Good Night Traders,
Here of my Macro Analysis :
First one we tell the History :
For the daily chart we can see double top, the first reversal top due to good news for US and the second one is from last resistance and continue with a pullback before going down, this area has a daily candle with never touch until now making important level, plus there are immbalance/fvg
Current :
Next week we will face resistance at 1920 and POC around 1928, this area will strong enough to hold or making a reversal (old theory)
We have to think big boys move, now every traders many seen good oportunity to bear next week, maybe some structure looks like bearsih pattern, but that just was inducement after NFP and CPI cannot make a bearish continuation
Prediction
Scenario 1 : Monday - Tuesday : If market cannot break resistance + POC, it will make deep bearish
Scenoari 2 : Monday - Friday : Bearish a while and making Inducement and will go up, taking immbalance area, and will drop after that
If you like it, feel free to comment
Here of my Macro Analysis :
First one we tell the History :
For the daily chart we can see double top, the first reversal top due to good news for US and the second one is from last resistance and continue with a pullback before going down, this area has a daily candle with never touch until now making important level, plus there are immbalance/fvg
Current :
Next week we will face resistance at 1920 and POC around 1928, this area will strong enough to hold or making a reversal (old theory)
We have to think big boys move, now every traders many seen good oportunity to bear next week, maybe some structure looks like bearsih pattern, but that just was inducement after NFP and CPI cannot make a bearish continuation
Prediction
Scenario 1 : Monday - Tuesday : If market cannot break resistance + POC, it will make deep bearish
Scenoari 2 : Monday - Friday : Bearish a while and making Inducement and will go up, taking immbalance area, and will drop after that
If you like it, feel free to comment
