Price is moving towards $$$$ liquidity, at the market open we see a perfect mitigation of trapped sell orders, with the orders closed, I except more bullish play to the sell zone
CJ is still in a distribution schematic, in correlation with the strong YEN movements I except to liquidate the following highs and continue the heavy down trend
We have now test a previous schematic with this last bear run. We are now undergoing another accumulation schematic. XXX/JPY pairs will have bearish cause and effect due to their correlations with JPX
Price played nicely to this area and reacted good as well. While DXY played out its accumulation, I believe it will retrace give EU room to boom
We recently validated and confirmed a bullish MB(x1). Overall we're bullish, on a bearish retracement to around 50% of the validated area(gray box to the left), which happens to line up perfectly where big money had their last major sell into buy that also lead to break new highs. I believe that a distribution schematic 2 has just been confirmed with the break of...
DXY looking bullish over all, we could come down to mitigate the open(dashed line) of the last demand zone or have a deeper retracement to the last order block within the demand zone and then have the mark up
price being short term bearish in an overall bull market, looking to catch the retracement up to the possible buy zone. this buy was confirmed with HTF Structure, HTF SnD , LTF candles, LTF wykcoff
price being short term bullish in an overall bear market, looking to catch the retracement up to the possible sell zone. this buy was confirmed with HTF Structure, HTF SnD, LTF candles, LTF wykcoff
Based on wyckf, to the up side to mitigate supply this should be a re accumulation with price labels
looking to catch the retracement before the continuation
Higher TF liquidity has been taken out by price from this last order block, looking to enter and exit at level of supply to be mitigated then the push up to mitigate demand on the top side
Had a retest of the golden disco line, price might want to visit purple OB area before heading back down
Price has been climbing the past few days to fill imbalances before testing the order block. I believe itll drop to fill imbalances it left while climbing.
the first tp was blasted through, wait for OB form and retrace to double down
Im starting to grasp smart money price actions, I caught this 1:OB4R trade from the previous lower time frame order block
I believe this will be a double top , Macd cross over rsi over bought with divergence and volume divergence
I seen on the weekly timeframe that this pair has slowed down and even may have reversed on the daily