price continuation to the downside(bearish) 12HRS imbalance/IC candle. i will wait for price to get to the zone and enter with my confirmation(distribution)
Price has finally reacted off the 12hrs order block and has moved bearishly leaving institutional candle with imbalance and breaking structure to the downside. The 2hrs order block will be my zone of entry after i see price distribute once it approaches the 2hrs order block.
The recent price action for EURCHF is bearish as price took liquidity and broke structure to the downside leaving imbalance candle. entry is the supply zone (DBD) with stop loss above the zone and target is the 8hrs demand zone.
GBPAUD reaccumulated at a supply zone, showing bullish continuation. 8hrs demand zone was left unmitigated and trendline liquidity, I am waiting for price to get to the zone and show signs of accumulation before taking the trade
Price reacted off the 4hrs order block( supply zone ) and it distributed @ the zone making the short trade more valid. I set my entry at the 50% of the 1hr institutional candle that sponsored the break of structure, my stop loss at the high of the candle. Target will be for price to take out the equal lows and mitigate the order block below the liquidity(equal lows)
USDCAD recent break of structure was bearish on my higher timeframe(12hrs), price left imbalance and unmitigated order block. i am expecting price to fill the imbalance and/or mitigate the order block. we will use lower timeframe confirmation for entry when price gets to my POI.
Price took out buy side liquidity and broke structure to the downside(bearish). trendline liquidity was grabbed and price is headed to fill the imbalance left. when price is at the POI, i will use lower time frame for confirmation entry.
Gold is headed to test the spring of the accumulation (demand zone). If price respects the zone, i will take the trade and my target will be the unmitigated order block ( supply zone)the distribution left behind.
Possible AUDUSD swing trade idea. confirm using your set of entry rules before taking the trade and manage your risk properly.
AUDNZD has traded into a 1D order block that broke structure bearishly and left imbalance. price has also taken out early sellers(equal highs/resistance zone) . The 50% of the order block will be an aggressive entry with stop loss above the order block. Target will be the equal lows and trendline liquidity. Confirmation entry will be on the lower time frame after...
I will take a short trade on CADJPY when i see distribution and a bearish break of structure. You should only take the trade when you see your entry rules met.
EURGBP has accumulated and broken structure bullishly on the 4hrs time frame. I will be waiting for a pullback to the 4hrs order block (demand zone) to make the test of the spring. For my entry, I will want to see a lower time frame (15mins) accumulation at the 4hrs order block and i will take the trade only when there is a bullish break of structure. only take...