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Here we see price in deep retarcement to fill the bullish daily FVG, the reaction print is a decent reversal with price showing a bit of bulls entering the market, what intrigues me is the tripple top of engineered liquidity above us at 1.19090. I am expecting price to work its waiy to raid that target.
DXY is about to get after it. I think USD has been choked out on purpose as we have been in a currency war with China lately. I wouldnt be surprised if the fed unleashes a fury of king greenback magic.
Given the trade wars and tension rising with USA and China i think we may see AU break down. Because it is NFP i wouldnt be surprised if it rallys one last stop hunt explosion but if tension keeps rising with USA and China the AUD is going to sudder extremely. Stay tuned.
Price action is currently in a space that is really hard to tell what it will do next. There are glaringly obvious objectives to the bottom side and top side. Because price has not broke the previous weekly range, it become very difficult to guage what it wants to do next. I reccomend waiting until price makes a move for the previous weekly high or low before...
Dispite the 100 million indicators and fancy spaghetti charts out there, this price action is all we need. Be careful leverage trading btc if you are long. This beast follows no rules and i feel it is becoming one of the most manipulated instruments around.
Looking for price to take liquid built just above current PA, mitigate into the hourly orderblock there and come back down to scale tp's set at poi's and final tp taking stops and hitting -27 of the fib measurment.
I am not one to give out signals but I know a lot of people are having hard times due to COVID. As in trading nothing is promised and you take full responsibility for your trades. There is risk involved and you can lose some or all of your money, sometimes more. This is for educational reasons and I am sharing what i will be taking personally. Please trade safe. I...
Here we have GU setting it self up to raid equal low liquid underneath. Slightly below that we have three very strong points where we will see GU rally out of as I am expecting increased pound strength coming up. Be aware of BOE raising interest as well, bringing an entirely new strength into play for GBP across the board. Just be patient!