US10Y - Weekly Buyside Attack! #1
Throughout the week, rates has been predominantly bearish until a break in market structure occurred on Wed 7th Feb 24, 9:00AM, sweeping 6th Feb 24 - 15:00PM sellside before swiftly repricing higher, targeting the prior highs @ 4.169% and rallying up to where we are today.
Studying price action throughout this week, it can be observed that a liquidity void has been formed (highlighted in blue on the 1H timeframe) and throughout the week, US10Y has respected it as a resistance (as seen @ 7am on Wednesday 7th), Thur 8th, 13:00PM as well as Fri 9th, 8:00AM indicating that there is a lot of sell stops below the 4.127% region.
I am currently looking for higher rates at the moment, targeting 4.3%, following the bullish trend that kicked off from sellside was swept last Wednesday when equities opened @ 9:00AM
Interest Rates are paramount to the movement of all asset classes, hence the reason why I place such importance on it even though I do not trade it.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Studying price action throughout this week, it can be observed that a liquidity void has been formed (highlighted in blue on the 1H timeframe) and throughout the week, US10Y has respected it as a resistance (as seen @ 7am on Wednesday 7th), Thur 8th, 13:00PM as well as Fri 9th, 8:00AM indicating that there is a lot of sell stops below the 4.127% region.
I am currently looking for higher rates at the moment, targeting 4.3%, following the bullish trend that kicked off from sellside was swept last Wednesday when equities opened @ 9:00AM
Interest Rates are paramount to the movement of all asset classes, hence the reason why I place such importance on it even though I do not trade it.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Comment:
With 6 high impact news coming out, there's a very good chance for volatility to be present, especially in the US sessions.
Comment:
Buyside liquidity complete
Awaiting a bullish run to Consequent Encroachment @ 4.214%