Good morning investor, after a reaction in the extreme overbought zone (OB), we've seen a positive response. We might be heading towards the previous high and potentially gain up to +100%
After taking a Weekly high and the buy stops at that level, price created a bearish orderblock on the daily timeframe and bounced back perfectly at it around 2035 this last Friday, now price will likely go for the sell side around 1973.
EURUSD left equal highs around 1.10173, price will likely take the buy stops after closing the fair value gap between 1.088 and 1.083 or it can stops at the 50% of the fair value gap which is 1.085.
I am going to sell EurUsd around 1.03 price level. Entry is based on the 5 min chart. Looking to take out the 1.01 liquidity. I will update my entry and stop loss here!
I'm very glad to see price deliver efficiently as called in the previous week. Please do support me. THANKS
EURAUD we are expecting a drop on Australian dollar as of NEWs impact is on our side NOTE: BE AWARE ON NEWS BEFORE EXECUTING
Daily: there is a BISI where price is currently finding support 4hr price has taken out asian low/ sell side liquidity, also seen on the 1hr 15 min price has broken short term high creating a FVG and order block that will be a area of interest for longs
USDCHF Bullish scenario for price rebalancing Before a move down
after talks of interest rates still high by the FEDS the market traded lower -0.85%, price swept buy-side liquidity of the previous day’s high and closed below the previous day’s low signaling a potential bearish outlook for Friday. There was a structure shift seen in the 4-hour time frame with multiple bearish fair value gaps, which can also be seen in the 1-hour...
NZDUSD Pressure on the upside to the POI as bears seek more orders above the fair price line. As for our HTF order flow is BEARISH but we wont stop hunting for profits above price
The idea is to find liqudity as price moves from discount to premium with our guide from 4hrs timeframe PD Array.
I really like to se this scenario taking place for the rest of the week but it can keep runing higher and se some tipe of retracement friday. Waiting for poweel speaks 16.35 EST today for confirmation.
In case of a reversal from these levels, we could see a further move higher before displacing towards lower prices.
We reached an interesting area that set the stage for a potential reversal or a breakout with continuation. Either way, the next move will be an interesting one. Currently sitting on my hand, waiting for price to show the way :)
Looking ahead to the NY AM session, a bullish weekly profile so far. Monday's session established an Opening Range High for the week, a common occurrence for the first trading day. Anticipate a decisive move away from Monday's high, targeting opposing liquidity as a potential manipulation. Pay close attention to the 10/23 9:30 LOD (Low of Day), a crucial...
Following an inverse session against the indices, DXY took a sharp dip, signaling a potential shift. Anticipate a rebound in DXY as part of a strategic manipulation within the weekly profile. Examining the 12HR chart, a conspicuous buyside imbalance presents itself, offering a potential opportunity for a downward move later in the week. Historical reference...
Dollar has been trending up lately as we are now in the 2-2.5 zone of a Daily (1D) timeframe "Breaker". An area that we can see a retracement (in this case). A think this weeks price action, can set up us for higher prices and not a complete correction. Targets: - 105.975 - 105.868 -105.772-105.732
Price Accumulating higher as of this upcoming week, as we wait for buyers to trigger high time frame key levels to be taken out before sellers dominated in mid weeks price decline.