Suffolk_Enterprises

Suffolk_Enterprises

I'm expecting a bearish week for DXY, I believe we are heading for the weekly volume imbalance at 97.2.

Suffolk_Enterprises

After a choppy week, my bias is still the same. I believe the price is heading for the weekly volume imbalance. Price has been stuck in a tight range the last few days of the week but we are starting to see an accumulation of buyers wanting prices of this range. I think we should take BSL early doors next week, with some large ranged bullish days ahead of us.

Suffolk_Enterprises

I believe the next draw on liquidity is the FVG at 102.108 - 101.994.

Suffolk_Enterprises

Neutral bias, however I believe the next draw on liquidity is 1.08412 - 1.08531.

Suffolk_Enterprises

I believe price is heading to the weekly volume imbalance.

Suffolk_Enterprises

As the year quickly comes to a close, I can see the price draw to the 1.06000 - 1.07400 level before the yearly close. Expect this due to the weaker dollar that we have been experiencing over the last few months. I believe once we get to the 1.08000 level we could start to see a correction in this pair.

Suffolk_Enterprises

The long setup on 5m. Price came down OB and FVG with a market structure break. Price was quite choppy during trade but held strong and hit TP.

Suffolk_Enterprises

I didn't enter this trade, however, this is the trade I forecasted this morning. I missed entry because I was backtesting, very frustrating but there are plenty more opportunities. You cant catch them all.

Suffolk_Enterprises Updated 

Price is starting the week looking bearish (for Monday). We have a considerable liquidity void that must be filled between 0.99350 - 0.98700. We could see a price increase into Asia's low and retrace to the downside. I will be looking for entries between 0.99400 - 0.99550.

Suffolk_Enterprises

The trade idea that I set out this morning went to plan. Please see the previous post

Suffolk_Enterprises Updated 

After a heavy few bullish days, I think we may see a retrace ( to the area marked on the chart ). However, for this afternoon's US session the rally may continue. The daily chart is still very bullish, the dollar is still bearish. We made need a healthy retrace to balance the price for further upside. My overall target for the next few weeks is 1.0250.

Suffolk_Enterprises

The setup finally played out, took much longer than expected. I think markets were waiting for the US session to start ( more liquidity/volume). I closed my two positions at Asia high, we could see price run further later on in the session. USD news is out at 3:00 GMT. Staying out for the rest of the day.

Suffolk_Enterprises Updated 

Long setup, Dollar is starting to slow up and show some bearish signs. I will be long on the euro, however, ECB has many news releases this week. Trade with caution

Suffolk_Enterprises

The dollar is weakening, here are my targets and critical areas on the daily chart.

Suffolk_Enterprises

Long play, potentially. Daily chart, if we break 3800 could see a retracement up to the 3900-4000. I believe we are in a consolidation/ accumulation phase. just waiting for a break out.