Jordyz9

Jordyz9

Price has Sweeped out 4hr sell side liquidity and shifted market structure in the LTF . Very probable that price plays into the premium OB at 2400 before filling some of the bearish move from the previous week

Jordyz9

Price has Sweeped out 4hr sell side liquidity and shifted market structure in the LTF . Very probable that price plays into the premium OB at 2400 before filling some of the bearish move from the previous week

Jordyz9

My Oil forecast for 17/10/2023 Possible oil Short idea to the downside. idea based on the confluences annotated on the chart

Jordyz9

I believe price will come back to To fill imbalance before it continues to the downside to fill that massive inefficiency in price before A clear definite bias can be determined.

Jordyz9

Possible bullish idea based on confluences visible on chart .

Jordyz9

based on this 4h trend line and the behaviour of price pound usd may go short as price has filled 50% of the inefficiency which also happens to align with the 50MA . i believe we could see price drop to the 157.400 order block and further targets being 155.870 near the beginning of the next trading week .

Jordyz9

Trade idea based on Market Structure and key levels

Jordyz9 Updated 

Retest of 165 level on the 4hr for continuation of bearish trend to targets of 163 and later 159 with possible stops above previous lower high .