I'm expecting a great deal of volatility in the coming weeks with the VIX having broken a key psychological level, created a CHoCH, and continued rising, leaving behind some liquidity in the FVG-W below. LOTS of liquidity lies above at the daily and H4 levels and the VIX is likely to reach for these levels. Why is this important? Well VIX and most indices...
Pair: DOW Bias: Short 📉 (NYC PM) Confluences: FVG-H1 below, FVG-H4 below, FVG-m15 below, Nice liquidity run up, VIX going bullish Trade Strategy: ICT 2022 POI: 33864 Invalidation Level: 33918 Analysis: This is a counter-trend trade as I'm bullish overall, and this is a retracement idea. Wait for reaction at PoI for final confirmation.
Hello trading fam! Gold is under some bearish pressure to head towards the golden zone of 61.8% in the Fibonacci extension. It might pull back before heading there however, and we see some resistance at the 1864 to 1874 band on the 4H chart. The Ichimoku cloud and the 50 SMA also support this assessment. I always welcome feedback and engagement. Thanks in...