Phronesis_Flow

Phronesis_Flow Updated 

Idea - Looking at the Monthly Candle it is clear that There's not enough demand strength to push higher toward the highs, from both the original bullish FVG and Also the recent monthly FVG - The recent monthly FVG should've expanded toward atleast previous 3M high but after sweeping previous high, confirmation of bullish weakness to target, the Previous Month...

Phronesis_Flow

Analysis on the Dollar - Coming off Monthly FVG, price delivered into Previous months Low, where we got a reaction with a huge bearish momentum weekly candle - However Last week we so bullish momentum coming into the market. Here's what alarmed me: - Why are we trying to prevent creation of weekly bearish fvg (intention for lower prices) - Secondly, daily...

Phronesis_Flow

Directional Bias: Bearish Narrative - The initial forecast i did for DXY played out well last week() with volatility coming into the market to push prices lower. I am still bearish on the dollar - We traded below previous months low, and this is where i would like to pause to get new context to go lower from the weekly timeframe, after the creating an expansion...

Phronesis_Flow Updated 

Trade Idea - Obviously Price Has reached It's targets for the Week. (Weekly Swing High & Previous Months High) - Currently there's no context for higher prices, as daily in the process of creating a FVG we can use to deliver higher prices - 4H Bullish FVG can push prices Higher toward these 4H two highs - 1H FVG Entry - R Target; 2R

Phronesis_Flow Updated 

- We're still playing the Monthly Bearish Context from the FVG, There's been no Bullishness on the daily timeframe, just struggling Bearishness (No Daily FVG's) -This week price pulled back into the Daily Breaker/Fair Value Area. Initial mitigation gave a good rejection, However no 4H FVG yet - After Daily Swing High was swept on Friday, 4H Showing Reversal...

Phronesis_Flow Updated 

- 4H Bearish FVG Failing to deliver lower after sweep of Daily Wednesday Low - New Context for Higher Prices from 4H Bullish FVG (Classic Reversal Pattern) -Target: 1. 4H Swing High, 1.08558 2. Daily Swing High, 1.08659 3. Weekly Swing High, 1.08882 4. Previous Months High, 1.08976

Phronesis_Flow Updated 

Trade Idea - With the Dollar probably Heading today Daily Swing High, Long on UJ makes sense - Yesterday Price traded in and out of Weekly bullish FVG - After 4H bearish FVG was disrespected and price then created 4H bullish FVG, - Intention is clear to the buy side or at-least until the 4H Recent High

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Phronesis_Flow

Trade Idea Journal - From Daily, price struggling to push higher with conviction - Swept Wednesday High - And 4H created bearish FVG's - If Price wants to move higher on the Higher time frames, the only logical place for me is the Daily FVG or the Breaker Support - The short is based off 4H Bearish FVG, which created a 1H FVG - Looked for 1min Entry. 1min...

Phronesis_Flow

Trade Idea: -EU Struggling to trade Idea - After Sweep of Wednesday Highs, Price Created 4H FVG lower - The Only Logical Target would be the Daily Breaker Block/ Daily FVG -4H Timeframe Already Expanding away toward the Lows off 4H bearish FVG -1H FVG's can give Context to go lower Using 1Min or 5Min Entries 1H: www.tradingview.com

Phronesis_Flow

Decisional Region for Directional BIAS for the next couple of months -Should FVG's be created inside this support base, I expect bearish prices for EURUSD toward 1.06900