FURTHER DOWNSIDE FOR EG. POSSIBLE MANIPULATION TO THE UPSIDE. ALL NOTES IN THE CHART.
pdl yesterday turtle soup or shift in mkt structure????
this m15 ob is the only reasonalbe launchpad i see dxy buying from today. if it is violated setup failsss.
seems like the best place to make the hotw at 140.00. a nice 4hr ob lies there waiting for price to rto. the sell at 135.50 is low probability. we'll see how price reacts there before puting on the trade
Price has fallen well below sunday opening price and it might drop furthrer into discount to form low of the week at any of those 2 price pioints. the eql lows formed last week is pretty sus , it might be ran , it might not. eyeing the reaction of price to any of those 2 levels called out cuase of the high probability 4hr order blocks there.
it is currently at a bearish brkr / bearish order block. if it violates the ob the setp is invalid.
EG has lingered around the bullish brkr from friday, so i see it buying up ;.tho the only reason i see the setup failing is cause of the imbalance formed in mondays asian open. it might just come back down there. also there is a low probability bearish ob at 9090 to 9095. sell there?? . then the highest obstacle th bull run willl face is the order block that...
dxy might come back upp to do one or 2 things like closing that imbalance and getting some bsl before selling off
might be retracing to the bullish brkr formed on friday or the high of the week. if it breaks 9150 setup is invalid
dxy is heading to a h4 ob that looks likely to sell from there. this is an unusual monday so hands off the market till entry point is tapped.1.3288 is a very likely sell stop taht will be run hence the buy at 1.3320 is low probability.
its monday , rules are dont trade majors today. waiting for a retracement into tuesday to slam the buy.
LOOKING TO LONG AT 1.1860 OR 1.1838 MORE PREFERRABLY THE LATTER, DEPENDING ON WHAT DXY IS PAINTING WHEN/IF PRICE GETS TO THOSE LEVELS.