$GBPJPY - Long... All week Long (Smart Money Concept)I did a lot of work on this chart and I'll just say there are. lot of hidden elements as to why I have came to this conclusion. There are just things I cannot share. But I will share my conclusion and my d=first short term goal for tomorrow is an open trade to start after midnight New York Time (London Session) Where GJ has just. bit of retracement to 145.650 and it should end up with taking first profit at 146.400 - 146.420. About 75 pips. If I'm right, we'll go from there. But I'm Expecting GBP to have a Bullish week on all charts, possibly sending EURGBP down as well.
FOREXCOM:GBPJPY
Institutional_trading
SHORT GA to ultimately BUY laterWe are grabbing liquidity to wreck the sellers and grab their stops
Then we are inducing FOMO greedy people to jump into buys too late until we reach previous wyckoff distribution area...
once there institutions will mitigate of the order and that is where we get in for a sell to finally take the previous (retail support) demand area and mitigate from the source of the buy completing the complex pullback...
Once we are in a buy we will expect a higher high to continue daily uptrend
nasdaq100Previous ideas I failed to look at the bigger picture and its always best to remember as a trader banks do not trade in lower time frames.
Nasdaq100To previous post i forgot to mention the buy according to the expansion phase but we should see Nasdaq going short
DXY - AnalysisTVC:DXY
Analysis - 👨🏾🎓
The DXY is Bearish on the monthly from a structural and institutional perspective I can see the bullish momentum continuing until 92.184 to mitigate the orders made in the last period before a continuation in bearishness to create a monthly lower low.
The 82.000 demand zone, which has significance as far back as DEC 1990 could be a key level to show major dollar strength, failure in this level to hold could have catastrophic consequences for the USD
The rise of blockchain and cryptocurrency applications have accelerated during this period of decline, this is set to continue as people seek better stores of value than the USD. The decline itself and Quantitative easing never seen on a scale like this before have raised large questions on the suitability of the USD as the worlds global reserve currency for the longterm.
Let me know your thoughts, I've attached more snapshots below!