- approaching an area of sell orders and have taken buyside liquidity - targeting 150.000 region
- Sweep Tuesday's high respect this 1h bearish range and bleed from there
- can hedge buys towards previous weeks high - can swing from the premium of that leg
- next week should distribute higher to 1.07716 - we have already made the manipulation
- given that august fails to close above Julys high, then dxy continues bearish - targets may change as new monthly candle prints
- My draw on price is the PWL - I believe EU has priced in HOTW yesterday - For context GU has taken yesterday's high so EU should protect it - My entry is at the London highs
- I believe that the PWH will stay protected - My narrative is that we will take Mondays (todays) high and price in HOTW either tomorrow or Wednesday - PWL seems like a reasonable draw
- DXY is yet to take a PWH which lines up nicely with GU to take PWL as the present draw - following the weekly cycle, we can see potential buy setups forming after we sweep this low - next target should be 4h recent high easily to form 4h range
- I don't usually trade gold but this setup looks clean - currently very bullish and have just played out of OTE area in the 4H range - a nice 1H range forming to take the swing high 2081.46
- MMSM confirmed as we have taken buyside and pulled into a premium in weekly range - 1.05161 is the target
- this week is packed with news - my eyes are still on the recent daily high
- we are currently trading within the premium of the 4h range - lots of liquidity to target below as well as imbalance - ultimate target is daily low 1.22741
- in order to create 4h range we must break this 4h low - lines up with EU nicely - daily high is still the target
- pulled into premium within the 4h range - 15m MSS - waiting for 15m range to form to confirm entry - daily recent low look like an easy target
- we can see a potential reversal here after sweeping SSL - we are currently continuing downwards into more discounted levels within this weekly range
- expecting buys tomorrow as we are lining up nicely with DXY - extended target to 1.23 region
- after nfp we can see a big expansion to the upside - 1.218 region as a minimum target for buys - APM and other fundamental events can affect targets and continuation areas