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3 JANUARY 2022 10 YEAR T-NOTE DAILY BIAS ANALYSISSummary : Sideways market Confluence : -10&20 EMA (DAILY) = BEARISH -BEARISH SMS/FAILURE SWING - 1D ICT BEARISH FRESH ORDER BLOCK - MOST RECENT LIQUIDITY RUN ON MID TERM SWING HIGH (DAILY) Conclusion : -Bias = Bearish possible bullish even testing the 1D FRESH BEARISH OB , Bullish for Dollar, Bearish for Major Foreign Currencies (EUR,GBP, etc.) -Target = EQL -Probability = LOW, still very biased because it's still the first day in 2022, t-note still delayed, market still have to create a setup to go somewhere. Well it's safer to have a bias about the market condition. and trade later when the market unfold a high probability setup. -Suggestions = Find another confluence, in the dollar index & the pairs that you want to trade, Higher Time Frame Or Lower, wait till Tuesday/Wednesday.
CBOT:ZNZ2021Short
by wekelex
EURUSD Weekly Bias + Daily Bias 11/2 session with ICT CONCEPTSummary : Price trading lower and then finding a consolidation, Bearish BMS on a larger daily swing, and recent liquidity run on short term swing low. Overall the price is consolidating on a intermediate range, to find it ways to bearish scenario, remembering the 10 Year T-NOTE analysis that I posted earlier that indicates bullishness for dollar for a intermediate terms (daily), there's possibility that the price only retrace higher to create a weekly high today, for creating momentum to go lower targeting, Swing Low (y). But there's also possibility for its to trade higher targeting Swing high (x). Confluence : - US 10Y T-NOTE bias = Bullish for USD Bearish for EUR for an intermediate terms. - ICT Power 3 Bearish Week, creating High of the week this day or tomorrow -10&20 EMA (DAILY) = CONSOLIDATING, SLIGHTLY BEARISH - BEARISH BMS ON A LARGER SWING = WE EXPECT BEARISH FOR A INTERMEDIATE-LONG TERMS. - OLD INTERMEDIATE HIGH RUN + STOP HUNT = EXPECT BEARISH FOR INTERMEDIATE TERMS - MOST RECENT LIQUIDITY RUN ON SHORT TERM SWING LOW + STOP HUNT (SH), so we expect bullishness for a short term or retracement higher Conclusion : -Trend = consolidating for a bearish continuation -Bias = Bullish to find a retracement to trade lower (bulllish), so for today I expecting a long high wick or low range bearish body, and bearish continuation. -Entry = at 4h-OB Area, after EUR PMI NEWS, or tomorrow New York Open -Target = Old Low (Y), possible outcome it will trade higher targeting (X) and then reverse lower targeting (Y) -Probability = MEDIUM Suggestions : -Find another confluence, in the smaller time frame, creating a BMS, OB, on entry time frame at the New York Opening
Short
by wekelex
DOLLAR INDEX HTF ANALYSIS 11/2, SESSION WITH ICT CONCEPTSummary : Price trading higher and then finding a consolidation, Bearish BMS, and recent liquidity run on short term swing high. Overall the price is consolidating with a possible reversal scenario to trade lower. But remembering the 10 Year T-NOTE analysis that I posted earlier that indicates bullishness for dollar for a intermediate terms (daily), there's possibility that the price only retrace lower to create a momentum to go higher targeting, Swing High (x) or even Swing High (y). But there's also possibility for its to trade lower targeting Swing Low (z). Confluence : - US 10Y T-NOTE bias = Bullish for USD for an intermediate terms. -10&20 EMA (DAILY) = CONSOLIDATING, SLIGHTLY BULLISH - BEARISH DAILY BMS = WE EXPECT BEARISH FOR A SHORT-INTERMEDIATE TERMS, OR ONLY A RETRACEMENT LOWER. - LARGER SWING BULLISH BMS = WE EXPECT BULLISHNESS ON A INTERMEDIATE-LONG TERMS -OLD HIGH RUN, CREATING NEW YEARLY HIGH+STOP HUNT INDICATION = WE EXPECT IT TO GO LOWER ON LONGER TERM, BUT IT POSSIBLE FOR IT ONLY CREATING A SWING HIGH, TO BE A NEW SUPPORT, FOR IT GO BULLISH ON A INTERMEDIATE TERM. - 1D BEARISH OB + RTO & 4H+OB both had achieved it target, so we must wait the price to create a new setup either it's lower or higher - MOST RECENT LIQUIDITY RUN ON SHORT TERM SWING HIGH + STOP HUNT (SH), so we expect bearishness for a short term or retracement lower Conclusion : -Trend = consolidating -Bias = Bearish to find a retracement to trade higher (bulllish), so for today I expecting a indecisive day or a low range bearish/bullish day. Bullish for a short term then Bearish for Major Foreign Currencies (EUR,GBP, etc.) -Target = Old High (X) or even (Y), possible outcome it will trade lower targeting (Z) -Probability = LOW -Suggestions = Find another confluence, in the smaller time frame & the pairs that you want to trade, Higher Time Frame Or Lower, wait for New York Opening Setups or don't trade for today.
TVC:DXYLong
by wekelex
10 YEAR T-NOTE HTF ANALYSIS 11/2 SESSIONSummary : Price trading lower, creating new yearly low, and it reverse to trade higher. However it created an insignificant low, creating a new equal lows (liquidity) bellow. The price doesn't break the higher swing (BMS) and created confluence to trade lower. But we have to be careful cuz it's still trading on a range, so it's possible for the price to trade higher, but for this time it's safe to assume it's gonna trade lower. Confluence : -10&20 EMA (DAILY) = BEARISH - BEARISH DAILY BMS - 1D BEARISH OB + RTO - 1D ICT BEARISH BREAKER - MOST RECENT LIQUIDITY RUN ON SHORT TERM SWING HIGH + STOP HUNT (SH) Conclusion : -Bias = Bearish, Bullish for Dollar, Bearish for Major Foreign Currencies (EUR,GBP, etc.) -Target = Old Low (In this case Yearly Low) -Probability = MEDIUM -Suggestions = Find another confluence, in the dollar index & the pairs that you want to trade, Higher Time Frame Or Lower
CBOT:ZNZ2021Short
by wekelex