Fvg
NQU2022 Daily TF Analysis. FVG + Order Block EntryOk guys, My name is Ryan, also known as Peezy_FX & this is my first Published Trade idea so I pray it plays out lol
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)
EURUSD ShortI'm looking at a short opportunity if at least a 20 pip retracement occurs to the 5 minute Fair Value Gap for 9AM. If not by then, I will look for a POI at a higher price and wait for confirmation back to the bearish run on the previous day low. I have 2 to 3 targets in mind depending on how the retracement forms, 1st being the previous swing low and second being the previous day low for a 1:3 RR.
xau/usd sell tradeWith plenty of liquidity to downside and huge 4H FVG down below i will be looking for short position on gold... with price peaking at 1795 phycological level price has since been struggle to get back above... DXY has a buy maker model up into the 1H FVG , that in mind sells against the US dollar seems logical.
gold has taken previous daily high so i will be looking for shorts within this region of 1790 but we could see a manipulation of the asia high between now and London open before finding a possible sell entry and targeting 1750 region where the equal lows are, then possibly 1730 region.
happy trading
| ONZO CAPITAL |
Formation of clean bullish Wolfe Waves on BitcoinBullish Wolfe Waves appear on Bitcoin's 1 hour chart. This could be an indicator for short term reversal. Point 5 having a relative increase in trading volume makes me more confident in this setup.
I would be using the 1-hour Fair Value Gaps / Imbalances as areas to take some profits with my last target being the local high marked with a green line. Golden pocket doesn't look that significant as it was visited with a reaction prior but we might see another retracement there or from an area close below it if we decided to dive a bit deeper with point 5.
Bear in mind that FOMC is really close (pun intended!) and an interest hike might mess things up for those longing.
Trade safe.
EURUSD-1D1. Fiber has clear Fair Value Gaps to fill as indicated in my chart.
2. Resistance line drawn & order block converge at the same level of 1.0400
3. Monday will likely to be low of the week & Tuesday will begin bullish expansion
4. Dollar Index is likely to be bearish this week up to 104.30 level which will make Major pairs bullish.
5. Watch out Fundamentals of this week. They will pour liquidity for bullish move