traderxel

traderxel Updated 

Would like to see FOMC send us higher into daily -B and -FVG and send us back lower

traderxel

Bearish scenario in the event CPI numbers show inflation is worsening

traderxel

Bullish week scenario. If CPI numbers coming out Friday come down it could give us reason to be bullish for the week

traderxel

Price is all gas no brakes out the gate through the first half of the week. It runs up and grabs the daily liquidity above equal highs. There is also a weekly breaker, daily gap and daily breaker up there. This would give price A LOT of liquidity to run back down and take lows at 3759

traderxel

Price gaps down Sunday night and fills some of that imbalance set today. It runs up Monday-Wed and then reverses back down towards the end of OPEX week into the weekly lows.

traderxel

Price could trade up into a weekly gap, retrace back into the daily imbalance and then head higher for daily high liquidity.

traderxel

Price chooses violence taking external BSL to external SSL liquidity

traderxel

Price guns for the lows early in the week. Grabbing liquidity and rocketing back upwards towards equal daily highs and the weekly gap

traderxel

Price trades up to the bottom of the breaker ahead of CPI and PPI news. News triggers us to sell lower down to the weekly gap

traderxel

Over the course of this month I expect price to try and fill the gap at 3927

traderxel

With it being such a high impact news week price could head and take out weekly lows at 4093 tonight/Monday morning. It then could trade higher with BSL drawing price higher. Ultimately this would give us enough steam to go down and close the weekly gap at 3928. (Don't think we'll get that low this week but maybe over the course of this month.)

traderxel

Price could gun directly for the weekly lows and gap below without retracing first. This would give price a lot of liquidity to head higher

traderxel

Price could run up into the weekly gap, daily gap, and daily -br to come back down and take more weekly lows

traderxel Updated 

Price traded down into the daily OB today and quickly reversed back up. I think we should continue to trade higher into BSL before ultimately coming back down and taking out 4130. We do have big tech earnings later this week + GDP numbers Thursday, and PCE Friday. Powell also speaks next week. For now until price shows me it is ready to go lower in a key area I am...

traderxel

Price guns for the SSL early in the week. GDP and PCE news Thurs/Friday is better than expected and price reverses heading back up to DFVG or DBSL

traderxel

Similar to idea 1 but price retracing higher up into the -OB. Price closed a weekly gap and daily gap grabbing SSL last week. Price could retrace back up into the -OB and drop taking SSL with GDP & PCE news Thursday/Friday being worse than expected.

traderxel

Price closed a weekly gap and daily gap grabbing SSL last week. Price could retrace back up into WBR and drop taking SSL with GDP & PCE news Thursday/Friday being worse than expected.

traderxel Updated 

Price still hasn't retraced from yesterdays run up and set equal lows last night. We are in a daily breaker so i'm looking to see if we run the top of that and then come back down. Not in a rush to go long or short here.