Ocean98

Ocean98

Hello Traders I hope everyone is doing amazing. This is my expectation on DXY this coming week. keep in mind that just as last week, we still have high impact news "CPI" on Thursday so we do expect more momentum in the markets. Now lets dive deeper into our analysis! 1.Higher timeframe is bullish and market has been consistently forming swing HH-HL. 2.we...

Ocean98

Hello Traders Well sometimes we have to look further than what's Infront of us. Last week i saw a major drop on DXY but i was hesitant due to internal POI's in between. but looking at the weekly chart and monthly chart i do see a possible bearish momentum for Dollar but not too sure as how far it would go. Kindly share your thoughts on Dollar index!

Ocean98

Hello Traders GBPCAD looks very clean on HTF. It is consistently forming HH-HL indicating a clean bullish momentum. Recently the market has broken above last HH and formed a new HH. we are expecting a pull back into our marked POI maybe not this week but eventually. Currently structure is pulling back into Discount areas of the internal (SUB) structure, you...

Ocean98

Hello traders! This week seems to be a very fundamental week, be sure to check your economic calendar before trading. Q2 gone, we are definitely half way there. Today i would like to share my outlook on silver which i think is pretty much bullish and we recently saw a HTF BOS and a new swing H has been formed, we are looking for a pull back into HTF POI might...

Ocean98

Hello Traders. Just to share one of the concepts that has grabbed my attention. General we turn to look for high probability areas of interests that the price can pull back to before resuming with original trend. I have marked possible scenarios that turn to occur from time to time. obviously this goes hand in hand with premium and discount; valid BOS or CHOCH;...

Ocean98

Well this is a first for me, never traded this pair but currently it is presenting nice opportunities for a swing pull back to areas of interest. Would be nice to see how far it will go and the most attractive thing about this pair was how the IDM-CHOCH occurred in 4H, the only thing that a trade could be waiting for is a mitigation of the POI that lead to...

Ocean98

Hello Traders! "Regardless of what you are going through, you still have to show up and remain consistent to your vision"-Inspired by Fx Jordan (Jordan Martinez) This week I am keen to see AUDCAD giving us that market structure shift after tapping into our MTF-POI and grabbing liquidity. Those who love patterns can agree with me when i say the price has been...

Ocean98

Good evening Traders. I hope everyone is having a lovely week! Well let's get to it shall we...AUDCAD has played as anticipated and now we are waiting for GBPCAD to also give us a better entry as we are anticipating a bullish run to a least previous HH. Our bias is very simply, the market is Bullish on HTF and current structure is also bullish so after taking...

Ocean98

Good Morning Traders! Allow me to share my expectation on AUDCAD, Current market has been consistently forming HH-HL indicating bullish momentum, last week we anticipated a mitigation of the internal structure POI, which swept LQ then resulted into a new HH being formed. Well above all else structure comes first, currently the price is within a bullish leg and...

Ocean98

Hello Traders I hope everyone had a lovely weekend after a beautiful week last week. There was a lot happening as it was the first week of the month. Well we are about to close down on Q2 and it is a perfect time to stop and reflect on our yearly Goals and plans, Track how well or off we are doing and change what needs to be changed. Take the risk, Take that...

Ocean98

DXY Dollar index has been consistently forming LL-LH on MTF as it approached internal protected/strong HL. we indeed expected that POI to be respected but judging from the momentum on HTF (like daily>) there's less chances of it being respected compared to it being broken so we do expect market to stay intact with shorts after the recent BOS. We can now look...

Ocean98

Hello Traders My thoughts on Crude oil on this busy week ahead. Crude Oil looks bullish on a HTF (MN;W & D). Market has recently mitigated our Valid HTF-POI. price can be further broken down into MTF-LTF for confirmed entries where we would look for CHOCH/MSS after tapping into HTF POI. we do have nice internal areas of interest that can be targeted for short...

Ocean98

DXY is Bullish on HTF Another fantastic example of what i was trying to explain on EU weekly trade review. Now some might be wondering why EU surpassed an internal LH that was protected and DXY won't. Well my theory is simply, DXY is still forming internal structure as it has not taken any swing structure out so it would make more sense for DXY to respect...

Ocean98

Hello traders, as we prepare for the week ahead; allow me to share my thoughts on EU. EU is still bearish on a HTF, we haven't taken out swing LH yet. but we are indeed seeing a swing pull back after the market broke swing lower lows. Following previous week with High impact news we expected a turn for EU on the internal LH but unfortunately the market violated...

Ocean98

Hello traders! I hope everyone is having a wonderful weekend. I am sharing a concept that's helping me understand why the market violated our marked MTF-POI. For every trade that doesn't play out according to my expectation, i need to hold my self accountable and understand why certain things happened and of course sometimes there will never be enough...

Ocean98

GU is Bearish on HTF Let's dive a little bit deeper on GU. GU has mitigated the HTF IMB but seems to be gunning for our HTF POI, by using previous internal HH(wick rejection) as IDM. Just as drawn on the charts, this will also be in line with our expectation with DXY review analysis and EU. most likely most XXXUSD pairs might see a drop during NY session due to...

Ocean98

EU is Bearish on HTF During Sunday Market Review we had previously anticipated a short position targeting swing lows, but mostly based on MTF/LTF structure, where we saw CH and a potential pull back to MTF/LTF POI. Unfortunately those POI and CH were all trap that were used to fuel bullish pressure to mitigate POI/IMB. mind you this IMB mitigation had happened on...

Ocean98

DXY is Bullish on HTF. Following our weekly market review where we had anticipated that the market might use MTF/LTF POI to fuel the buying pressure on DXY. We have seen selling pressure on Tuesday which ended up invalidating our analysis or expectation. With that being said nothing has changed on a HTF structure, we are still within the swing bullish leg on...