goodnowcurr30

goodnowcurr30 Updated 

MMSM being formed. Expecting market to trade down to the equal low after showing signs of rejection of the weekly OB.

goodnowcurr30

Price already swept out weekly highs before creating an SMT reversal with displacement. Currently market retraced to the bearish OB filling up the SIBI. It's most likely market will trade on the sell curve of the MMXM.

goodnowcurr30

Nas100 & S&P500 formed a SMT divergent inside the daily bearish OB which is a good sign of a reversal. So price might most likely not trade into the initial weekend analysis at the 4hr FVG + Daily OB (15340-15440).

goodnowcurr30

Overall Market still looks bearish on the High TF. Expecting this previous high to be taken out before going lower and filling the monthly FVG.

goodnowcurr30

Following the higher time frame order flow, market trend is still bearish. Price is retracing into a premium array, the liquidity void on the daily TF is most likely were price is reaching for (14940) which is our Optimal Trade Entry. If it should hold, I'm expecting bearish movement down to 13800.

goodnowcurr30

Expecting the Daily FVG(SIBI) to get filled before going short deeper into the monthly FVG(BISI).

goodnowcurr30

Expecting price to fill the Daily FVG(SIBI) and the Liquidity Void before going short.

goodnowcurr30

Price is currently in a weekly Fair Value Gap (BISI) and has not fill the sell side inefficiency completely. Expecting price to fill the imbalance down to 1870 which is also a weekly reclaimed OB, thereby taking out June low (sell side liquidity) before making moves higher to 2080 and clearing the monthly buyside liquidity.

goodnowcurr30 Updated 

Anticipating price retracement to around 1905 before heading to 2078.

goodnowcurr30

From the daily time frame price in a downtrend, and which recently formed a bearish engulfing candle on the 2nd August and also on the 4hr broke a trendline and now retesting. There is a probability that price will reverse at 0.6958 and head down to 0.68000.