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Marked up my chart:
Resistance — previous highs
Support — liquidity zones
Trigger — Trump tweeting about the Strait of Hormuz 😏
Happy profits to all who took the trade. A very good way to start the week and month 😎
📈 5M bearish CHoCH has formed inside the 4H bearish FVG, indicating potential downside continuation.
🕯 Liquidity sweep + displacement + change of character (choch) = Sell Entry
Missed this setup
🔵Waiting to see if that 4HR IRL/FVG will hold, then will be looking for sell setups in lower timeframe
🕯 Volatility 50 Index 4HR Outlook
📈 Liquidity sweep + displacement inside the Weekly +Daily IRL/FVG, which led to a bearish (internal) choch, signalling bearish momentum
🕯 Volatility 50 Index Daily Outlook
📈 Price has formed a Daily IRL (Bearish FVG) inside the Weekly IRL, and is currently reacting from that zone
🔽Anticipating lower timeframe bearish setups to the ERL if sellers maintain control
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📈 XAUUSD Ready Sell Setup
⚡️ There is still an unmitigated bearish (FVG) liquidity magnet price may revisit before continuation to the downside
Following the analysis, we took this 1-HR Sell Setup in the Premium Signal Group⬇️⬇️
🕯 XAUUSD 4HR Outlook
📈 Liquidity has been swept inside the Daily IRL, signaling potential downside continuation.
🔽Only looking for short setups.
