My bias for this week's prediction is for EURUSD to move bearish, As it has tapped into a strong level of supply. I will be waiting for wyckoff distribution to play out in order for us to catch sells this week. Simultaneously, the dollar has also tapped in to a demand zone which is expected to initiate a bullish reaction hence why I am bearish for EU. The 16hr...
My bias for the dollar is bullish, as I am expecting a major pull back from this key level of demand that we have marked out on the daily time frame. As you can tell by the price action, bearish pressure is now getting exhausted so, we will be looking out for a wyckoff accumulation on the lower time frame to give us more confluence that this move will take place....
This week's analysis for the EURUSD is similar to GU however it has some slight differences (at the end of the day they are different pairs with different characteristics.) In terms of current price I see the market consolidating just before the CPI event before making its decision. So I would wait for price to either sweep liquidity below and tap in the (18hr)...
For today's GU breakdown I will be looking for buys from current price as it has tapped in a nice 6hr demand zone that has caused a BOS to the upside. As we have seen from last week's GU analysis we did anticipate scenario (A) to play out and it did so perfectly. Now, we are looking for buys back up as it has filled in the major imbalances left from before. On...
As expected our last week scenario (A) played out perfectly like we anticipated which was seeing a bullish reaction from the 4hr demand. For this week's bias we are still temporarily bearish with the dollar as it's approaching a clean 14hr supply zone. As soon as it gets tapped in I will be waiting for my lower time frame confirmation i.e. a Wyckoff distribution...
Gold is now looking very promising for another impulsive move to the upside which I'm expecting to happen around the price of 1920-1930. As price is approaching I'm waiting for a wyckoff accumulation to play out and a clean CHOCH so we can enter our buys back up. As there is some asian lows around that region between the 5hr and the 4 demand, I would wait for...
My bias for US30 currently is for a bit more upside in order to mitigate the 22hr supply zone or the 19hr, both are apart of a key weekly supply level. From this we will expect a sweep of the asian high as well as a consolidation before entering to show that price is slowing down and buys have now become exhausted. We will then wait for a wyckoff distribution...
This time we are diving into an A grade setup that was presented to us on the 08/11/2023. After anticipating a bullish move from this exact zone marked out last Sunday's post. I will be breaking down what I would look for once price taps into our higher time frame POI (16hr demand zone on EU). At first I noticed that as price was slowing down momentum, wyckoff...
This is how I would execute my trades after I analyse on the higher time frames to give me the perfect A grade setup that I go for once price enters my POI. On Sunday I posted a GBPUSD break down of price reacting off the 6hr supply, I mentioned that sells could possibly play out on a Monday which it did, so now I'm going to show you guys how my confluences...
This bias is a short term plan that I can see playing out this week, which is gold dropping to lower levels to pick up liquidity in order for price to continue in its bullish trend. As price swept liquidity on the higher time frame I can see price pulling back to 1920 levels to enter the 5hr or 4hr demand zone. Scenario (A) - Is that price will currently react...
As I am still bullish on US30 this idea is a temporary move that I see playing out due to the past couple days being very bullish. As im expecting a pull back/retracement of some sort, I will be looking to take the sells at the 22hr supply zone. I will wait and see for price to show me its hands then go from there. As price hasnt slowed down yet im still waiting...
GBPUSD has a similar bias to EU so im also currently looking for a sell setup to form to take price down towards an area of demand. This counter trend trade will allow us to catch a move before we end up buying alongside the bullish order flow at around the 1.22000 mark. Scenario (A) - Price is currently reacting off our 6hr supply zone that we have marked out,...
This week I will be covering my sell setup idea towards an area of demand to end up buying with the trend. However due to DXY shift in trend, I will be looking for buys for EURUSD later on. Currently as of now price is inside an area of a 4hr supply zone so im expecting price to react off it to cause a retracement back down. Scenario (A) - Is for imminent sells...
Following from last week hectic week of news events, we had a nice end on NFP friday giving us a clear indication on what price wants to do. As you can see the dollar has been ranging on the higher time frame, generating liquidity and testing new possible highs however failed to do so. Scenario (A) - We have a strong bearish candle breaching the low of the range,...
For this week's DXY bias, I have two scenarios that can play out. Marked (A) is the temporary buy-up to the (7hr) supply zone which I'm expecting due to the reaction of the 4hr demand zone that the price is currently in. As there's liquidity lying above in the form of equal highs, once it gets swept we will wait for price to distribute in that zone to then find a...
US30 has recently broken structure to the downside on the higher time frame indicating it wants to continue in its bearish trend however, I believe it will not hold for too long as the over all market is bullish. In terms of current price action I'm expecting for price to continue going down a bit towards the 32600.0 mark. Scenario (A) is Selling from the...
The Bias for this trade will follow the overall bearish market trend, hence why we will be looking for sells to continue in that same order flow. As of the current price we have two supply zones marked out (A) the refined 4hr supply zone and (B) is the 8hr supply zone at the top. I will be waiting for further confirmation like a re-distribution within the 4hr...
My bias for this pair is very much so bullish due to the fact that price has entered the last (8hr) supply zone of the chart. Not only has it swept so much liquidity, but the initial rejection ended up causing a change of character to the downside on the 4hr time frame. As we can clearly see wyckoff distribution play out, there have been nice POI's left for us to...