Price broke a major high creating a new one. It left behind a huge unmitigated imbalance and liquidities to be taken. Price is currently on a quest to fill this imbalance, take people's money and trigger our order for buys continuation. Stay active, use proper risk management because the market is not guaranteed to anyone!
Price broke structure to the downside, created imbalance, pulled back and took the money of early impatient sellers. It has tapped us in and we're moving with it to the downside
Gold keeps breaking highs and creating new one. However, it broke a major high around 2726.58, left a huge imbalance and an un-mitigated zone then broke another structure to the upside.
Many impatient buyers will enter on the first order block and will probably get taken out because clearly by looking at it from the daily timeframe, the order block around 2766.94...
GBPAUD was on a bullish trend. It broke a major high leaving an imbalance. Price pulled back into the origin and instead of reacting off it and bouncing back, it broke the origin giving us a change of character. Now that price has shifted to a possible sell, it is on a pullback into the origin that caused the structure shift. We wait for price to trigger us in....
GBPUSD is on a downtrend, it has broken a low, created imbalance and has pulled back to fill up the imbalance and then continue on its original direction. We will wait for price to take out the liquidity and triger us in. Managing risks is one of the biggest strength a trader can have.
