As it is seen on the chart, the anticipation is an ICT JUDAS SWING targetting the buyside liquidity(BSL) once the hunt is clear , we'll be looking to sell under the impact of the NY SESSION economic news more updates will come after.
this a follow up on the wider view of our bearish bias today
In this chart we can see a very good bearish signal and we'll be looking to go short on the cable we're breaking lows after every retracement and until we've cleared the 'draw' we are bearish this a continuation to fridays' monthly open . Good luck and goo trading ALWAYS BE REACTIVE NOT PREDICTIVE
well, its pretty clear that we're bearish on gold I'll be waiting for a run above the Asian range high to trip buyers in and then continue with the trend downwards this will form an ICT Judas swing for a bearish day so wait for a stop hunt above Asian high and follow the trend, the high of the day has to be formed after the run on stops and during the London...
After that early day pump we'll be looking to join the move this pair is a clear long from the price action and the ICT swing low that we have. we'll also be keen on breaking a recent swing high to set the monthly bias on this chart I've highlighted the POI's we'll be looking at; in the London session I'll be keen on the 38.2 fib level coupled with the rally base...
As we can see all the bsl and ssl... this will be a very good trade to start us in this week be ready and reactive all the best
So after the feds hiked the rates of gbp , our expectation would be a strong gbp. Also fueling this sentiment is the promise to hike the rates higher in july...till then we'll remain on this pair. we've also gotten a bullish confirmation on the daily chart due to the swing low we've created on this chart we see a dbd supply level which can serve as scalps back...
We'll try get an entry in that OTE ...the aim being taking out today's high Good luck This comes as we're in a bull run and we'll capitalize on liquidity above SSL's
On this I think its pretty clear we're on a bullish run...what is it that the wise man said, if you can't beat 'em join 'em same case here we'll be looking to be bullish on USDxxx pairs and bearish on xxxUSD the bias may change once we grab the liquidity up there on its previous high keep checkin on it as the dxy shows the strength of the dollar and so far...
From this daily chart its logical to look for sells at around 1880 level which is resistance level (50 fib ) if we get clues of weakness in gold around that area we'll look to strike Also there's a bearish order block coupled with that 50 fib resistance..if we respect it we should be good for a good swing sell. ideally our stop losses should be just above the Ob...
from this weekly chart i see an HnS pattern which if respected we could see gold fall to $1665. It is at a pivotal point which i think will give us very good swings whether looking to long or short. we'll monitor it closely on smaller timeframes. Now, from this chart I'm biasing to see a long term sell if gold prices don't breach the 1879 level . Further...
With this we see a 5 wave correction inside the tringale signaling end of the bullish run
this a chart that shows all two expected outcomes sells will be valid at 2021 buys are valid from current price but best entry would be at the fibonacci level 73.6 ill post a sell scheme in a few but this is majorly a buy idea
In this chart we see hoe the pound dollar may make its way up in value as all the clues are ligning in order . we closed above the h4 61.8 fib level which can be seen as the end of the retracement to this months rally....i will be expecting no further drop in value in this pair and any buy orders are now valid .if the level holds we'll be looking to recouperate...
After closing down the h4 23.6 level we willl be seeing a further decline of the pair to at least the level 61.8 on the daily
this here shows a small move we anticipate for dxy to make, after breaking out of the rising channel it then completed the 5th wave and we are now seeing a correction ,the abc correction. this will be true only if the dollar index won't breach the high of wave 5,,,in which case this will only mean that the elliots wave analysis will be wrong and discredited and...
we can see a sort of a cup and handle pattern on this one...best buy would be at point 5....watch this move
as witnessed we have a 5 point diagonal trading triangle which at reaching stage 5 we get reversals...in this case dxy will be a long after getting to the lower trendline of the current channel...although first the supply of the resistance will push the dxy a little lower and if the lower trendline holds or doesnt....dxy will still be a buy above the...