LegendSince

11:32

LegendSince Updated 

Last week was the first week this year to close lower. $3,000 is a huuuge psychological level for gold to reach so it is expected for price action to faulter and present rangebound conditions just below that price. The weekly BISI @ 2817 - 2860 has been respected, with the consequent encroachment holding weight but there is still a chance on the lower timeframes...

08:16

LegendSince Updated 

Massive draw to the upside with EURUSD booking highs @ 1.08890 for this week. This draw to the upside was 100% aligned with my monthly bias which has now been met which means I must keep my powder dry. This does not mean i can't make a few risky plays here and there... Although aware of the bullish nature of price action, I am interested in a minor retracement...

16:32

LegendSince Updated 

Exceptional delivery to the upside this week with GBPUSD disregarding the weekly SIBI outlined @ 1.28340 - 1.27149 as a form or resistance. GBPUSD failed to tag the lower portion of the inverted BISI @ 1.29452 - 1.31100 indicating the possibility of a short term retracement for this week. I am well aware that GBPUSD is presenting more bullish signatures than...

12:35

LegendSince Updated 

When comparing the three pairs; YM, NQ and ES, it is evident that the weekly lows has still not been made, indicating the weakness bears have to push price lower. The mean threshold of the 6th Jan 2025 has been respected, indicating the potential for a short term retracement on the lower time frames back up into 43409 - 43024 weekly previous bullish order...

11:16

LegendSince Updated 

As we have seen a recent delivery through a higher timeframe Sellside liquidity pool @ 20248.75 as well as tagging the weekly bullish order block @ 20011.25 I am not really seeing any signatures on this timeframe to suggest that Nasdaq is bullish at the moment. However, on the lower timeframes, there is a potential for Nasdaq to attack premium PD arrays before...

13:06

LegendSince Updated 

When aiming for low hanging fruits, it is imperative to understand the boundaries that price cannot go to within a certain time period if the bias is going to play out. Ideally, I would want to see Monday to Wednesday's price action to book the highs of the week before declining through the weekly BISI FVG @ 5797.75 - 5752. Sunday gap opening will determine the...

17:29

LegendSince Updated 

It is important to note that although we have recently seen huge decline in the dollar, there is still a possibility for a minor relief rally into the monthly BISI which is now a inverted FVG @ 104.636 - 104.420 which could seek out small movements to the downside for GBPUSD and EURUSD. Fully aware that dollar can continue to present risk on conditions, taking...

09:50

LegendSince Updated 

This weeks delivery has efficiently delivered into a PD array mentioned previous weeks back. Although bullish, the goal was not to predict the weeks close, just anticipate the draw on liquidity. Aiming for low hanging fruits, I am looking at the 115.18 weekly EQ as a possible draw going into next week.

07:13

LegendSince Updated 

Last weeks bias was bearish and although we have closed out bullish this week, the bearish PD array @ 4.126% - 4.104% which I was expecting has materialised. This goes to show that you don't have to predict the weekly close. It's the draw on liquidity that is important.

12:01

LegendSince

Today is the perfect day to study how price reacts to NFP

15:30

LegendSince

NFP week and volatility is through the roof! This episode covers previous biases, expectations on the future draw on liquidity as well as risk management

04:58

LegendSince Updated 

- Although EURUSD has seen a successful bullish delivery this month, it has been more indecisive than GBPUSD as Januarys highs is still in tact - I still got eyes on a longer term draw up to 1.06 - 1.07 but for now, its best to play within the ranges. - Bullish going forward but cautious of lower time frame PD arrays. Not afraid to change my bias.

05:11

LegendSince Updated 

- Successful bullish delivery up to 1.27 - As the dollar weakens, i expect to see further attempts for GBPUSD to attack the 1.27 zone. - Monthly FVG // BISI present long opportunities to as long as dollar continues to see weakness -Expecting bullish price action going into the next couple of months

09:15

LegendSince Updated 

- Below the opening price of the 3-month bullish order block, a monthly BISI @ 104.636 – 105.420 presents itself - Failed to see last months high taken out all whilst trading into the 6-month SIBI. Last months lows has been taken although price closed inside the previous. months range - Studying a draw to February's low @ 106.126 as the 1st point of interest -...

08:07

LegendSince Updated 

- February bearish monthly bias has been achieved this month! - Sellside liquidity rests below 4.126% - The possibility still exists for a short-term bullish retracement filling part of the imbalance this months candle created. - Looking out for a retracement then capitulation through Sellside liquidity @ 4.126% - Fair value gap lays close @ 3.932% – 4.170%...

05:15

LegendSince

- Closed out this month bearish, tickling all time highs but with more uncertainty than ever before. Februarys price range closed inside the previous monthly range - 42605 bullish monthly order block in my scopes - Playing the short term ranges going into March is the best solution as the monthly timeframe is indecisive

05:16

LegendSince

- Feb candle gapped lower, rallied and attacked January’s monthly highs before closing inside of the lower encroachment of Jan’s wick low and close. Indicates weakness - Efficient delivery to the upside means I can rely on the last up-close candles as a PD array to expect price to support it to the upside - Monthly bias closed bearish

07:12

LegendSince

- 5807 monthly bullish order block pending if we see downside movement - 1 month FVG // BISI @ 5669 – 5724 of interest if we are to close below 5807 - Februarys high created new all-time highs but price quickly declined shortly after. Suggests short term weakness- Monthly bias was bearish as ES has closed bearish this month