Given the Durable goods data and consumer confidence data to be released (12:30 GMT ) this could provide a run to the entry before reversing short.
I will also keep an eye on the USDX to see if this also coincides with the expected support at 85.20
On the daily basis, the 9 is below the 18 which adds further credence.
Any comments gratefully received.
This is my first post and I remain and long time and grateful student of Michael Huddleston (ICT)
We broke market structure to bearish and we retraced in NYO into another 1H bearish order block.
So I assume we will go lower today,, although we hit a bullish order block during LO.
So I think lower today, but might be possible tomorrow during FOMC?
Great setup btw
this week almost everyone shocked how US still loosing power ,
FOMC just making USD weaker !! i hope this time not
im waiting for 1.27750 to hold the EUR and after i go short ( in case is not breaking with full body candle )
this is very strong KUMO RES and i chimoku in 30 MIN still is bullish , in 4H showing reverse signal ,