look it up yourself after today's market outlook. DXY losing momentum on the rally and preparing to tank, while USDCADs Monthly and Weekly trend reaches key levels for bearish momentum and this might be the thing that tips the pot.
Shared another idea ft. Nas100, but US30's price action has been smooth, lots of reentries, tight mitigations, low volume distributions and huge volumes at breakouts... loved this week and I'll seek to push those moves lowers through the start of this week. Has a lot of drawings, but overall everything I detailed this week in my charts, even after ZOOM...
Haven't seen the indices bearish in a while, only for a few hours, recent occurrences throughout the world changed that though. So now we're trying to ride the wave at the healthiest retracement possible. LFG fam!
USDCAD currently creating a sideways channel with clear bearish lower TF structure. I'm positioned on what I believe to be a lower high in the 30min structure. nevertheless I understand the posibility of a market manipulation to the upside and I've taken measures. For example, my entry in the sell scenario is BE and I have a buy positioned at 0.2% risk below to...
GBPUSD is having a meaninful bearish scenario, but currently this bullish price action offers good supply zones at key prices. I'm looking to enter in good risk to reward entries in those zones, blue zones for LONGs and purple ones for SHORTs.