wikissek342

wikissek342

H4 downtrend reach extreme strong high and took liuidity. Price cause bearish internal CHoCH, this could mean that H4 pullback completed its objective and now is ready too target weak swing low. But with cautios because recent bullish momentum is really strong.

wikissek342

As always new week in front of us and new opportunities for us to enter the market. There are twoi main POI where we can go long for new HH on H1. Because market already took interesting liquidity, the buy can happen immediatelly after market open.

wikissek342 Updated 

We have a nice liquidity bellow current price on EU, price probably should go there to take that. After that we can expect some upmove for new HH on h structure.

wikissek342

Interesting points where to find some buys.There is nice confluences at that area that I marked on the chart, hopefully market will take that liquidity and we will se another push up.

wikissek342

We reach the bottom of 4H uptrend and we can expect some CHoCH on SMT and then continue up for creating new HH.

wikissek342

In my opinion next week will be bullish for EU, before we reach supply abow and some long term pullback on EU will be posible.

wikissek342

Almost every time when we build liquidity under us we have sharp move to grab that. Posible similar scenario now, we build trend line liquidity bellow and we have to take it. Liquidity abow curent price is already taken so we can fall down for liquidity under. Price target is the wick of impulsive move up .

wikissek342

Decent PA on DXY, huge liquidity bellow 101.290 that can send us up to 105-108. DXY is the most shorted pair in forex curently, so if we see some bullish reaction after taking that liquidity we will se a extreml bullish move up without pullback or some retracement.

wikissek342

We are acctualy in liquidity pool. Chance that we drop from here is low. We can expect at least one push op to tak liquidity from some high and then dump maybe up to new low.

wikissek342

Price reach HTF supply where Daily pullback can happen. But what I expect now is push highter for new high. Most likely it can happen in prices that I market out. Our view on E/U for next week is bullish.

wikissek342

Hourly uptrend showing us that EU want to continue up, we expecting price to take liquidity under 0.618 fib lvl and then continue up.

wikissek342

DXY is in 4H bearish trend. We expect that trend will stay until reach some turning point whitch didnť happen so far in my eyes. We expect continue structure from supply or liquidity grab.

wikissek342

In my opinion places that i draw on chart can be a nice opportunities for some trade setup on LTF. Hard to say market direction for now because we have a lot of upside movement recently. Supply that we actually approaching can send us at least make pullback, but if market want to go up, values where is resting liquidity, marked xxx on the chart can be nice turning points.

wikissek342

On Daily TF we tought 05. fib lvl and took liquidity is area of supply. Propability that tric retracement is over is high. We can catching short in supply create before H1 CHoCH or after taking liquidity from high that supply.

wikissek342

Nice PA printed on AU, we take liquidity on 8H chart sell off after that. After that we have CHoCH on M15, we get back upside but left liquidity bellow, it is very likely that if price visit these supply that we can get nice entry to short. Adjust your target visely.

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wikissek342

As I sad, 20 rr secured, entering on demand after liquidity sweep.

wikissek342

Beautifull PA on UC is printed last friday We have liquidity sweep in last 4H low. Then we seen push up. Curently we siting at M15 strong high. My expectation is that price can go little bit highter and then slowly selling down for that demand that I drow. If we get nice confirmation in this area we can get nice trade of that. All demand behind are filled. Exapte...

wikissek342

2 possible scenario in my opininion. We seen last week huge push up and broke 4H structure. In my opinion is just because to retrace Daily structure. We are now very close to daily supply from where we will see at minimum some reaction to downside where we can catch shorts. How price can get there you can see on my chart.