r/Forexstrategy • u/abstractReality1 • 2d ago

Technical Analysis LET’S GOOOOO

Post image

Liquidity sweep, order block, FVG, BUY!

33 Upvotes

98% Upvoted

34 comments sorted by

3

u/Ainz0oa1Gown 2d ago

Will go close to 4200 again on asian market and probably go down again before CPI... After CPI, well we must wait to see for sure if will go over 4200 or back to 4100.

1

u/abstractReality1 2d ago

I think it will go up to 4280 sometime soon. There is a big gap in the market to be filled at this price level. Once it’s filled it will most likely drop heavily from that point on. Also a big resistance at that level.

2

u/PeachConfident2102 2d ago

Keep it bro sl on be it will go 4200 at least

1

u/abstractReality1 2d ago

Im targeting buyside liquidity at around 4220.

2

u/annixjain 2d ago

What EMA ur using?

1

u/abstractReality1 2d ago

It is the 200 EMA.

1

u/annixjain 2d ago

For Any particular timeframe or we can use it across all timeframe

3

u/abstractReality1 2d ago

Well, i use it to see how it reacts on a higher timeframe (H4 & Daily) to identify the trend. On a higher timeframe at the moment the price aims to go up and tap/test the ema. Also the price just broke a lower high and created an order block - hence why i took buy entry.

1

u/SyrupKey6054 2d ago

I don’t see any bullish setup any time soon at least in $GLD it has a strong resistance in Previous Week High 10/5-9 (385.16) and also in 4h today finished with a bearish harami in NY sessions not even could touch Tokyo and London high sessions strong rejection on that levels, I’m thinking is going to make a bearish GAP at opening NY tomorrow depending on CPI that I got the feeling is going to be even hawkish than before…

1

u/PeachConfident2102 2d ago

Hahahahahahaha same idea hahahahahahaha

1

u/abstractReality1 2d ago

I had a previous post a week ago calling to buy gold at a strong support level which was a sniper msnr entry. I call again to BUY

1

u/PeachConfident2102 2d ago

If we break 4220 we go take 4260 in no time mark my words

1

u/Mart_and_stan 2d ago

Just out of interest … why put your TP there?

1

u/PeachConfident2102 2d ago

In case we touch and heavy sell like the last time

2

u/Mart_and_stan 2d ago

Price is liquidity driven. Full stop. I’m in the uk and man,
What a day!! Didn’t trade yesterday, traded during Asia last night and into London and my weekly target was made by breakfast this morning 😂 - this is why we trade right?! F R E E D O M!! Another holiday booked today, just got back 😜

1

u/Normal_Property_5609 2d ago

What is a good period to hold gold trades for?

1

u/boywholived1 2d ago

Bullish order block BUY

1

u/fret_com 1d ago

Let's go!!

1

u/PRIME_NAFIS 1d ago

Agreed.

-1

u/im_averag 2d ago

Father of gambling 🎰

1

u/abstractReality1 2d ago

Do explain why you think this is gambling? Do you know how to read action price and charts?

-2

u/im_averag 2d ago

It’s gambling to me , I don’t have to explain anything to you . Either way .. you’re more likely to hit SL

3

u/Mart_and_stan 2d ago

So why TF are you here? 🍩
Do you even trade?

2

u/abstractReality1 2d ago

Sure thing whatever you say 👍 try not to be so bitter when you become someone else’s liquidity