I see a developing accumulation...price has already taken out the high and collected the liquidity below...the liquidity now lies above so am expecting a move to the high and we might break it...just my view.
Redistribution happens...then price takes out weak shorts before diving down creating an imbalance. We could see a move back to fill the liquidity void as the OB marked above gets mitigated...then a potential continuation to the downside. Just an idea and not financial advice.
I see Wyckoff accumulation forming...There is a lot liquidity lying above which gold might look to collect before coming down for a spring, collect the liquidity below then head for the sky...This is just an idea based on price action and not financial advice.
I notice a manipulate area...where I see a liquidity raid followed by a BOS to the upside thus an opportunity for a short term buy...Not financial advice though
Gold may be looking to collect all the liquidity lying beneath the equals lows before a rally. There is also a possible trendline retest at the same level.
Gold is in a corrective move to the downside...am expecting bearish moves to collect the liquidity lying below before a major buy...price may collect the liquidity on the 15 min highlighted zone before continuing to the downside.
USDCAD showed strength from the recent uptrend...my thinking is that the downtrend is to retest the demand zone below as we prepare for a major uptrend.
Am expecting a reaction in the area marked above based on my reading of the order flow. There is also a confluence of 4h 200 SMA
Am expecting a reaction from the supply zone above, which is in confluence with 4H 200MA
though Bitcoin is bearish am expecting a reaction in the marked area but I will wait for confirmation.
I break of structure to the downside...Based on my reading on order flow we might see a move to the down side. Am watching the order block that broke structure to the downside
I see inducement liquidity above my identified order block which is usually my confirmation together a break of structure below. The OB is also in confluence with 4h 200 SMA. Good luck!
price grabbed on all liquidity on the downside then made a very strong move going up...My target is the 50% of the FU candle that grabbed liquidity before the run to the upside
I see liquidity lying below which might be a target, so price might go lower but it could first clear the liquidity above on the 1H chart just below my POI. Good luck.