Wasn't trading today, but when I looked at the chart later today I saw this. We got a very nice asian range consolidation and broke above the asian range high during London Open. As we got a interbank daily range we could've anticipated to stay inside this range today, as we've done so far (and probally will). Once we got above above 50% of the range we were...
Power of three on EURUSD, first scaling is done and SL way in profit.
A potential Market Maker Buy Model on EURUSD. Price rejected on a 4H orderblock + retraced to 50% of the recent swing.
Power of three I entered on this morning, first scaling is done and stop in profit. Lets see if we reach TP :)
We got "red" news for dollar today and I anticipate a retracment into the 1H OB and breaker and then take out the sellside liquidity. This swing down could potentially be the low of the week, therefore Iam anticipating a bigger retracement or even a reversal - Lets see!
DXY recently took out equal highs and later broke down and made a break in market structure. Last week we saw a retracement and rejected on a daily orderblock. This coming week iam anticipating a repricing lower on DXY, targeting 92.13 and 91.746.