GBPUSD: Anticipating Bullish Momentum Towards Key ObjectivesGreetings Traders,
Current Market Analysis:
At the moment on GBPUSD, I am anticipating a bullish draw targeting key objectives. The primary focus is on the engineered trendline liquidity, followed by the Daily Fair Value Gap (FVG).
Key Observations:
Trendline Liquidity: The first objective is the engineered trendline liquidity, which is expected to contain a significant amount of buy stops. This area provides an opportunity to either scale out of positions or hold them to reach the next target.
Daily Fair Value Gap (FVG): The second objective is the Daily FVG, which serves as a key area of interest for this bullish draw.
Trading Strategy:
Current Position: I am already in a buy position taken earlier.
Potential Entry Point: There is another potential point of interest for considering long positions, as indicated on the chart above. This aligns with one of my entry models.
NOTE: Please ensure to further investigate this information before making any trading decisions.
NOTE: The possibility of price also taking out the sell stops before continuing higher. All of this needs to be consider in your trading, also the possibility of my bias being wrong. Therefore, further investigate this idea.
Refer :https://www.tradingview.com/x/FUE5vKZd/
Target Levels:
Engineered Trendline Liquidity: The primary target to observe for scaling out or holding positions.
Daily Fair Value Gap (FVG): The secondary target, serving as a significant area for the bullish draw.
Conclusion:
By understanding the current bullish institutional order flow and identifying key liquidity zones, we can effectively anticipate and execute trades on GBPUSD. The engineered trendline liquidity and Daily FVG provide strategic targets, guiding our outlook towards continued bullish momentum.
Happy Trading,
The_Architect
Ict
EUR/USD: will it reach the level of 1.11?EUR/USD stays below 1.0900:
The pair has defended gains in a context of a weak US Dollar (USD), despite risk aversion, which has supported the EUR/USD exchange rate.
Focus on Political and Macroeconomic Data: Attention remains on US political updates and mid-tier economic data from both the EU and the US for fresh trading impetus.
Key Technical Levels
Resistances:
First resistance at 1.0950.
Followed by the March high at 1.0980.
Psychological level at 1.1000.
Supports:
June low at 1.0668.
May low at 1.0650.
2024 annual low at 1.0600.
Fundamental Factors
Factors Affecting the US Dollar:
The USD regained momentum on Thursday, pushing the USD Index (DXY) above the 104.00 level, thanks to a rebound in US yields.
Prospects of Fed rate cuts, with the CME Group's FedWatch Tool indicating a nearly 98% probability of lower rates at the September 18 meeting and another cut expected in December.
Factors Affecting the Euro:
The ECB maintained a dovish stance at Thursday's meeting, with a slight uptick in German 10-year Bund yields.
Christine Lagarde highlighted expectations of a recovery supported by consumption, with a resilient labor market and high domestic inflation.
The ECB projects that the Harmonized Index of Consumer Prices (HICP) will reach the target in the second half of 2025.
Monetary Policy Outlook:
Ongoing debate about how many times the Fed will cut rates this year, despite the current projection of a single cut.
Prospects of Fed rate cuts occasionally support EUR/USD, reducing the gap between the Fed's and the ECB's monetary policies.
Outlook and Prospects
Short-Term Prospects: The trading dynamics for the EUR/USD pair will likely be influenced by upcoming Fed speeches and economic updates from both the US and the Eurozone. The loss of bullish momentum indicated by the 4-hour chart suggests caution, but defending key levels like the 200-SMA and the indicated supports could provide further bullish impetus.
Medium-Long Term Prospects: If the EUR/USD convincingly surpasses the 200-SMA, further gains may be on the horizon. However, failure to do so could lead to a test of lower support levels.
Power of 3 - ICT Concept ExplainedIn this video I cover the topic of Power of 3 or otherwise known was PO3. This concept is also the same as AMD, which is Accumulation, Manipulation, Distribution.
PO3 is the basis in which Smart Money approaches the market. As we have covered before, liquidity is the lifeblood of the market. To maximize efficiency for Smart Money, liquidity is engineered for the purpose of trapping uninformed money on the wrong side of the market and assuming the counter-party to their trades.
At the open of a candle, Smart Money is accumulating positions, usually in some sort of range. The next stage is the manipulation, where price makes a fast run towards liquidity, usually in the opposite direction of where price is intended to go, and then reversing rapidly.
The final stage is distribution, where Smart Money is offloading their positions above or below the marketplace depending on whether it is a buy or sell program.
The whole purpose of understanding this concept is to be able to anticipate the future direction of price, and to ideally buy below or above the open of a candle, again depending on what type of candle it is. I show how I anticipate the PO3 in this video.
- R2F
4 Stages of Price Delivery (ICT Concepts)In this video I go through the 4 stages of price delivery as it pertains to ICT Concepts.
