4H Price ran into weekly FVG- and saw a rejection We waited for 2 break of structures to confirm trend change
4H Price ran into weekly OB+ and saw a rejection We waited for 2 break of structures to confirm trend change
Price tried to break lower but got reversed & broke higher. This has trapped a bunch of seller. When they exit, it'll create a bullish trade idea. We can trade along!
ES1! / Emini / S&P500 is bullish on all timeframes - M/W/D Weekly even rejected off a Monthly FVG+ Price has also created a Daily OB+ We are looking for any reason to buy on 4H or lower GLTG
Weekly created FVG Daily came and tested that FVG, created an OB in the process We look to trade a 2H OB+ zone within that Daily OB+
M/W/D are all bullish Last week created a bullish FVG This week, Daily created an OB+ We plan to trade a 1H OB+ within that Daily OB+
Emini on 1H came and had a strong reaction off a Daily OB+. Waiting for a mitigation for a long trade M/W/D are all bullish at this point.
Price gapped up, trapping sellers => LONG trade
First a gap down, trapping longs Then a gap up, trapping shorts DXY / DX1! is certainly playing with traders. Note : USDXXX pairs have started moving up & XXXUSD pairs down. This should give an idea of where DXY will eventually go!
This Sunday, DXY / Dollar Index / DX1! gapped up, trapping a bunch of shorts. When price comes back to them, there's a high probability of them exiting - giving us a long trade!
Trapped buyers => SHORT trade!
EURUSD is hitting some weekly order blocks and is at a potential inflection point. It could go higher searching for liquidity, or could turn down from here. Interesting point to note, US Dollar / DXY is also at an important (& opposite) inflection point. So is GBPUSD. Follow me for more analysis & trade ideas!
GBPUSD is nearing some very potent bearish order blocks on the weekly chart, which can cause price to bounce back (at least temporarily). Also, the price delivery while going up is very clean and has no apparent open bullish order block. So if it falls, there's nothing to support it. Also, DXY and EURUSD are at their support & resistance (respectively). So this...
Here are some areas on DXY / Dollar Index / DX1! which are potential areas that could trigger a reaction. Remember, don't trade these zones by themselves - but use a lower timeframe, like Daily or 4H to find the trading opportunities. These zones on the weekly chart are a reference to what are some primed areas based on the history played out!
There's a liquidity buildup happening behind recent lows on 4H on USDCAD. Right behind the liquidity is an area where a bunch of shorts are trapped. This zone could be a great place to take a long position.