EURUSD has established a low which is in the proximity of the ICT OTE which makes the stage a suitable entry for swing traders.The correlation with the DXY is in tune as DXY is targeting sellside liquidity pools
EURUSD has tracked back into the Daily 50 percent and we have reached the sibi which needs a downward reaction for there to be confirmation of a higher timeframe sell.A lower timeframe market structure shift will confirm this bias and this will be on the 2h.
EURUSD has done what most are waiting to capitalise on which is the sell side of the market maker model this may take 1 day to reach the sell entry
EU has taken its' sellside liquidity which is the first confirmation of a potential buy to the upside.A buy entry can be netted early on the 1 minute chart through a breaker block or an inversion.Target is the higher timefram zone indicated and this can be trade held for 3 days netting 50+ pips
Sellside liquidity has been tapped and we are awaiting a thrust to the upside.This is a high probability trade if the buy entry alligns itself.Early Buys can be camped out at the 1 minute chart through inversions
As analysis has shown the NFP buys were the last exhaustive stage of buying as the market maker seller model is getting in gear,it's in the early stages meaning swing trades and can be staged here.
Xauusd has left alot of imbalances and the previous NFP just gave it drive to go past the buyside liquidity and tap a fair value gap which will display a market maker seller model on the lower timeframe.
Gold will be showing bearish for the following bearish movement, even though I am a scalp trader this trade if analyzed by a position or swing trader they will see a decent trade because the shift of market structure is imminent.
Just a detailed explaination what currency pairs we gonna be lookin at this week
as we see the market ranging we cannot unsee the market patterns
As of my analysis USDJPY is showing signs of a impulse towards the upside