DXY Analysis - Monthly & Weekly Timeframe (ICT Concepts)Reacted BEARISH off of PREMIUM with hard displacement.
Now looking BEARISH at DISCOUNT zones.
3W candle closed below a Bisi 3W, but reacted off of lower Bisi 3W. Based on this timeframe, I want to see if price wants to move towards the higher disrespected Bisi 3W and then react bearish. That disrespected Bisi 3W is almost a 1M Bisi. It would make the most sense that if price were bearish is for it to come to a PREMIUM zone for that swing range into the Bisi 1M (BPR) before heading lower.
The bias is not concreate at the moment, so be wary of any change in narrative during high-impact news drivers and the general structure on lower timeframes.
Lower timeframe may present long opportunities to this shorting POI, but price may create a Sibi first.
- R2F
R2f
DXY - Intraday Analysis (ICT)My DXY interest for today.
Assuming the last dump was to trap shorts, with the confluence of trading into a Monthly Bisi and Monthly Breaker (Body) and New Month Opening Gap. I am interested to see if this can now move higher.
It also traded off a Daily Bisi then broke higher, again playing around a 4h Sibi, and now seems to be moving lower. There is a 1h Balanced Price Range inside a Breaker on this timeframe at OTE of that range. I would like to see it react off of there, go higher, use the 4h gap as support, then move higher to target an actual liquidity void above.
E-mini S&P - Weekly Timeframe Analysis Price had a relatively convincing reversal back to the upside.
In my opinion the highest yielding position would be a long from the weekly Bisi annotated on the chart. A short could be identified from the weekly Sibi, but I would be wary that the Sibi could be used as a point of support of there are Discount PD Arrays on lower timeframes within.
A possible target would be the relative equal highs residing near the top of the highest weekly swing.
USDJPY - Long Trade Idea (ICT)Based my bullish bias for the US Dollar (DXY), I am expecting USDJPY to head higher as well.
Last week price traded to a clear 4-hour Order Block before retracing and ending the week. Now there are 2 general areas where I expect price to move higher from and create new highs.
1. There are a few PD Arrays with my interest in this area, most of them overlapping. At the very least, I am anticipating the 8-hour Bisi to be traded into, and possible digging into the 45-minute Bisi and subsequent Order Blocks below.
2. There is an Order Block with a 2-hour Bisi in this zone. I could permit price to come into this area if price action was slow to get there, or if it were fast to get there I would allow for a sharp rejection.
- R2F
AUDUSD - Short Trade Idea(Refer to my linked HTF analysis on AUDUSD)
I still have Interest in the Buyside Liquidity mentioned in my previous post on AUDUSD.
Price took out the annotated Sellside Liquidity, however, not by much. I'm expecting one more run lower with a proper Daily candle close before we move up towards the Buyside Liquidity.
I will be waiting for a convincing displacement that breaks structure to confirm this narrative. Before that, only scalps.
EURUSD - Story Time (ICT)This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal.
If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.