Sellsideliquidity
(NZD/USD) Potential Long Term Move Down V2An alternative situation - we have a very well-respected Trendline that has a high chance of getting manipulated. The green area marked above also has a lot of orders laying above so we could see those highs get taken out as well as mitigate a bit more of that Orderblock
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(From my previous post)
This is a Daily Timeframe perspective.
The Market has just tested a strong Bearish Ordeblockwhich is supposed to hold the market down. We also made a deceleration, going from a bullish market which is now a bearish market.
The black lines that are drawn on the chart, is Sell Side Liquidity which are attractive targets where the majority of Orders lay in the market,
The yellow areas are imbalances, where the market has moved too fast, creating inefficiency, so the market should fill a lot of these yellow areas. Another attractive area which the market wants to mitigate.
The blue area marked up all the way down is a bullish Orderblock, which could be a potential reaction point.
I don't know how far the market will drop, but I do expect a lot of these areas to get filled.
(NZD/USD) Potential Long Term Move Down V1This is a Daily Timeframe perspective.
The Market has just tested a strong Bearish Ordeblockwhich is supposed to hold the market down. We also made a deceleration, going from a bullish market which is now a bearish market.
The black lines that are drawn on the chart, is Sell Side Liquidity which are attractive targets where the majority of Orders lay in the market,
The yellow areas are imbalances, where the market has moved too fast, creating inefficiency, so the market should fill a lot of these yellow areas. Another attractive area which the market wants to mitigate.
The blue area marked up all the way down is a bullish Orderblock, which could be a potential reaction point.
I don't know how far the market will drop, but I do expect a lot of these areas to get filled.
USDJPY Short Opportunity, 1:5 and 1:15 availableGood morning ladies & gents,
On the D1, H4, H1, M15 chart, the orderflow is bearish. Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place.
When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area.
Should price trade through this, there's another entry opportunity @ 108.800 with a stop above 108.860 (6 pips)
Let's see what happens.
Always remember to trade what you see, not what you think.
Be rigid in your rules but flexible with your expectations.
Good luck!
- AmplaFX