Generally, the market is going through either of the following:
Consolidation
Expansion
Retracement
Reversal
Price starts from a consolidation, where Smart Money accumulates their position, and then an expansion, where price is trending in a direction for the purpose of seeking liquidity and/or manipulating sentiment. From an expansionary phase, price will either retrace to re-accumulate orders and expand again, or have a complete reversal.
Now, it is important to note that price is fractal, meaning the signatures you see on a lower timeframe perspective could also be seen on a higher timeframe perspective. In a singular candlestick, there can be multiple phases of price delivery happening.
Once one can fit all these pieces together in regard to how market makers book price, one can have a clear insight into where price is likely going and where it likely won't go again, all with a high degree of accuracy.
Thanks for watching and reading!
- R2F
EUR-GBP Risky Short! Sell!
Hello,Traders!
EUR-GBP is trading in a
Downtrend and was making
A local bullish correction
However, the pair will soon
Hit a local horizontal
Resistance level of 0.8440
From where we will be
Expecting a further
Move down
Sell!
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WEEKLY FOREX FORECAST JULY 15-19th: BITCOIN BUY SETUPAnalyzing BTCUSD for the upcoming week.
It looks like there is evidence that price turning bullish in this market.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GBPUSD: Anticipating Continued Bearish Momentum!Greetings Traders!
Current Market Analysis:
At present, I anticipate a continued sell-side draw on GBPUSD, targeting the daily fair value gap, which serves as today's draw on liquidity. This area also contains relatively equal lows, which are known to harbor a significant amount of sell stops.
Key Observations:
Trend Continuation: The trend has predominantly been bearish coming into today's price action. Therefore, we anticipate that bearish arrays will continue to maintain the bearish institutional order flow.
H1 Bearish Order Block: One key array under observation is the H1 bearish order block. I expect this area to hold as a strong resistance zone, guiding the price towards our target area.
Trading Strategy:
Focus on Bearish Momentum: Given the current market structure, I am focusing on bearish momentum. The H1 bearish order block is anticipated to act as a significant resistance level, facilitating a move towards the daily fair value gap.
Target Levels:
Daily Fair Value Gap: The primary target is the daily fair value gap, identified as the current draw on liquidity. The presence of relatively equal lows in this area indicates a high concentration of sell stops, making it a strategic target.
Conclusion:
By understanding the prevailing bearish institutional order flow and identifying key resistance zones, we can effectively anticipate and execute trades on GBPUSD. The H1 bearish order block provides a strategic resistance level, supporting our outlook towards continued bearish momentum.
Happy Trading,
The_Architect
WTI Oil Price Analysis: Market Dynamics and Global ChallengesCurrent Situation:
The price of West Texas Intermediate (WTI) has experienced a slight decline due to the strengthening of the US dollar (USD), supported by rising yields. Currently, the price of WTI is around $81.20 per barrel during European hours on Thursday, after gaining ground in the Asian session due to a larger-than-expected drop in US crude oil inventories.
Supply and Demand:
The reduction in US crude oil inventories has been significant. The Energy Information Administration (EIA) reported a decrease of 4.87 million barrels for the week ending July 12, a figure much higher than the expected drop of 0.80 million barrels and the previous decrease of 3.443 million barrels. This decline in inventories may suggest robust domestic demand, which can have a positive effect on oil prices.
Impact of Monetary Policies:
Expectations that the Federal Reserve (Fed) will reduce interest rates in September could improve economic conditions in the United States. With lower borrowing costs, economic activity could increase, which in turn could support oil demand. Statements by Fed Governor Christopher Waller and Richmond Fed President Thomas Barkin indicate a possible rate cut, which could further incentivize oil demand.
Market Pressures:
Despite some positive signs, the overall decline in commodity demand expectations continues to threaten the energy complex. According to Daniel Ghali, senior commodity strategist at TDS, the absence of an increase in supply risk premia could continue to exert downward pressure on prices. However, Commodity Trading Advisors (CTAs) still have substantial resources to deploy in the market, which could limit price declines in the short term, barring a significant downturn.
Global Challenges:
Another challenge for WTI oil prices is the economic slowdown in China in the second quarter, which reduces demand from the world's largest oil-importing country. Increasing trade tensions, with new tariffs on Chinese electric vehicles imposed by the United States and the European Union, contribute to an uncertain global economic outlook, negatively impacting oil demand.
