Anticipating a turtle soup on US30 on the marked areas. Turtle soup is a fake break out. After that I want to see price buy.
US30 has already cleared the first area of liquidity and this week I will be anticipating that the second Draw on Liquidity will be cleared for a possible longterm buy. With that, I expect that the areas of inefficiencies will be cleared first then the price will run to buy-side. When there is an area of inefficiency and Draw on Liquidity, the price will...
DXY which is a great indicator shows that the downward trend is set to continue and with this I expect the High of the Week to be formed at the inversion Fair Value Gap. With this I will expect the price to reach sell side.
This week DXY is poised to go lower and I will be waiting for the high of the week to be formed at the inversion Fair Value Gap. We have seen DXY trend lower in the past couple of weeks and I expect it continue with the same trend
Gold has to retest the FVG in the weekly timeframe so that it sells to the areas of the liquidity void.
I'm expecting gold to drop and retest the previous week's low and form a new low of the week. From that point, I would expect it to keep rising upto level 2000 Institutional Price Level
EURUSD, My thought process. The current low of the week was formed yesterday and with a break of market structure already in place, I will be anticipating that price will drop and mitigate the FAIR VALUE GAP ( which is an area of inefficiency). However my best entry price would be the retest of the current low of the week. This is a very powerful concept in...
I would still like to see the DOW drop to areas of deeper discount to form the Low of the Week. In instances like this I wait patiently for price to hit a well defined LIQUIDITY REFERENCE POINT and from there I can attack. Incase it fails to reach to those areas, I will react to the information being relayed at the time.
I would like to see us30 slide into zones of discount to mitigate the areas of inefficiencies.
Gold has broken the liquidity reference points which are the ORDERBLOCKS and with this, I expect to see a further decline in price during the NEW YORK session. Hence I anticipate a second leg distribution during this time.
The FED indicates that there is a 68.2% chance of going into recession in the next 12 months. There have been rising interest rates, increased unemployment, and increased prices of goods and services since most businesses have reduced their production. TECHNICALLY I interpret this as the Fair Value Gap in the weekly timeframe being filled before DXY starts...
US30 is soon going to buy after forming a bullish judas swings and my anticipation is that it will fill the areas of liquidity and proceed to buy.
Gold has broken areas of significant support and with this, I expect a sell today during the New York.
I'm expecting the sell-side imbalance buy-side liquidity (SIBI) inefficiency to be taken out so as to keep dropping down in accordance with order flow.
GBPUSD is going to create the High of the Week as it it's still bullish. Entry at those points will be the best bet.
The daily FVG on GBPUSD was filled yersterday. Today we have seen price reversing on the imbalanced area. We shall wait for price to test the 15 minutes breaker block before going in again. This is a long sell as big institutions are still short on this pair. Use proper risk management for effective trade management.
US 30 has cleared the Buy Stops resting in the weekly timeframe. There is a clear trend change and with this, I hope to see a continuation further especially this week.
GBPUSD has formed a break of market structure in the 15 minute timeframe with a daily orderblock being formed at the 4 hour timeframe. We expect it to have a short sell before it beging rallying down.