- Accumulation phase along with low volume may indicate we have started to halt shorting and may return to an imbalance marked by the white Rays, Good signs shown early in NY session, we will monitor this price action as the week continues. Disclaimer : Not financial Advice, I am not a Financial Advisor
Wyckoff Distribute to Accumulate, Ahead of CPI, USD could strengthen and help take GBP higher mid term.
In this idea we’re looking at great volume profile in a Classic Wyckoff Distribution Schematic on the weekly. This higher time frame schematic shows a great bias in direction where the banks wish to take this specific pair. As you can see the final. Upthrust After Distribution (UTAD) was a high volume order area where we can visibly see where higher amounts of...
So here we have equal highs that are viable for stop raids and will continue the narrative of a LONG USDCAD scenario to be continued to play out. After the equal highs are taken we look forward to a decent to the downside giving way for other currencies against the Dollar to recover.
In lue of the equal highs getting stopped and raided, the aud news should be a catalyst to our nice sell scenario. Stay tuned for more updates
So what i'm looking for in the DXY Narrative is some decrease in supply and more demand in other words institutions have met their supply levels and look further to sell DXY as Demand increases for discounts on the Dollar. This will affect every Dollar based pair so look for the disparities in price!
Looks to me as if the institutions are taking price to the upside, In lue of the Long story, What seems to have played out is the sell off right before the up move. Giving us the buy entry Between the 1.29 and 1.30 levels. Since there has been tell tale signs of institutional sponsorship, we are looking for more upside potential to USDCAD
The picture shows possible bank moves and where price can possibly move to.
Wow long time lows time to buy up... we're in pesimism and most investors buy during this time, so my inclanation is that we have our final push and punch our Sniper Zone and we are ... "ALL SYSTEMS GO" to the Moon... So look for , Again, big traders sponsorship.. "Impulse Area's".
If there is a minor continuation on the Dollar, We can see levels as high as 98.00 - 99.00 there has to be big trader sponsorship in these candles to define if we have a bullish Dollar... Say we do? that 70.5% would be our price entry? NO we are just guaging the big trader sponsor ship on grabbing up all the dollar. Seems like they were looking for levels to...
So we sniped a nice sell at the top at 1.8710 looked like the banks would like to play the sell sides while stopping to take out the highs where some sellers may have some stops... So i thought I'd invite myself on this wonderous journey to some prospective hedging opportunities in the near future. Keep an eye on price action as it appears closer to the red...
As you Hone in your scopes you will start to see EUR/USD and the banks in their natural habitat. What we also see is a nice sniper Kill Zone that may or may not happen during London or New York Open. Keep an eye out for this level of 70.5% if you feel brave 62% also isnt bad, but were aiming for some Ozark SNiper Entries here... Stay Tuned
Looking now at a multiple of 20's level 142.60 as our entry, What i'm looking for here is a move to upside to fill in the inefficient gap in the market Highlighted in Light Blue. Our equal highs look to be taken out as well and may also contain some sponsorship by big institutional traders. So look for liquid markets this week and trade precisely like a Sniper...
So ladies and gentlemen as you know we have been waiting on a good trend trade. I feel as if this break of structure is a true break including the strong impulse candle backing the upside close above previously established highs. That being said the Target potential is made obvious for you to see through Fibonacci ratio levels and based on how price...
EURAUD at this moment looking for a buy opportunity on the premise of an upside bias. 120 + pips with 35 pips at risk. Order Block, Buy limit.
We're in a very obvious Uptrend, seeking entry at bank and big institutional levels around the order blocks Optimal entry will be 1st order block and 2nd order block listed on the chart. play price action and wait for a pull back in the "20" price points aka Institutional S&R and seek 62% 70.5% and 79% Fibo Levels for sniper entries,
Beautiful Structure met, supply zone respected, OverBought Conditions, Harmonic Following Fibonacci Daily & Weekly levels also respected. Mid Week reversal expected
We see here that we have some beautiful structure, including two slope divergence, giving us some idea of a Potential Reversal Zone. Confirming that with Price action, Fibonacci Clusters and Candle Stick Pattern. Makes me feel CHF is in the dominate Role here in the pair, leading to our introductory sell to a longer term, "Possibly" Position trade for more than...