Unmitigated GAP from Nov. 2023 about to be filled & then we expect a reversal AUDUSD, EURUSD, GBPUSD being bullish support our trend idea that DXY is weak & making a final run to gather liquidity. This move cannot be stopped Expect strong bullish trend on xxx-usd pairs
as shown in chart Expecting a retracement to critical levels for a nice bullish entry
Invalid if SL hit Looking to see if NY will continue the trend or reverse it As always, risk responsibly
Likely scenario to play out Watch equal lows being taken out to provide liquidity for this up move As always trade with good risk management
Please note that price is bullish long term as price has broken a weekly structure on the 10th of this month, hence we will see higher highs This is a chance to take a small correction trade I will only do so after price touches the 1.03688 line & rejects it If price breaks structure after that I will open a short
Price broke down on the 25th creating a huge gap in liquidity (Buyers couldn't get a fill). Those waiting for a retest of the break didn't get a fill as well. Expecting price to ride up & take those orders before further breakdown to daily fvg As always trade with good risk management Please like & support my work to enable me continue to drop useful...
We are witnessing the first Break of Bullish Structure on the Daily TF since the dollar index started ascending earlier in January of 2022. Price created a mitigation block with an embedded fair value gap. I'm Bearish on USD
Price has moved into an OB that was created on Thur Oct 6, 2022 and respected it. It should move lower to fill up the Fair Value Gap created in yesterday's bullish move. Overall we could be bullish so this is a quick scalp. Watch out for news later in the day & exit if market character changes Enjoy!