We are currently on the buyside curve after taking out SSL (Previous Low).
This is my analysis and forecast no US500 (S&P500). We have CPI this week. Let's see how it goes.
I am not trading today due to CPI later on this week. I will trade next week but here is my forecast.
I think bitcoin is going to crash as soon as my father talked about it /s Jokes aside, BTC could go up to the FVG and then crashes. Apologies for the FUD.
I am still bullish on SPX500 via technical analysis. However, I will be looking to short to reach my long target. Will long with confirmation entry.
TBH, im too lazy to type my thought process behind my bias/idea. This is just a price action that I would like to see happen today.
Just sharing my bias/thought process for the day on Euro. Trade at your own risk.
I could be wrong. I don't even trade GJ. This is just something that I would like to see.
I notice that whenever a crash occurs, bond market would be offloaded prior to the event. Order block was printed on the 1st of October 2018 prior to covid. Bearish fair value gaps printed and rebalanced in 2019 prior to the crash. Note that Buyside liquidity (BSL) has been taken out, I would speculate that the market is currently printing a bearish order block....
Tape reading the euro. Will take trades if there is a confirmation on the US Dollar Index. -SIDELINES-
I'd like to go long on SPX500. I'm just going to sit tight and wait for the opportunity to present it self.
I am overall bearish on the dollar for next week. Could Monday or Tuesday be the high of the week? I will be looking for longs on Fiber or Cable. Please ignore all my previous charts with bullish candle other than the color green. That is pre-ICT.
Weekly breaker + Daily FVG + Weekly Discount range. Maybe? Maybe not?
Interest rate differential says it all. Im Bullish on this pair and would like to see price drawn up to the imbalance above.