Bullish B.O.S / Liquidity Formed (target) / Voids for respect> 15 Min Void (1st Void taken out - possible sign of 2nd void can be taken out
> 1 Hour Liquidity as target (POI)
> Bullish structure on higher time frames
> 1 Hour Void is created from one candle on 1H timeframe raising confluence of price no brainer has to fill this void (DEMAND) & Slippage *because single candle*
> Price resisting going lower
XAUUSD i love manipulation!!! whats going on gold gang! lol what a crazy time to be alive
gold making all time highs and then BOOOOM fell out of the sky hard in london close session yesterday .. luckily we caught some of it .. all the way back down to retest the old all time high (something we talked about previously)
whats next?1
its alllll up in the air currently price very strong in asian session pushing us back into the middle of the range .. a retest of the trend to sell would normally be go to but that psychological 2500 still looms and people will be reaching for that ... need to see what london session brings to us!!
lets strap in
tommy
ETHEREUM Bearish Bias! Sell!
Hello,Traders!
ETHEREUM made a retest
Of the horizontal resistance
Of 3518$ and we are already
Seeing a rejection and a
Bearish reaction that followed
So we will be expecting
A further move down
Sell!
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Check out other forecasts below too!
GBPUSD: Potential Intraday Sell Opportunity!Greetings Traders,
Current Market Analysis:
At present, I am observing a potential intraday opportunity to sell off into the H1 bullish order block, which is residing in discount prices. I am already in a sell trade on GBPUSD, taken earlier.
Key Observations:
M15 Breaker Block: We have experienced a pullback into an M15 breaker block situated in premium prices. This zone presents a potential area to seek confirmations for selling opportunities, targeting the draw on liquidity, which is the H1 bullish order block.
M15 Bearish Order Block: There is also a possibility of price pushing further into premium prices, reaching the M15 bearish order block. This is another area where we can look for potential selling opportunities.
Trading Strategy:
Selling Opportunities: Focus on seeking confirmations to sell off around the M15 breaker block and the M15 bearish order block, targeting the H1 bullish order block residing in discount prices.
Target Levels:
H1 Bullish Order Block: The primary target is the H1 bullish order block, aligned with the current draw on liquidity. The aim is to see price fill the liquidity void.
Conclusion:
By understanding the current market structure and identifying key areas for potential selling opportunities, we can effectively execute intraday trades on GBPUSD. The pullback into the M15 breaker block and the possibility of reaching the M15 bearish order block provide strategic points for selling, guiding our approach towards capitalizing on intraday opportunities.
Happy Trading,
The_Architect
Trading EURUSD | Judas Swing Strategy 16/07/2024 - big win!Last week, we had awesome trading sessions using the Judas swing strategy. We entered 7 positions across 4 major currency pairs: EURUSD, GBPUSD, AUDUSD, and NZDUSD, and secured 5 Big wins! The results we've achieved with this strategy have heightened our anticipation for our trading sessions. As is customary, at 8:25 AM EST, we commenced the day by reviewing the essential items on our Judas Swing strategy checklist, which comprises:
- Setting the timezone to New York time
- Confirming we're on the 5-minute timeframe
- Marking the trading period from 00:00 - 08:30
- Identifying the high and low of the zone
In a few minutes the low of the zone was swept, which meant our focus would be on identifying potential buying opportunities for the trading session.
To increase the likelihood of success of our trades, we wait for a break of structure (BOS) towards the buy side. Once the BOS occurs, we anticipate price to retrace to the initial Fair Value Gap (FVG) created during the formation of the leg that broke the structure.
We patiently waited for price to retrace into the created Fair Value Gap (FVG), and executed our trade upon the closing of the first candle that entered the FVG, as all the conditions on our checklist for trade execution were satisfied. Please note that our stop loss is set at the low of the price leg that broke structure, and we implement a minimum stop loss of 10 pips.
The position underwent minimal drawdown, after 5 minutes we were already in profit. What remains is for us to exercise patience and allow the trade to unfold to our advantage.
We are aware that our strategy does not guarantee a 100% win rate but rather hovers around 50%, indicating that some losses were inevitable. To avoid becoming emotional over the position, we used only 1% of our trading account with the goal of achieving a 2% gain. Upon checking our position later, we observed that the position was a few pips away from hitting TP.
After 4 hours, our Take Profit was triggered, and our patience paid off as we hit our target on EURUSD, resulting in a 2% gain from a 1% risk on the trade.
EURUSD - Another Trade Analysis Using ICT ConceptsVery beautiful again today.
With the expectation of higher prices, I took a long on EURUSD. As I illustrate in the video, there were very nice algorithmic price action and sentiment manipulated. All the things I love to see in a high-probability setup.
I hope you enjoy the video and found it insightful.
- R2F
WEEKLY FOREX FORECAST: UPDATES!! Wed July 17thWe are updating you on the Forecasts posted for July 15-19th.
Was the analysis accurate? Did we reach our targets? Was the Bias correct?
USD Index, EUR, GBP, CAD, AUD, NZD, CHF, (usdcad, usdchf)
SP500, Nasdaq, Crude Oil, Gold, Silver
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.