Generally a bullish market, price is expected to break the current demand zone at 1.2435 downwards and fill in the void below down to the optimal trade entry where the institutional traders will be building orders for London killzone. the bullish movement is expected to break the current high at 1.2586 and form a new high at the supply zone or clean high at...
the market is currently in a downtrend with the series of lower lows and lower highs maintaining the market structure. the bullish run on Friday moved price towards correction to pick the liquidity resting at around the 153.27 zone to form another lower high while a new bearish expansion run is expected. this is a move expected to break the previous low at 150.65...
price went into making the correctional wave pattern after the impulse move from equilibrium. Markets closed with price still bullish on Friday to signify the last wave of the correctional move which is expected to give the bears back control of the market while they aim to push price further below the 1.3731 three (3) weeks lowest low. Our entry is expected to be...
generally the bears are expected to control the market for a while after the long bullish move came to an end the weekly equal high. a retest of the liquidity zone resting above price is expected to give the entry for the long bearish move.
the new trading week is expected to come with judas swing pushing price back to the liquidity resting above before the bearish movement starts.
a more detailed breakdown of the expected/anticipated movement on DXY. Price is expected to break the demand zone at 92.01 and fill in the imbalance below. a correctional move from the 91.48 zone is expected to retest the broken demand level. the final impulse move is expected to start around the 92.20 price point after clearing out the buy stops resting above liquidity.
the daily market structure highlighting the price algo movement. i expect price to fill in the imbalance resting below followed by a pump in USD to test the high at 94.68
a reentry on the price point to engineer liquidity for the bears and push price further downwards.
price broke out of consolidation as the bulls finally took over, but with price at an OB zone, i expect the broken demand zone be retested thus giving room for entries.
the bulls season came off the back of a weekly swing high at 0.9272 with the rejections signaling an end to the bears reign, i expect price to really down to the 0.9004 zone to cover up the liquidity void left on there.
price is expected to reject at the demand zone and move in a range.
with NFP coming up tomorrow, i expect price to move in a range.
after breaking and retesting the support zone , i expect the fall to continue down to 1725.78 or 1677.99
price is approaching a liquidity zone, a rejection to the downside is expected.
price broke through the demand zone as anticipated yesterday and engineered the liquidity resting below. a retest of the broken demand zone with an OB there gives us another entry with price set to go bearish down to the equal low at 1.3675.