TVC:DXY CME_MINI:NQ1! NQ on the daily chart is really near the ATH and in my opinion next week price will hunt the liquidity that is resting above. But I think that the price will shifts its attitude fast due to a stronger dollar that I anticipate next week
CBOT:ZW1! Wheat is currently located in a weekly Fair value gap . On the daily chart we have been rejected by the FVG (checkpoint "1") and we reached (and totally respected) the volume imbalance (checkpoint "2") . After that point price may go up or down. We should see how market opens in Monday. One possibility is that wheat might be pricing higher , heading...
CBOT:ZC1! CBOT:ZS1! CBOT:ZW1! Those commodities had a very interesting price path so far. Since the Russian invasion these three commodities lost a lot of their value. More specifically wheat lost around -50% from its peak, corn -45% and soybeans around -30%. The ag-commodities market is pricing clearly in an oversold area that I think ,in my opinion , is...
The last two weeks for NYMEX:CLG2024 were wild. We rallied around +10% due to geopolitical and macroeconomics events and the last three days we saw a retrace around -5%. Now to the technical part of the chart. Oil reacted to the volume imbalance (checkpoint "1") pushing price to go lower . We are currently touching the bullish order-block (checkpoint "2") that...
The TVC:DXY ,the last three weeks, has dropped approximately 3% pricing lower and lower. We are currently hovering above the daily Fair Value Gap ( checkpoint "1") and probably heading for the sell-side liquidity that is resting inside of it( checkpoint "2"). After that , we could assume that DXY can bounce from the checkpoints I show you before . I do not say...
BINANCE:BTCUSDT We are currently above the Weekly Fair Value Gap. We have just touched and slightly rejected the bearish Orderblock on checkpoint "1". If we see a bearish displacement the next week , we can assume that Bitcoin will drop , and reach for the FVG that is resting below the current one ( this FVG is not shown in the picture ). The most bullish...
OANDA:XAUUSD The last two weeks we saw a clear bounce from the daily Fair Value Gap (checkpoint "6") heading for the Buyside Liquidity that's resting above the old high (checkpoint "1") . Also we should take into consideration that above the old high "1"on the far left of the chart there is a bearish Orderblock (checkpoint "2") . Given that , if we break the...
The CME_MINI:NQ1! priced exactly as we want heading for the ATH...but we don't care about this, this chart is a short-term chart that I think it will play out tomorrow. We saw a stop-hunt and MSS in the 15min chart. We broke above the FVG I pointed out in the 1Hr chart. If, in the next few hoers, we retrace back to this, we expected to work as a IFVG pushing...
On 13th of November we saw a market-structure shift (checkpoint 2) after a stop-hunt that took place on 30th of October. Now we are in a weekly FVG that could be possibly pushing price to the buyside liquidity and the daily FVG that is laid above (checkpoint 3). If we don't see a retrace to that level , price may dumb lower, filling all the FVG and change the FVG...
CME_MINI:NQ1! CME_MINI:ES1! We can see that the ES chart is weaker and more "bearish" than the NQ. That means in the next week open if ES breaks the checkpoint "1" we can easily see an ATH for NQ , because we have already broken the checkpoint "1" on NQ . So I think the direction and the sentiment of NQ are highly based on whether ES breaks above or bellow the...