, there are lots of sell stops that will get taken out.
H2 Timeframe:
- Potential Sell POI. Valid Orderblock + Breaker that also caused the last low to get broken to the downside (Break in Market Structure - BMS).
- We have a Bearish Trendline that has three beautiful touches. Everyone that already is in Shorts from the trendline will get liquidated at the next mitigation of the Trendline up into the OB + Breaker and sell off further from there.
US30 - Where is the next buy zone after we fall?Technical Overview: - Dow Jones
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
XAU/USD: SELL
Although price is bullish overall (confirmed on higher time frames). I have seen a bullish order block (on daily timeframe) break multiple previous highs.
I expect price to fill the imbalance left behind, revisiting the last bearish candle before the order block
I am planning to sell price down to 1818.71 but will be waiting for a reversal on the 15min timeframe (and a break of structure) confirming downwards move) .
TRADE ENTRY
ENTRY PRICE: pending...
STOP LOSS: pending...
TAKE PROFIT: pending...
ALWAYS REMEMBER TO MANAGE RISK
GeeFX
EURUSDLast weeks PA as forecasted came back to the daily order block that caused an internal BoH
But we are yet to see a impulse away from this
The bearish impulse back towards the OB left some nice LTF zones.
Stepping back and looking at the markets from a fresh view I am now seeing some trend line
liquidity bellow this current OB. which could be something to be aware of.