kamaricolmn

kamaricolmn

I have a bullish bias on DXY. I am waiting for its chart to take Fridays LOTD. Once this happens and I see bullish price action play out on that chart im going to look for bearish price action on GBPUSD as well. My first target is going to be the daily low we made on Nov, 13, 2023. Make sure to like and follow for more updates on where price will go next. As...

kamaricolmn

I am bullish on DXY. EURUSD I have a bearish expectation. Depending on its strength/weakness as the week progresses I want to see price push above Fridays HOTD and then see us make a move down towards our most recent low. IF EURO shows extreme weakness during the weak we could fail to take Fridays HOTD and make a lower timeframe lower high and start selling. The...

kamaricolmn

I will be checking in on this chart as the week progresses to see if I will be favoring EURUSD or GBPUSD. Last week Euro had bullish momentum. We are coming into a potential rejection zone for EURO. If that is the case and we pair that with a bullish narrative on DXY, we should see accelerated movement lower on EURUSD. I will make updates to this post as well as...

kamaricolmn

As I stated previously in my posts, I had a bearish outlook on DXY. We have pushed lower into the expected support zone. I am expecting price to push lower below Fridays LOTW before we start to see a nice push higher. First target for bullishness on dollar is for price to push up to those equal highs outlined. As trades are taken I will review entries so like and...

kamaricolmn

As I am bearish on DXY I am bullish on GBPUSD. 1.2457 pierce is my personal confirmation to look for a push up to 1.2483 area. Remember disrespect of gaps that form in the opposite of your bias should confirm that your bias is correct. Like follow and comment I will be a lot more active on here. At least one post a day minimum.

kamaricolmn

Referring back to my earlier post price is printing bearish. There is a bearish 5 minute candle that printed between 8AM and 8:30 that I want to see act as resistance. Looking for price to head down towards weekly discount level marked by lower red box

kamaricolmn

We have pushed into that gap and taken the previous weeks low. Only reason I am still considering shorts at the moment is because a discount price has not been achieved yet. Once 8:30 news comes out and more candles print I will give what I will be looking for to turn bullish and what I want to see to remain bearish. Like, follow, comment and if you’re new here...

kamaricolmn

Good morning. Markets had some beautiful movements yesterday. Monday we took out HOTD from last week Friday. Yesterday we saw that nice expansion with 9:45 news. Highlighted on the chart I have that liquidity void shown. I’m expecting us to reject out of this area and move to create a new lower low on 1 hour timeframe. We are currently inside of the weekly gap we...

kamaricolmn

Will be looking for bearish price action in highlighted box here.

kamaricolmn

Will be looking for bullish price action in highlighted blx

kamaricolmn

Refer to my DXY analysis for details. My target area for GU to bounce was not hit but bullish bias is still intact. GBP has strength at the moment so it not selling down all the way to support is not a reason to invalidate bullishness today. When the price highlighted on DXY is pierced I will be looking for a gap on GBPUSD to enter a buy position more than likely...

kamaricolmn

As I stated before dollar hit my rejection area. If you check the economic calendar we had news for GBP @4:30. We created a bullish gap when that news came out. This set a stage for my trade idea for an entry. Why? My bias short term is bearish and I have a bearish target. Disrespect of a gap that was created in the opposite direction of my bias would validate...

kamaricolmn

Breaker block rejection zone was reached. I’ll be waiting for by open to start moving price again before I enter any trades personally. We have news coming out this morning and price action is supporting the short term bearish movement. Next update should be a trade idea for a sell down

kamaricolmn

refer to my DXY analysis for reasoning on this trade. They have negative correlation

kamaricolmn

This is more than likely the first trade im going to take this week. Im looking for dollar to be bullish overall but I tend to trade what I see. Price has taken a previous daily high (Friday HOTD. Since that liquidity has been taken and price has moved away from it, we have started to form bearish structure. In a separate Idea I will highlight what areas of...

kamaricolmn

I am expecting price for this weekly candle to close bullishly. Looking at where we are in price we are approaching a Daily gap and a Monthly High. Being that we are so close to these to high timeframe targets I am not expecting any kind of deep retracement to happen this week. At most I would want to see no more than the LOTW last week to get taken before we...

kamaricolmn

I like price to be bearish going forward. We have taken liquidity above a daily candles high I want to see us press into that green box. It should act as resistance and push us to break 106.109 and this will be my green like to sell dollar for the remainder of the daily/4hr retracement

kamaricolmn

To go in line with my current DXY bias based on current price action, I want to see this Daily Order Block traded to as a target going into today. 1.2720 is my one and only target from where we are currently. Time is 6:35 AM eastern standard time. I’ll post my personal entry if and when I take one during NY open. If nothing is provided then I’ll sit on my hands...