bobphamm

bobphamm

Happy Monday traders :) On Monday, I observed that the Tokyo (Asian session) failed to take out previous day's high and failed to fill in a daily FVG on EU, leaving a lot of sell-side liquidity yet to be taken .. The buyside liquidity I marked was taken out during the American session. For the following week, I expect a continuation/doji on Tuesday, followed by...

bobphamm

Happy sunday traders, For next week (14.10 - 18.10), I'm still bearish on price, fundamentally USD has been getting stronger due to uncertainty of the conflict happening in the Middle East. Technically , price has been respecting a 4H FVG and in equilibrium and I'm expecting price to continue lower into a 1H Orderblock. If price breaks through this...

bobphamm

Happy Sunday, Traders! On the hourly TF, price created a massive bearish imbalance in the market due to NFP news, I see this as an overreaction by the market. Thus, I expect price to retrace into the news candle, which is a potential long opportunity , if we break structure on lower timeframes. However, on the Orderblock marked, I expect price to retrace...

bobphamm

I see it going higher before taking out those lows :)

bobphamm

Happy Saturday! I saw price reverse off the 1.11970 - 1.12140 orderblock. I think the FVG below would most likely fail and then price reverses bearish.

bobphamm

According to my analysis, I see price tapping into the 1.1195 - 1.12150 orderblock and heading down to take out yesterday's low (1.1120). I'd like to see price CLOSE BELOW the hourly BPR, tap into it again in a lower TF, and head down. OANDA:EURUSD

bobphamm

OANDA:EURUSD Happy Sunday, Traders! I see bullish potential for EUR/USD as the Federal Reserve's rate cuts put downward pressure on the USD. From a technical perspective, I anticipate a retracement into the Bullish Order Block , for further upward momentum. That said, we must remain cautious as the market may seek to sweep Sell-side Liquidity, after ...

bobphamm

OANDA:GBPUSD As the new week unfolds, market uncertainty ahead of potential interest rate cuts, GBP/USD could go in either direction on Monday. Bullish Scenario: The price revisits the IVFG, respecting it once more before disregarding the marked BPR and continuing its upward trajectory, rallying to take out sell-side liquidity. Bearish Scenario: The price...

bobphamm

OANDA:GBPUSD As the new week unfolds, market uncertainty ahead of potential interest rate cuts, GBP/USD could go in either direction on Monday. Bullish Scenario: The price revisits the IVFG, respecting it once more before disregarding the marked BPR and continuing its upward trajectory, rallying to take out sell-side liquidity. Bearish Scenario: The price...

bobphamm

OANDA:XAUUSD Gold appears likely to experience a bearish move in the short term before potentially rebounding, influenced by key psychological levels and bearish market sentiment. The current downtrend could see price action test the following levels: 2573-2568 : The hourly fair value gap (FVG), where short-term bearish pressure may continue. --- ...

bobphamm

Price broke through a major orderblock. According to psychological levels, gold's next move is the 2540-2545 price range. BULLISH!

bobphamm

Upon further review, it appears gold is set to dip before making its next move up . After breaking below the 2491-2494 order block , it's likely gold will tap into the 1H imbalance, which could drive prices lower before a potential reversal. While some consolidation might occur, the short-term outlook suggests a move down toward the 2470 level before any bullish...

bobphamm

Please watch out for the manipulation in this marco and DO NOT be fooled to go long. Gold already broke the 2491-2494 orderblock, the only place it is heading is lower to fill the 2473 orderblock again. BEARISH!!

bobphamm

Upon further review, it appears I was initially mistaken in my bullish outlook. Gold is expected to tap into the 2519 bearish order block , which will likely trigger a reversal during the London session, potentially driving prices lower, all the way to 2502 . However, I still think we could see some consolidation ahead of upcoming news, but the overall very ...

bobphamm

#XAUUSD Based on my analysis and market conditions currently, gold is expected to approach my identified IVFG and may continue its upward momentum only during the London session, potentially targeting the 2523 level . We could see some consolidation ahead of upcoming news which may cause a brief pullback. However, in the short term, the overall outlook for...