This pair has clearly indicated to us that it is now in a bearish trend, we can see the bearish impulse that came into the market on the left, and now its followed by this big correction to the upside, when price reaches where sellers initially moved the market down, it is highly likely that price will drop from that level again, lets wait and see.
Heres a trade where I saw liquidity being swept and then followed by a change of character, price then retraced, also sweeping liquidity and we can see that bears are currently running this money, entry, SL and TP given to VIP
Hi trader here is 1 of the trades we are looking to enter this week with premium/vip members, with the CPI, GDP, and ECB news coming up, we trying to stay a little away from the too volatile pairs and protect our capital
Hi traders here we have a setup that looks promising for the week, we will only take the buys with the VIP members because it will be an impulsive wave, but here is a free setup for the week.
For this pair Im seeing 2 scenarios, of where price could possibly turn, it can go further upalso to sweep the liquidity on top, so dont rush to sell when it reaches the highs
This is the setup we are currently looking a waiting for with VIP members, we are targeting this OB because it is at a discount area, and there is still liquidity to be take out before trend resumes downwards. Lets see
A similiar trade to the GBPJPY told VIP members to set sell limit on the 79% and sl above the OB as it met the all the conditions of the strategy we are trading be careful before you enter and have an entry and exit strategy
This pair made it onto my watchlist to give the VIP members for the week, there are a few confluences identified, and an entry and stop loss was given wit the take profit, we might hold longer when a certain level is broken
One of the opportunities spotted during the weekend, when I saw the huge sell out I waited for price to come back to this order block that broke structure, I almost sold at the premium supply but I saw there was still imbalance and an OB so I waited for this moment now
You can drill down to a smaller time frame to join in on the sell, Im not expecting it to break that low because the 4hour is giving that its bullish, so for now we can anticipate a sell retracement.
Today is NFP and USDCHF price has come to tell us the good news of where NFP result will be going today, so we have an upper hand, please use risk management as you pursue this sentiment and be careful of wicks
Earlier, I posted abuy limit but time is now here and GOLD is expected to be bullish, whether it will go down first is another story, signals have been shared VIP for NFP and we will see how it goes
Even though we are looking for bullish scenarios, this is not the level to enter because on lower time frames, we have a choch going down so we want that leg to finish first, this is also a BOS that we see on 4 hours and normally GOLD retraces to 50% if its BOS so we will wait for signals when it gets to these levels
This is a textbook setup, we saw liquidity being swept, then we saw smart money coming in and changing character, then we saw a retracement and price is rejecting at an OB now
This order was sent to VIP and we set a sell limit at the premium zone and forgot about it, yesterday the order got activated and at the touch of the 79% fib level and started moving down, this is also a textbook setup, we will now target the low and move to break even at a certain time while the trade is moving and as you can see the stop loss is very small
Im strongly looking for sells for the GOLD mainly because its no longer making highs, so perhaps if we can close below the line it will be a decent opportunity to look for sells.
For this pair we are looking for something like this, we nicely broke the structure downwards, after a liquidity sweep, when price when down quickly it left an imbalance, showing us its coming back to that level and that is where we will sell from and make a profit
We can wait for this opportunity to manifest, we will not sell from here because we see price left liquidity that still needs to be swept out, so we will wait for price at a premium supply to enter aggressively and target the first low which also happens to be liquidity