ChartScientist

ChartScientist Updated 

Price has been pushed down to create an equal low. 0.50% Fib retracement has fulfilled from Thursday's high to Friday's low. I anticipate 0.618% to fulfil as this aligns with 4H FVG as marked, before a continuation of price weakening. Targets are as exposed. Both liquidity stops which also align with bullish orderblocks. This is speculative and not financial...

ChartScientist Updated 

GU is currently at a significant level. This region is favourable for short positions. I anticipate 0.38/0.50% fib level of retracement to be swept. This also aligns with daily FVG. This is not financial advice. Do your own due diligence. Longs are then to be expected as COT increases in long positions.

ChartScientist

LTF entries are still valid if you missed a long entry upon daily liquidity sweeps. I anticipate DXY to remain bullish until the rates are announcement on July 26th. Inflation rates are expected to rise, which would attract a bearish order-flow. Nearer the end of July, I will be looking for bearish indications and re-evaluate my current bias.

ChartScientist Updated 

If the market is not clear, don't trade it... study it!

ChartScientist Updated 

Awaiting 1.081 sell-side liquidity to be swept. I anticipate bullish momentum from there with targets of Asian/London highs. This will partially fulfil fair value gaps in the process. DXY is currently losing bullish momentum. This is not financial advice. Do your own due diligence!

ChartScientist Updated 

This is not financial advice. Do your own due diligence!

ChartScientist Updated 

This is not financial advice. Do your own due diligence!

ChartScientist

My sell set up is currently active. 250 pips in profit currently / A 1:9 ratio. This is a 1:22 ratio trade if I wasn't using a preservative stop loss just incase a newcomer passes this chart and attempts to replicate without the wisdom. This chart is the same as I previously charted a week ago (Linked in Related Ideas below!). I have only added a support level...

ChartScientist

Two zones I will be monitoring. $1720 - $1725 are my favoured psychological levels in pair with being a previous support. 38% is the standard retracement level with pullbacks. I will be looking for a sell around $1720. Always use price action to confirm an entry!