$EURUSD ๐ช๐บ
Trade Breakdown ๐งต
D1 โ H4 โ M5
Trade Breakdown ๐งต
D1 โ H4 โ M5
Daily
- Significant HTF sellside stop hunt
- Bearish FVG flipped iFVG (Bullish)
- Price seeks buyside liquidity as iFVG essentially acts as support
- Significant HTF sellside stop hunt
- Bearish FVG flipped iFVG (Bullish)
- Price seeks buyside liquidity as iFVG essentially acts as support
H4
- Displacement off the Daily iFVG creating SMT at the lows with GBPUSD (EURUSD = stronger pair)
- Bullish breaker forms as a result of the displacement, expect price to respect it and continue towards buy stops regardless of filling a bearish imbalance to the left
- Displacement off the Daily iFVG creating SMT at the lows with GBPUSD (EURUSD = stronger pair)
- Bullish breaker forms as a result of the displacement, expect price to respect it and continue towards buy stops regardless of filling a bearish imbalance to the left
M5
- Asia session creates a tight consolidation just before London Open
- First phase of AMD (Accumulation)
- Anticipate price to sweep the Asia Lows within a HTF PD array before looking for longs
- No raid, no trade
- Asia session creates a tight consolidation just before London Open
- First phase of AMD (Accumulation)
- Anticipate price to sweep the Asia Lows within a HTF PD array before looking for longs
- No raid, no trade
- Price drops below NY Midnight Open and sweeps the Asia Low during London Open
- As we expect buyside liquidity is the DOL we can anticipate this as a Judas Swing
- Price should reverse and displace aggressively toward buyside if this is the Low of the Day
- As we expect buyside liquidity is the DOL we can anticipate this as a Judas Swing
- Price should reverse and displace aggressively toward buyside if this is the Low of the Day
- V reversal/strong displacement back above Midnight Open indicates price will continue moving higher and gives confidence that LOTD has already occurred (Manipulation)
- LOTD during London Open (Classic Buy Day) means price should expand and continue through New York session
- LOTD during London Open (Classic Buy Day) means price should expand and continue through New York session
- Entry set at the Breaker + FVG (Internal range liquidity in discount)
- Stop loss set below the suspected manipulation low as price should not return there if the AMD is in play, giving us a clear invalidation point
- Target set at the equal highs (External range liquidity)
- Stop loss set below the suspected manipulation low as price should not return there if the AMD is in play, giving us a clear invalidation point
- Target set at the equal highs (External range liquidity)
- TP hit (Buyside liquidity tapped)
- With Classic Buy Day in mind, a runner can be left as continuation of London Open orderflow is typically expected during New York session in cases like these
- With Classic Buy Day in mind, a runner can be left as continuation of London Open orderflow is typically expected during New York session in cases like these
Thanks for reading everyone! First time doing this, took inspiration from a few good traders on here. Appreciate any likes & RTs as always. Cheers legends ๐ฅ
Exclusive content & charts coming to @SpectreTrading ๐ช
Exclusive content & charts coming to @SpectreTrading ๐ช
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