elijahpips

elijahpips Updated 

So on this trade what I see is the market right now has taken out the wicks. Now price is going to head down during London to create a low and have a setup of a bullish order block for New York to push up and take out some LQ.

elijahpips Updated 

My first trade was a paper trade to see what happened it just shows if you impatient then you get stopped out however now we have order block that has been hit. Monday Tuesday and Wednesday and good time to buy.

elijahpips

I been waiting for this setup to happen and it did. Price created a low for London session to take out stops below the line. So now we need to head up and take out the highs. Possibly continue higher since we are bullish on higher time frames.

elijahpips

Waiting for price to touch those levels and then get in short price might wick above just a little bit and that's when I will be looking to get into a premium market. Pure price action no indicators.

elijahpips

Okay so retail traders are seeing this as a pattern to go down which is a bearish flag. However as you seen markets have took out the buyers above and sellers below and now its going to make its way up since it has galleried all of the LQ to head higher and test that order block up top. Feedback in the comments.

elijahpips

Beautiful trade. Pure price action. Let me know if you guys have any questions still learning. Thanks also give some feedback in the comments.

elijahpips

Make sure to follow me on my journey. Still learning and only going up from here.

elijahpips

From what I have learned from last week. As a retail trader they see this as a sell. However for me as a price action trader. I notice price has made a turtle soup and is at a discount market. Price likes to move from premium to discount to fair value and thats what I am seeing here. Price wants to go up to that fair value