Sangev • 2023-08-22
Following up from the previous week analysis, we took out the liquidity that was discussed . We now are anticipating price to move from the ELR noted to the FVG highlighted for order pairing. This will enable more potential entries required to fulfill the potential 104.7 forecast.
Notice the current dealing range and where the FVG is laying? This is further confluence for price to move in the direction desired.
The ELR I see price wiping out was not tapped into yet, but price is still offering a continuation into the buyside inefficiency located at 1.09160 - we may see a possible buy model that suits our interests on the LTF moving into the week.
Gold PA is not clean on LTF - consolidation at the HTF ELR
Price should be moving towards IRL but there doesn’t seem to be any in the current weekly dealing range.
Not trading the pair.
Cardy
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