XAUUSD1h - from the perspective of the hourly timeframe, we changed the context to short. Before resuming the long movement, I want to see interaction with obvious liquidity below.
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XAUUSD 4h context4h - from Monday to Thursday inclusive, we had a clear short context, after which a news-driven movement changed the context to long. Friday opened with a long continuation, covering the FVG below and forming equal highs, which is the logical first target of the current movement.
EURUSD 4h4h - an incredibly interesting situation has formed on the 4-hour chart. Structurally, we are in a long context, and with the overlay of all possible liquidity formed below us, we continue the upward movement. However, at the same time, there is an emerging order flow in the short direction against us. In such moments, it is crucial to wait for the price to firmly establish itself in one direction for a sensible continuation of work. Otherwise, there is a high probability of losing money.
EURUSD 1DHello and welcome to the weekly Top-Down analysis.
Throughout the past week, we experienced a sideways movement without a clearly defined trend. Despite this, there were an adequate number of potential positions.
1D - Daily timeframe: We continue to operate within the bounds of the daily imbalance. On Friday, January 5th, we cleared all the liquidity formed below, and I did not expect a repeat of the re-sweep, as mentioned in the previous review. The most obvious target was the local fractal high, which we managed to clear on Thursday. Despite the aggressive movement at the end of the year, we still remain in a long context until the daily bar closes below 1.071. For the upcoming week, I would like to see the removal of the nearest lower fractal with a continuation of the movement towards the upper boundaries of the sideways range.
EURUSD DayPlanGood morning, the plan for the day is strictly long, building liquidity during the Asian session. On Friday, we cleared all possible liquidity below, which allows us to be confident in the continuation of the upward movement. The daily target is the high of Friday. The long context is in sync with all higher timeframes. Priority is given to considering positions from the Asian minimum
EURUSD 1h1h - confirmed long context, despite the news-driven removal of last week's low, it is evident that the priority is to work for the continuation. The targets for Monday are the high of Friday.
Conclusions: all timeframes are in sync with each other, a clear priority is only in the long direction. I wish everyone a productive weekend, preparing for a busy week ahead.
EURUSD 4h4h - Starting from Monday, we moved in a short direction, forming an FVG on Tuesday. On Thursday, the market structure was broken to the upside, and Friday opened with a re-sweep in the news. However, the price quickly reversed after clearing all the formed liquidity below, then continued the upward movement, completely covering the imbalance above.Despite the intense movement in both directions, the context continues to be long.
EURUSD 1DOn the daily timeframe, starting from Monday, we continued the corrective movement. On Friday, there was a retest of the fractal minimum formed on Wednesday, after which the closure occurred within the imbalance formed from Monday. The main target for the following week will be the high of last year. Potentially, we can achieve this after clearing the low of the previous week on Tuesday-Wednesday, which is not mandatory.
XAUUSD 4h4H - On the 4-hour chart, we are still in a short context. The context shift for a return to the long side is marked on the chart with a red line. While we are still in a short context, it is preferable to work in the short direction.
XAUUSD1D - Despite the short-term bearish movement, the price is still in a long context. The nearest target can be considered the fractal minimum located in the FVG. After reaching this level, I would like to see a continuation of the movement towards the target levels around 2090.
USDJPY Looking BearishOn the Monthly chart, this pair is currently retracing bearish inside a Bullish PB.
On the Weekly, we can see that this pair is in a large bearish grind. We sent out a bearish analysis a few weeks back. If you didn't see it, be sure to take a look at it.
Let's go further down in our analysis of this pair.
On the Daily Chart, this pair has continued its bearish push, and it is currently holding 3 PBs to the downside. The story is not different on the 4-hour chart. The market is making 5 PB down on the 4 hour chart, and 4 PB down on the 1 hour chart. It is not very often to find a pair that aligns on bias across all of its timeframes. Here is a rare exception.
To take our trade, we will be waiting for price to retrace bullish into our refined zone. When that happens, we will look to jump on the trade using the Panz Pips trader checklist.
Near 1000 Pip Dip ExpectedThe EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4.
Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were able to find and mark our order block and refine it to the expected reversal zone.
Last week saw prices come into our zone and push away in a bid to commence the reversal. If this perspective holds, this pair is expected to dip all the way down to take out the liquidity target at 1.4663 and push beyond it.
This down extension push is expected to give us a push in excess of 700 pips and can push as far as 1000 pips and more.
EURUSD4H - We are also in a long context, despite this, the compression formed below, as well as the imbalance, is concerning. For this reason, it would be good to clear liquidity below initially before continuing the upward movement.
XAUUSD 4h 4H - Similar to the daily timeframe, it is in a strong long context. There are no reasons for a price reversal in the current conditions. I plan to consider positions for further movement after a local correction.
EURUSD 4hThe 4-hour timeframe is in a long context; I plan to work on the continuation of the movement with the target being the Previous Daily High (PDH)
EURUSD 1WWeekly timeframe, probably the most interesting of all, as we changed the context from short to long after consolidating above the fractal marked in red. Depending on the closing of the next week, we can make assumptions about the subsequent movement. The first target is the fractal maximum formed in the FVG.
EURUSD 1DHello everyone, as always, I welcome you to the Top-Down analysis on Euro. I would appreciate your feedback in the form of a repost, comment, and like.
Let's start with the daily timeframe. After breaking the short context on December 13, the price reached the mid-term target on Friday. Interestingly, we closed with a raid without consolidation. Next week, I expect a small corrective movement with a continuation above.
XAUUSDgold in a strong long context. The obvious target for today is PDH. I am ready to consider long positions from the equal lows formed during the Asian session.
GBPUSDGood morning, the pound is in a short context. I expect the continuation of the short order flow today with targets at the minimum of the current week.
XAUUSDFor gold, a strong short context is present, with the daily target being the low of the previous day. I plan to work through confirmation in the form of ORDER FLOW.
XAUUSD 1h1H - The hourly timeframe shows a strong short context with the overlapping of formed imbalances and fractal maxima. Below, a new daily imbalance is formed, often completely covering the previous one. Due to this, the priority is to work on the continuation of the short context.
GBPUSD 4h4H - The four-hour timeframe is in a long context. To complete the correction, it would be good to see interaction with the nearest fractal minimum, as well as the coverage of the imbalance. After that, we expect a continuation of the upward movement with targets at local highs.
EURUSD 1DHello! Here's a weekly review of the EUR/USD pair from higher timeframes to lower:
1D - Since Wednesday, we have shifted the daily context from short to long after the price secured above the fractal maximum. The target was set to the nearest fractal maximum. On Friday, I expected the removal of the fractal local maximum, and the price, in turn, made a corrective movement. Below, we also have an uncovered imbalance. The price is still in a long context, and I anticipate seeing the removal of fractal maximums after balancing next week.
