Price tapped into a weekly POI last week but left a liquidity pool that still needs to be mitigated. This couple up with a strong DXY (Dollar) promotes the idea that the market may be bearish. Looking at the analysis we have already tapped into an imbalance on the daily which may act as a resistance and we have broken out of that bearish flag. I am waiting to see...
Price is forming a three-drive pattern into the Imbalance where it will clear Buyside liquidity. Waiting to see retracement to internal liquidity imbalance @ 3667 then potential impulse up during new york. your coments will be very much appreciated
Price should clear internal before external liquidity. Might clear sellside liquidity and mitigate imbalance 2 then eventually target external liquidity (buyside liquidity) and mitigate w1 bearish order block. Feel free to leave comments
I have tried my best to mark my whole thinking process on this chart. I do not THINK there is much needed to be typed in this description. However, this chart shows how much of a rigged game it is and how difficult it is for a typical retail trader to be profitable. However Smart Money Concepts help you tp understand how the market makers move making it possible...
It's quite crazy every retail trader today is targeting USDxxx SHORTS & xxxUSD LONGS. This is because price has broken the retail trendline visible clearly on most USD PAIRS H4 Timeframes. However it is essential to understand that this is a game of Banks versus the Typical retail trader. On the Chart I posted here majority of people will be anticipating a SELL...
I do expect bulls to take over on bigger TF. However it looks neccessary to clear the internal liquidity marked on this chart. Price has shown compression to mt 15 M IMBALANCE where i expect to see prices going lower. 1:5 RR possible trade. Please check out my other posts tagged to this one and leave comments if you like the type of content I post. Great day.
Just thought I should mark up a chart for fun. Not really big on forecasts around this time of the day. Prefer being reactive during the London & NewYork sessions. Please feel free to leave comments below.
I am expecting some bearish pressure on the Dollar index short term and this supports bulls taking over on xxxUSD pairs.
I am expecting some bearish pressure on the Dollar index short term and this supports bulls taking over on xxxUSD pairs.
I am expecting some bearish pressure on the Dollar index short term and this supports a bears taking over on xxxUSD pairs.
I am expecting some bearish pressure on the Dollar index short term and this supports bulls taking over on xxxUSD pairs.
I am expecting some bearish pressure on the Dollar index short term and this supports bears taking over on USDxxx pairs.
Gold reached our Daily Point of interest yesterday during New York, helped by the oil inventories news release. Since that POI was mitigated, I see a shift in market structure to the downside on my hourly tf. Today I will be expecting a minor retracement to my 2h imbalance where I will be looking for bearish momentum to take a possible short position. Please leave...
Description of this analysis basically the same as my previous post for EURUSD attached below. Feel free to comment and engage with my posts. Thanks
There is an area of liquidity marked from my weekly TF lower than current price which spurred me to look for bearish setup for the rest of the week and start of next week. The drop should start today also supported with current fundamentals that are signaling the DXY gaining a bit of momentum this week causing the XXXUSD pairs to fall.
I am targeting the FVG which is my Point of interest on Bigger Tf. To take that short I would like a retracement to that smaller TF FVG. Feel free to comment below
Two potential zones to short USDCHF this week. i expect a manipulation move to the upside to mitigate my POI's then I will look for shorting setups on LTFs
The bulls seem to be slowly taking over as I see the bigger timeframe imbalance has been cleared on Friday's trading session. My general bias is bullish short term and I would like to see a judas swing to my m15 imbalance before we take buys. A nice 1:10 RR. fEEL FREEE TO COMMENT BELOW...