Small sell setup using the overall 8hour cycles to give us our reversal level. price is moving slow and has taken liquid from our 1min cycle next stop 1850
GBPAUD Last week we saw a smaller time frame buy cycle with completion... now this means we will either be seeing a new push to the upside, collecting the liquidity on this bigger sell cycle would bring enough invest strength to clear all previous lows... If we see price drop lower first we can then expect that direction to continue, with retrace of the most...
Pretty similar to the EURUSD (CHECK THAT FOR DETAILS) chart, we are overall waiting for the completion of the bigger sell leg....but as always we have to wait and see how price reacts, we saw a perfect move so far so lets see if this continues as we expect..... general price is showing a nice down movement...if retracement has finished we can see new lows very...
XAUUSD After another solid week of gains we have finally seen gold hit its potential reversal level (1900 to 1912) we have been looking for an hourly retrace for over a week now at it simply hasn't come! This is due to the formation of an overall leg that wasn't complete... This larger time frame leg broke our structure at 1875 we could be at the peak of a cycle...
setup ive found based on lower timeframe reversal entry. stop zones will be taken at some stage before a bigger push up! SELL ENTRY: SL at breakeven. 25% profits taken.
From the top down analysis, were seeing liquidity being more readily available on the downside. looking for a lower TF reversal IF price reaches our highlighted zone! WHATS EVERYONES VIEW ON THIS?