Inducement
EURUSD & DXY OUTLOOK | 4HDXY is kinda aligning with my bias. I personally think it will go for the imbalance and the gap will act like a base. For EU I'd look for shorts in the whole retracement zone. I have two POIs which I marked - 2WT & DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone.
I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S.
What do you think?
2WT = 2 Way Trap
DBD = Drop Base Drop Supply Zone
BTCUSD | WHY DID THIS HAPPEN? | 1H OUTLOOKI said in my previous BTCUSD post that I'll be looking for low term sells after the ATH inducement. It played out perfectly. But why?
This is my view - The ATH was a massive liquidity pool. After collecting the orders and the liquidity it started big sell movements. Then out of FOMO people started selling because they thought they could "catch top". Twitter was like - "SELL SELL SELL". After inducing again, collecting liquidity orders and imbalance the sellers have been trapped which led to again big upwards movements.
What do you think about BTCUSD?
EURUSD OUTLOOK | 4hFor EU I'd look for shorts in the whole retracement zone. I marked up the levels that I'm interested in so the 2WT and the DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone.
I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S.
What do you think?
2WT = 2 Way Trap
DBD = Drop Base Drop Supply Zone
DXY OUTLOOK | 4hIn this case the gaps can be used as Demand. There was a medium inducement and there's a possibility it know starts going up but there is also an imbalance curve with a gap under which could get filled with the news. Keep that into consideration.
What do you think about DXY?
Write in comments
LQP = Liquidity Pool
2WT = 2 Way Trap
Arrows = Inducements
USDCAD OUTLOOK | 4hThe first buy area is medium safe because there was no major inducement.
The second one would be after a major inducement + HTF POI mitigation.
Take also into consideration what DXY does.
What do you think? Write in the comments.
LQP = liquidity pool
DBR = Drop Base Rally Demand Zone
Arrows = Inducements
USDCHF OUTLOOK| 4HMy full target has been hit.
The buy area is medium safe because even though most of my criteria has been met there was no major inducement. You can look for longs there but not blindly buy.
In case the DBR gets exceeded you can pretty safely sell at that are after retracing.
What do you think?
DBR = Drop Base Rally Demand Zone
EURAUD OUTLOOK & TRADE IDEA | 4HRisky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR.
What do you think?
LQP = Liquidity Pool
DBR = Drop Base Rally Demand Zone
GBPJPY OUTLOOK & TRADE IDEA | 30mMedium risk buys in this area. Why medium risk? There was no inducement. There might be enough demand tho and it's a pretty good are to look for buys.
Scenario 2 - in case that supply exceeds demand (S>D) you can pretty safely look for sells off the DBR demand area.
What do you think? Comment below.
LQP = Liquidity Pool
DBR = Drop Base Rally demand zone
2WT = 2 Way Trap
GBPAUD OUTLOOK & TRADE IDEA | 1h The first buy are is quite risky because there was no major inducement but it's still a pretty valid area to look for some buys.
The second one would be pretty safe because excluding the overextenstion there would also be a major inducement.
The target would be the low resistance liquidity are which is also a imbalance curve.
Share your view in the comments!