NOTE: This post is just an analysis, no trade was made. A brief overview of market flow with an example trade placed.
- 1 Hour FVG - Previously respected - Price retested FVG - Entry upon retest, only after confirmation on a lower timeframe. - Target = Sell-Side Liquidity
Textbook London Silver Bullet this morning followed by a Liquidity raid with reversal to take out previous buy-side liquidity. Never a need to overcomplicate things when the fundamentals work.
Weekly = Bearish Daily = Bearish Optimal Trade Entry lined up with a FVG. Price previously traded up into that area, (respecting the OTE), causing a fall. This also shows trend continuation as price is creating Lower Lowers + Lower Highs Price traded up and closed above the OTE zone filling the FVG but retraced back to below the OTE zone while not breaking...
Price traded up into a weekly OTE which was respected and causes a push to the downside. Expecting lower weekly levels to be raided. Another possibility is that price could trade down into the imbalance resting above liquidity. Expect a pullback to the labelled area before sell side continuation. Once price either raids the lower levels of liquidity or respects...
Impulsive move to the downside, looking for an Optimal Trade Entry retracement. Price traded back up into OTE zone (respected), SHORT entry. Looking to hold to around 1.05000 to 1.04800
Simple trade. Liquidity void was created via news, Break of Structure toward the upside, 1min FVG created, price traded back into and respected the FVG, Take profit placed at top of L.V.
Price created a 1 minute Balanced Price Range (BPR). Price retraced back to the BPR and respected it, creating a Fair Value Gap . Price came back to the FVG and respected it which gave a confident indication in continuation toward daily sell-side liquidity.
Aggressive Break of Structure followed by a 5 minute Fair Value Gap retracement + multiple previous retests back to FVG which continue to respect the imbalance. Once price retraced back to the 5 minute FVG there was a rejection which then created a second FVG . Price traded back up into the new FVG respecting the imbalance as both candles closed within....