Dollar is strong. DXY breaking highs which tells me AUD,EUR,GBP should be dropping. The equal lows are suspect to me and I'm anticipating a run on those lows. Beautiful trading day today. Sell side liquidity taken and has room to drop.
Here's my bias on AU. My instincts are telling me bullish but I don't want to react based off that. I'd like like to see what price gives me throughout the week. I can see price going both ways. Institutions are racking up orders right now on the Higher Timeframes. We'll see where they take us. I'm just going to be patient and look for intraday scalps (10-25pips)...
Here's my bias on EURUSD - BEARISH Price is currently in a bearish order flow. I am anticipating lower prices and a grab on sell side liquidity. I will be targeting previous swing lows and equal lows. Intraday, I will be targeting previous day lows.
Here's my bias on GU - BEARISH Price is currently in a bearish order flow on the 4h and Daily. I am anticipating a possible run on liquidity of equal highs. I will be hunting for sell opportunities and targeting previous equal lows for the week. Intraday, I will be targeting previous day lows.
Here's my bias for GU. BEARISH Some confluence indicating me a bearish week: 1) Market Structure is breaking previous daily swing lows. 2) COT (commercials) have a net of nearly -50,000 in short positions on the Daily - 6 month analysis which tells me big shorts from institutions which is why we saw the giant drop last week. 3) Both Daily and 4h are in a...
Here's my BIAS for GU. BULLISH for the week. GU has been in a bullish order flow for the past few weeks. Late last week on Friday, price tanks to balance the market and take out any buy stops along the way. Price came back beautifully to a daily order block and rallied off, however, I am anticipating a lower run on stops to create the weekly low either...
Here's my bias for EU. BULLISH EURUSD is currently in a bullish order flow. The ema's on the monthly, weekly, and daily are all in sync for bullish order flow. If you take a look at my previous chart ideas, I've had the same bias for a few weeks now. I am anticipating the low of the week/ a new swing low to form early MON,TUE or WED. I am going to take in...
Here's my bias for AUDUSD. BULLISH Price is currently in a bullish order flow. The ema's on the monthly, weekly, and daily are all in sync. Price rallied up to a previous monthly equal high before selling off. In my eyes, I see a trap on retail concepts from institutions. I am anticipating a run on those equal highs to grab liquidity. I am anticipating price...
Here's my bias for EURUSD. I'm anticipating a bullish weak. The Monthly, Weekly, Daily, and 4hr are all in sync for bullish order flow. Confirmations this is indicating me personally a bullish week: 1) Higher Timeframe MA's in sync 2) Price respected a previous 4hr order block 3) Price respected a previous Daily order block 4) Price in my eyes created a swing...
Here's my bias for GBPUSD. I am anticipating a bullish week. Now, here's what we need to take in consideration: 1) Price is currently in a bullish order flow and could easily clear out these highs 2) Price is moving into a weekly bearish order block 3) Commitment of Traders has VERY strong bearish orders building up since DEC 2020. 4) Price created a VERY...
Hey Trading family! Hope this week was full of profits. AUDUSD created very clean equal highs. Too clean IMO and is an area of interest for me. I would anticipate a purge on liquidity in the London session or possibly New York open. Now, this could be a reversal and price could target even higher highs, but taking in consideration this market has been bearish all...
I'm anticipating another bearish week on EU. We had a strong retracement off the previous swing and rejection off the resistance level 1.18000. My bias is completely off price action and using the daily ranges. I am looking to target the previous swing low. Institutions many be targeting the equal lows around the 1.16020 level. Ideally, Monday Tuesday or...
Here's my bias for USDCAD. Looking for this currency to tank and test previous key support levels. Read my description on the chart image. Good luck trading this week!
Happy and good luck trading this week family Here's my bias on GU. I'm looking to go long on this pair this week. Right now, price is in a bullish order flow. How do I identify this? I use the 9 & 18 ma's on the Weekly, Daily, and 4hr charts to tell me what order flow the market is in. With all 3 charts aligned, I'm solid on GU being bullish. Another...