EURGBP [LONG] Institutional TradingLooking at the chart, we have seen within the blue box 4 touches of this level. This is filling the retail traders with confidence that a breakout below which is what's just occurred will continue that trend.
Nice long candle this morning clearing the liquidity on buys and now that people are putting on sells they will push the price back up to clear those stops for further liquidity then onto reaching equal highs.
The pink box I've drawn indicates the money they will need to get back at some point so could see this as a long term trade up to that point.
TP#1 is the first green line
TP#2 is the second
Institutional
GOLD LONG TERM BUY IDEA (2k)MY ANALYSIS > SRT , PRICE ACTION , INSTITUTIONAL ORDER BLOCKS AND FIB RETRACEMENT
CURRENT MARKET IS IN A STRONG UPTREND.
GREEN DOWN ARROWS INDICATE POTENTIAL SELL OPPORTUNITIES.
RED UP ARROWS INDICATE POTENTIAL BUY OPPORTUNITIES.
DOUBLE BOTTOM FORMED 1684
POTENTIAL BUY OPPORTUNITIES IN 1740 – 1775 – 1820 - 1880.
INSTITUTIONAL ORDER BLOCK LEVELS - 1688 – 1800 – 1880.
THANK YOU
XAUUSD TRADE IDEAPrice creates liquidity from clearing equal highs at around $1750, following the double bottom formation formed at $1680, which created liquidity from a 450 pip stop run after clearing equal lows from 8th March. Price balanced out the previous imbalanced bearish move to $1680, and a bullish move to the liquidity sitting at around $1750 followed shortly after, as expected. Now I expect the price to retrace back to around $1700 to clear the imbalance created by the last bullish move.
This anticipated direction also supports my bullish bias for DXY, which I expect to retest near the 92.900 level.
TRAP FOR POOR RETAIL TRADERS on AUDNZDPrice has approached the top of a very visible parallel channel as well as a resistance area.
It's dangerous to trade short as big banks, hedge fund, institutions will have the opportunity of a big amount of liquidity that they will use to fill their orders. Basically they might drive the price higher with big capitals, and hit all retail trader's stops.
Be carefull.
EURUSD Harmonic ButterflyEURUSD is retesting a old area of interest before making its way back down to correct these imbalances during NY session, price wicked entry reversal zone . entry is stlll valid now before it drops with full momentum. TP is about 50 pips from harmonic entry zone while SL is about 15
Swing longAs we all know price as been on a overall down trend and price is getting to my key zone where I be watching actively how price is going to react at my key zone am expecting a trend change to the upside soon either next week. This is going to be a swing trade for me and a good risk reward trade cheers traders. Hit the like button 🥂
GBPCAD Harmonic Cypher Looking to catch this downtrend continuation on GBPCAD , if we can see some more movement up and completely form our bearish harmonic cypher looking for sell oppurtunities off rejections in that price reversal zone above 74200 . with 35 or lower pip loss at 74552 above point X. First Take Profit level is 57 or more pips at the standard Harmonic Target around point B 73660 . Use the other key levels of price as potential targets , witha suggested TP2 at harmonic point A (orange level ) . This can possibly sell down another hundred pips to fill in those price imbalances and restore liquidity
EOS may resume it's uptrend to a previous $5.50 highEOS had a virtually uninterrupted rally from $2.50 on January 28th to the high of $5.50 on February 13th. After dropping to a low of $3.17 on February 23rd, EOS made four attempts to rally, achieving 4 sucessive higher highs on March 3, 9, 13, and 20th. Unusually strong up days on March 1, 9, 13, 16, and 26th potentially reveal accumulation patterns by institutional accounts. It pays to follow the money, in my opinion. I don't currently have a position in EOS, but this may change in the future.