On dxy the market is extremely bearish on all directional timeframe which indicate to us that the market is ready to sell. also after rejecting nicely our last AOI on 4h which tell us to enter sells now.
Market structure showing us expectation of more bearish momentum, and daily structure also confiming with double top to indicate strong bearish momentum and 4H indicating that sooner it might break through as we dont just trade we react to out rules.
Since our dollar index is bullish we can expect more bearish momentum from nasdaq, and aslo second confimation is structure of the market, but everything is clear were failing to break abouve hence bearish momentum is expected.
on Us30 we can see that the structure is strongly bearish and after waiting patience we can see that on 4H price has already confirming our bearish momentum.
showing more signs of bullish momentum just waiting for my last directional bias timeframe to break out or ingulf so we get out confirmations.
The market from weekly perspective we can see it meet our M pattern print out which indicate bearish movement, and it rejected on the neckline also, so moving foraward to daily timeframe we can see the markt is printing the pattern which indicate a strong bearish structure with the same M pattern which rejected the the neckline.
Every timeframe for directional bias showing strong bearish momentum, as there wont be any option for going long but short.
Dxy is showing strong bullish momentum on all directional timeframe, from weekly, daily, and 4h structure showing pullback. After the pullback on previous resistant whih changed to support.
Directional structure bullish on both weekly and daily, then 4h we still waiting for that last bearish push before we become bullish on all 3 directional timeframes.
All directional timeframes indicate that were extremely bearish, hence am expecting more bearish continuaton.
All directional timeframes are bullish, so we only interested in longs from the dollar index which indicate to everything else which we will be trading.
More bullish continuation expected as directional bias of dollar index shows strong bullish momentum.
The market just created a nice head and shoulders, and after the last impulse then currently correctional phase pattern we can see that the last leg of bearish flag expecting last leg of bearish momentum.
The market has finished printing out impulse and were still withing the correctional phase of descending channels. so from here am anticipating more bullish continuation momentum to finish up the full impulse correction, and impulse.
I did top down analysis from Monhtly, Weekly, and Daily timeframe to on this 3 directions bias, we can see that all 3 timeframe are bullish which mean that on a weekly perspective we are still strongly bullish. So right now am expeting more bullish to that Weekly resistance zone.
gold printing out a nice ascending channel to confirm the bearish momentum which will finish up the impulse and correction movement. And price just broke out nicely outside of the channel which confirm continuation to bearish side.
Here we can see market created a nice ascending channel, which came after a nice impulse and we can still anticipate for the market to finish up. Creating the last impulse move for bearish continuation.
Still expecting more bullish momemtum after seeing descending channel which the marke broke above and retrace to continue moving bullish