Current market structure suggest price is currently trading within a descending triangle with a morning star pattern indicating a very bullish move which could break above the wedge, take a little dive before continuing towards the upside. This unless of course btc has anything to say😁
Bearish pressure on the dollar index. There has been strong bearish pressure on the dollar currency. And very much, price seems to have a hit a major resistance.
This is purely forex strategy based on liquidity and used and taught by a legend Michelle j Huddleston
Alright folks, just bare with me on this analysis as I think we are at such a pivotal point in the current state of our markets and economy. So lets begin, this idea at the moment will be posted as neutral. From a Technicals standpoint, I am a trader that follows some ICT methods, along with Wyckoff and others work and combined it into my own Strategy. I play...
Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER , As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI). Looking at the chart there is a draw on liquidity I marked...
Break of Market Structure (BMS) occurred indicating bearish power is still present after yesterday's re-bounce. Will be looking to enter off of the LDN Session killzone
Possible bottom for EU has formed and a reversal to the upside. After watching price jump dramatically on Friday I'm expecting this trend to continue this week. Expecting little movement today in anticipation of USD retail sales which may also help with an EU continuation Let me know your thoughts in the comments below!
looking for a push up to the untested Ob then a good rally to the downside. stay posted.
Full explanation of entry into a long entry on GJ
Price has gotten to our POI meaning we reading to go short cause our order block has been activated
Price broke bullish structure (seems more like a pullback to me to get long) into bullish breaker and we saw price move aggressively to the upside. Price is trading in a range now, a swing low and a swing high has been highlighted waiting for a bullish or bearish break of structure.
US Dollar advances to two month peak. US dollar gained traction after the U.S. Federal Reserve struck a hawkish tone on monetary policy. However, In the following next trading days we are likely to see a minor pullback on dollar index before Bullish trend continuation.
US Fed matched wide market forecasts of keeping the monetary policy intact but the quarterly economic projections were the key. The policymakers not only revised up the near-term GDP and inflation forecasts but also pumped the rate-hike expectations, mostly known as dot-plot. As per the latest update, US GDP may grow 7.0% in 2021 versus 6.5% previous whereas the...
U.S. Treasury yields were steady on Tuesday ahead of the conclusion of the Federal Reserves two-day meeting on Wednesday, which will be watched for any signals on when the U.S. central bank is likely to begin paring its massive bond purchase program. Benchmark 10-year yields were little changed on the day at 1.499%. They fell to a three-month low of 1.428% on...
EURUSD D1 Candle forming an OTE, Entry Level will be 1.22939.
EURUSD D1 Candle forming an OTE, Entry Level will be 1.22939.