Tommorow I'm expecting a revearsal to the upside with a fill into to the 1 HOUR FVG or the DAILY FVG so as to continue to the downside.
The NASDAQ longterm out look. -Weekly ORDERBLOCK. -DAILY Smart Money Divergence. -4 HR SMT. -1 hour Bearish Judas Swing. It's for these reasons thatI strongly that NASDAQ is going up for the next several days
With the London high being formed we are expecting the fair value gap to be filled so that we can continue to the downside.
Buy side liquidities are resting on last weeks high. The 1 hour timeframe also shows a break of market structure and there is also an imbalance to be filled. My thoughts are that, the imbalance should be filled first so that we can continue going long. Also the futures market show that GBP is still short.
On the longterm GBPUSD is on a bearish mode. With this today it has formed the HIGH OF THE DAY and we expect it to go and test Fridays lows as it keeps on shorting.
DXY has been on a continous uptrend and it has not shown any signs of cooling of yet. This week it has created the low of the week with a break of market structure. I'm anticipating it will continue going higher as the big banks are still long on it.
The London Session opened by creating a high. I'm expecting price to retrace to the FVG area for a second entry.
In the 4 hr we can see price filled the fair value gap and now it's reacting towards it. Anticipating the price to fall to the next fair value gap Big banks are also still long on the EURODOLLAR.
Price has wicked into our fair value gap and with this we expect the price to keep selling. Again, we are still on a downtrend.
DXY interpretation. We are currently oscillating on a daily order block. We have also formed the high of the day and with this I expect it sell massively today. Hence your anticipation should be, XXXUSD - BUY. USDXXX - SELL
The dollar keeps on getting stronger and this is set to continue from this week. Today price has already formed the HIGH OF THE DAY and due to this we shall wait for price to retrace to our short term imbalances and get a proper entry.
GBPUSD Has formed the high of the day and is going to test last week's highs. Our only hope is to patiently wait.
With the fibre rallying even higher last week. I expect it to come to last week's Optimal Trade Entry point for any possible entry to the buy side. We hope the bulls are ready to ride this wave.
Having created the High of the Day. This pair looks to sell once it has approached last week's high. Patience is the name of the game.
With the High of the Week created yesterday by this pair with a break of structure. We should gear for more sells.
GBPUSD has created the high of the day and we should likely see a free fall to the downside.
Looking at GBPUSD today we can inevitably see a continuous downtrend apart from the BOS which was created yesterday during the New York Open. We hope to see a more bullish Cable in the coming days.
Having broken the 4hr order block and created a break of market structure. We should begin seeing this pair rallying more up. We hope to see the low of the week being created this week.