EURUSD Daily Outlook
1) Took out Buyside at 1.098191, expecting a retracement
to the Daily FVG (ERL TO IRL)
2) I will be looking at Buys from the Daily FVG at 1.08893
to continue with price to the upside (IRL TO ERL)
3) Short Term Target will be Yesterday's high at 1.10092
Let's goooo!!!
Please check out my previous outlook!!!
Price played as we expected last week. We have a beautiful rejection from the weekly FVG in discount.
We are now targeting the Buyside liquidity with first targets at 1.09481, followed by 1.09822
IRL TO ERL. We are always keeping it simple gents!
Let's get the bread.
The weekly timeframe has a beautiful bullish break-out, meaning that we are overall Bullish.
We have two weekly bullish FVGs
- One in Premium at 1.08709 (We would not want to Buy on the basis of this FVG since it is in Premium) However we could have a LTF reaction.
- Another beautiful FVG in discount at 1.08032 ( This is where we will be looking for timeframe...
Daily Outlook
- We were successful with our Buys to the Daily Key-zone
- Price has reached our level, however early sellers might get liquidated
- Looking at the 4 Hour timeframe to move from Internal Range Liquidity to External Range Liquidity before dropping.
Week of June 24 NQ/10Y/CL/GC
I'm back! After a much needed vacation and a break from the charts at ATH - I am BACK on TradingView with a fresh weekly forecast.
This week will mark the start of Q3 - which is really important as we need to check back to reference the quarterly charts to see if there is any unfinished business we left behind. I am expecting Q3 to...
This pair is moving toward the LRLR (Low Resistance Liquidity Run).
I mentioned this move in my Weekly Forex Forecast, and price is now reaching for the old highs.
I am mindful that tomorrow's economic news, Core PCE, will likely turn the market volatile, and
potentially turn the bias. We'll see.
Best to wait until after the news announcement for new entries.
Price has potential for the upside from the IRal to ERL move testing the daily OB. Targeting Previous daily highs as liquidity. Look for lower timeframe price action to confirm the move.
Potential IRL to ERL move, from the test of the daily OB and 4H FVG.Expecting Buyside Liquidity to be targeted. Wait for 1H structure shift and M5 MMBM to confirm the move.
Possible EU short...
Reason:
---------
+ 15 Min. H/L range
+ Tap of supply zone to the left (need re-test to confirm)
+ Asia session sitting below
+ Internal range liquidity areas need to be grabbed ---IRL--- (buys need to be taken out)
+ Trendline liquidity sitting below ---x---
