So here we have equal highs that are viable for stop raids
and will continue the narrative of a LONG USDCAD scenario
to be continued to play out. After the equal highs are taken
we look forward to a decent to the downside giving way
for other currencies against the Dollar to recover.
So what i'm looking for in the DXY Narrative
is some decrease in supply and more demand
in other words institutions have met their supply levels
and look further to sell DXY as Demand increases for
discounts on the Dollar. This will affect every Dollar based
pair so look for the disparities in price!
Looks to me as if the institutions are taking
price to the upside, In lue of the Long story,
What seems to have played out is the sell off
right before the up move. Giving us the buy
entry Between the 1.29 and 1.30 levels. Since
there has been tell tale signs of institutional
sponsorship, we are looking for more upside potential to USDCAD
Wow long time lows time to buy up...
we're in pesimism and most investors buy
during this time, so my inclanation is that we have our final push
and punch our Sniper Zone and we are ... "ALL SYSTEMS GO"
to the Moon...
So look for , Again, big traders sponsorship.. "Impulse Area's".
If there is a minor continuation on the Dollar,
We can see levels as high as 98.00 - 99.00
there has to be big trader sponsorship in these candles to
define if we have a bullish Dollar...
Say we do? that 70.5% would be our price entry? NO we are just
guaging the big trader sponsor ship on grabbing up all the dollar.
Seems like they were looking for levels to...
So we sniped a nice sell at the top at 1.8710
looked like the banks would like to play the sell sides while stopping
to take out the highs where some sellers may have some stops...
So i thought I'd invite myself on this wonderous journey to some prospective hedging opportunities in
the near future. Keep an eye on price action as it
appears closer to the red...
As you Hone in your scopes you will start to see
EUR/USD and the banks in their natural habitat.
What we also see is a nice sniper Kill Zone that may
or may not happen during London or New York Open.
Keep an eye out for this level of 70.5%
if you feel brave 62% also isnt bad, but were
aiming for some Ozark SNiper Entries here...
Looking now at a multiple of 20's level
142.60 as our entry, What i'm looking for here is a move to upside
to fill in the inefficient gap in the market Highlighted in Light Blue.
Our equal highs look to be taken out as well and may also contain
some sponsorship by big institutional traders. So look for liquid markets this
week and trade precisely like a Sniper...
So ladies and gentlemen as you know we have been
waiting on a good trend trade. I feel as if this break of structure
is a true break including the strong impulse candle backing the upside
close above previously established highs.
That being said the Target potential is made obvious for you to see through
Fibonacci ratio levels and based on how price...
We're in a very obvious Uptrend, seeking entry
at bank and big institutional levels around the order blocks
Optimal entry will be 1st order block and 2nd order block
listed on the chart. play price action and wait for a pull back in the
"20" price points aka Institutional S&R and seek 62% 70.5% and 79%
Fibo Levels for sniper entries,
We see here that we have some beautiful structure,
including two slope divergence, giving us some idea of
a Potential Reversal Zone. Confirming that with Price action,
Fibonacci Clusters and Candle Stick Pattern. Makes me feel
CHF is in the dominate Role here in the pair, leading to our
introductory sell to a longer term, "Possibly" Position trade
for more than...
So the narrative on EURAUD I've been seeing is,
multiple reaches to the 1.60 - 1.65 Area.
A rather deep range at that, alot of pips coming from
that range, What we are looking at are confirmations that
we are at a reversal area and that we are safe for a longer term sell off
at this moment. we see beautiful price action, Supply and Demand Criteria
Met, Now we...
We're zoning into lower levels on XRP,
So far we're looking for a little snack trade to .3500
not to far from a guess stab at the fact that is a
support flip resistance, strong volume to begin with this morning,
now we allow the trade to play out, quick 150 pips and boom.
Supply was met Distribution has set in, emotional parity on the variant
Here what we are looking at Referring to the DXY
(Dollar Index) We have a bearish outlook on the USD
as of the Technicals spotted on our pair, EURUSD
We can see some obvious signs of bullish run.
I'd like to see a retest of 1.1460 before continuing
to the upside towards 1.17-1.18...
Our technical outlook is as follows:
Harmonic Pattern (Gartley?)