26 Jul 20230726 Premarket Prep GBPNZD
⇧ Detailed plan with HYPOS outÂlined withÂin link ⇧
#FinÂtwit #GBPNZD #VWAP #KeltÂner #Forex #MarÂketÂProÂfile #OrderÂflow
This is my preÂmarÂket prep for today’s EuroÂpean sesÂsion for GBPNZD. This prep builds off of my weekÂly trade plan I made here:
The purÂpose of a preÂmarÂket prep is to find setups withÂin my weekÂly trade plan bias
LargÂer Timeframe
MN price trading:
Above Body, WithÂin Range, WithÂin Wide MN QHi
W1 price trading:
Price testÂing newÂly formed through W1 Bull Engulf givÂing W1-C‑D 2.06857 HiDC withÂin W1 Supply
Price tradÂing withÂin Wide W1 QHi
NarÂraÂtive
D1
D1 Inside Bar at D1 50MA in UT
Price withÂin Wide D1/W1 QHi
D1 Phase 1 / 3
H4
H4 Qhi rejectÂed, price tradÂing mid swing
Trend
Trend is UP 3/3
MarÂket Profile
3 overÂlapÂping Wide Values
LN Open
0.00 x ASR- WithÂin Value
Asia formed a NeuÂtral Day
0.44xASR IBR
H4 Bear Engulf formed in premarket
AddiÂtionÂal Notes
FOMC
Hypo 1
Short
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 2
Long
Late-SusÂtained Auction
Hypo 3
Long
ReverÂsal — PosÂsiÂble Failed Auction
Hypo 4
Short
Failed AucÂtion
ClarÂiÂty / ConÂfiÂdence (1 — 5, low to high)
2
MindÂful TradÂing (1–5 Bad to Good)
3
Don’t know what all the abbreÂviÂaÂtions are? Check out my lexicon:
Check me out on othÂer platÂforms as well: