you can't see anything here on the 15m chart. but when you lower your time frame you start to see something, that something could be useful for your trade.
In this video I walk you through EURUSD from the Yearly Chart, down to the Weekly Chart. Going over levels that have been swept, levels I see as upcoming draws on liquidity, and 3 scenarios I see possibly playing out for EURUSD over the next 1-3 quarters.
As always, good luck, have fun, and practice solid risk management.
DXY has tested 4h FVG which is lined up with 79% of the 4h OTE.
I expect sell off to the 4h Equilibrium. And if it holds this level, it may bring some bulls then.
So I'll cut to the chase, as we may not have much time.... USDJPY Signaling Major Risk Off move, we've only seen the beginning of the "Blood in the streets" "Buy the Dip" moment, IMO.
Take profits, be safe. Protect against Risk Off/Liquidity events, in these globally connected markets...they can cascade quickly, biblically.
4 previous times I've had this...
FTM break market structure at 3h timeframe and make a return to orderblock at 75% fibo (optimal trade entry).
Same pattern in 15min timeframe, trying to get a long position at OTE of the last impulse.
This first chart shows DXY, the Major macro leg it's created over the past 18 months or so, and the Premium (Red boxes) and Discount (Green boxes) ranges, along with the EQ's of said leg. As you can see, we're in an area of Discount. So any "smart money" that shorted/sold that 99-103 (Premium) Range, will now likely be accumulating Longs, in this 89-93 (Discount...
