Price has cleared the sell side liquidity and broken structure to the upside. That rally has caused an imbalance in the market We can see a change in structure at price level 1670 for price to fill the Imbalances towards 1631. This is opportunity to sell down to 1631 then potentially look for buy setups once price has reached the demand zone at 1631/1620
Price has shown a break in structure Point of interest for me was at 0.64800 where price filled the IMB (Imbalance) after breaking structure (BOS) At price level 0.62400 there was an imbalance that was not filled and a strong demand/liquidity sits within this price range. We could potentially see price reach the 0.62400 region. TP Should be trailed with SL secured
Pair: NASDAQ (US100) Bias: Short Price has reached a level of resistance and shown rejection at 13700. On the 4hr there is an imbalance below at the 13550 level. A short from 13700 to 13550 would be an awesome trade.
Pair: NASDAQ (US100) Bias: Long Price has retraced to the previous level of support at the 13200 level/zone to complete the inverse head and shoulders pattern. This trade is not taken purely off this pattern but rather based off the amount of liquidity that still lays above at the 13700 level. Therefore i will be buying to the 13700 zone. Price is currently...
NASDAQ (US100) Short to the next level of support at 13250/13200 zone.
Bias: Bullish A break above the current resistance of 1783/1784 zone will see a potential bullish push to the previous resistance 1795.000
Pair: NASDAQ bullish push from 13800 zone. My TP is 13900
Previous analysis: See previous idea posted Bias: Short TP: 13800 Current: Price has reached my target of 13800 to the T. :) Possible buy opportunities coming up.
Pair: US100 Bias: Bearish Previous level of demand (lows) has been broken and turned to resistance on the 2hr and 1hr time frames. Price should continue to go short to the 13800 zone.
Pair: GBPJPY Bias: Bearish This pair has been respecting/rejecting the resistance of 152.000 from April 7 2021. Rejection at this level now could see price go and create a lower low towards the 149.600 zone. Nice swing trade if it plays out towards TP of 149.600