As I mentioned in the previous analysis, yesterday was expected to be bullish, and I hope you managed to capture a few pips from the bullish momentum. Today is Friday, the last trading day of the week, so I'm taking a day off. I usually avoid trading on Mondays and Fridays.
This is my analysis from this morning after the opening of the London session. Personally, I won't be trading today due to the impact of news throughout the day, but this is roughly my setup for today. I will share it with you, as I always do, so anyone who wants to trade can take advantage of the bullish momentum today. Again, I want to emphasize that we have...
As I mentioned in yesterday's analysis, the price continued with its bearish momentum and collected the first liquidity (LQY) below. Today, I took advantage of the drop and opened a sell position, which I just closed since the New York Stock Exchange is nearing its end. Tomorrow, we have impactful news for both EUR and GBP, so I will take a break from trading...
As I hinted yesterday, the Euro is moving to collect liquidity (LQY) in the lower zones. However, tomorrow we have very important news at the opening of the London Stock Exchange, which could push the Euro bullish as there are several liquidity zones above on the hourly (H) charts. Such movement would allow the Euro to pick up sell orders and continue with its...
As I mentioned in yesterday's analysis, the Dollar has a strong potential to continue its bullish movement on the weekly (W) chart to capture liquidity (LQY) in the upper zones. Also, let me remind you again that the Dollar is in consolidation on the weekly (W) chart. Tomorrow, we have very strong news at the opening of the New York Stock Exchange, so I will most...
On the weekly chart, we see that the price is following my previous analysis. The price is now creating a potential lower low on the daily chart, but as I see it, the price will continue with the downtrend and form a new lower low below the current level. Today's session closed with a Doji candlestick, which could indicate a potential pullback or the continuation...
On the weekly chart, we can see that the Euro is moving toward liquidity (LQY) zones, in the opposite direction of the Dollar. Before a higher low is formed, the Euro has 3 major liquidity areas. On the daily chart, we see very strong bearish momentum, which will most likely continue throughout the week. On the hourly charts, the bearish structure continues.
On the weekly chart, we can see that the Dollar is aiming to capture liquidity in the zones above. We also see that the Dollar is in consolidation on the weekly chart. On the daily chart, the Dollar is strongly bullish, which indicates to me that it will continue its bullish movement. What happened today is a pullback, which I mentioned in yesterday's analysis,...
As I mentioned in yesterday's analysis, the euro is in strong bearish momentum. What I was waiting for today was for the price to show me which direction it would move. Today, I took advantage of a sell opportunity on this currency pair. Tomorrow, I will also wait to see what happens. What I anticipate could happen is a pullback followed by a continuation of the...
As I mentioned in yesterday's analysis, there is a strong bullish momentum. Today, after the market opened, we saw that the price continued in that direction, following the upward trend. I took advantage of this momentum on other currency pairs and entered trades. On the weekly time frame, we can see a lot of liquidity as well as movement within a consolidation...
This is my setup on the daily timeframe from last week. The setup is no longer valid, as there is a possibility that the price will continue in a downtrend if the Dollar maintains its bullish momentum. I will definitely wait for the market to open on Monday to see how the price will guide me in terms of trading. We shouldn't make assumptions about what will...
As we can see with the Dollar analysis, the same situation applies to Euro/Dollar. On the daily timeframe, we observe strong bearish momentum. During this movement, on the lower timeframes, the price has consistently grabbed liquidity (LQY) in the lower zones, and there is a strong possibility that this trend will continue. What I would wait for is for the price...
On the weekly timeframe, we have price movement within consolidation. On the daily timeframe, there is strong bullish momentum. There is a possibility that the price will continue with the bullish momentum to grab liquidity (LQY) in the upper zones, but there's also a chance it could do a pullback to the point of interest (POI). In the process of reaching the...
On the daily chart, we have a Break of Structure (BOS), and on the lower time frame, we currently see consolidation. What I expect now is a pullback to the Institutional Candle (IC), the creation of a Lower High, and then the continuation of the bearish momentum. But for now, it's important to be patient and wait for the other two points.
As I mentioned, Monday will likely remain within consolidation. On the lower time frames, as well as the daily time frame, we can see that the price has been moving without higher highs and lower lows. Today's session is already bullish, but personally, I still don't see confirmation for a buy. What I am waiting for is a break of structure (BOS) on the 4-hour chart.
We can see that the price is in the area of D Low. This week, the price hasn’t made a lower low, which is why I expect the price to enter a bullish momentum. We have a double bottom pattern as well as a Doji candlestick. Monday will be a slow day, so the Doji momentum will likely continue, but starting from Tuesday, I expect the price to rise and move towards the...
The price is in the consolidation box all week, so i didnt trade. Im waiting for the price to show me where it will go
We have been patient enough, and now we can enter a buy position. I have entered within the FVG.