Correlation to the DXY. DXY looks bearish so we can expect some bullishness for XXXUSD.
Following the trend. Little uptrend on the 4 hour time frame. Looking for price to come back to the 78.6 fib level before pushing back up. There's a gap that needs to be filled before pushing upwards.
Big up candle was kinda sus. Maybe big money came in? Could buy off of that last down candle before that big push.
Liquidity sweep on lower TF. Looking for price to come back down and fill in the gap before pushing upwards again. AUDCAD is in a bullish trend on the higher TF, so I will be looking for buys.
Liquidity sweep before making a push up. It’s possible that price will come back down to the open of the last down candle before continue its push up. The dollar is weak so EU will continue to push up.
On the higher timeframes, NU has been in a bullish market for a while and will continue to go up due to the weakened dollar. Looking for price to come back down to fill in the gap and continue moving upwards.
The previous higher low was broken and now price will come towards the gap and the last up candle before the down move. Price will continue to go down after reaching the open of the last up candle.
I saw liquidity being swept before a big push down. There is a market gap at 61.8% on the fib level. Possible entry in that area depending on confirmations on the lower timeframe. If price does decide to push upwards then I see it pushing towards the 78.6 level on the fib before continuing to go down. EURCAD has been on a bearish trend on the hour.
Head and shoulders on this little uptrend on the hour. Looking for a retest and continue downwards.
Price came into that gap. IC located at the top. Took an entry at the 3825 QP and looking for price to reverse downwards to the major QP at 3800.
GBPUSD is overall a bullish market. Will be looking for buys since the higher timeframes tell me that the market is pushing upwards. Price will come back down to that IC and continue to push up and break past the equal highs up top and grab liquidity.
GBPAUD has been bearish for a while now. I do believe that it will continue going down. I see liquidity being taken before making another push down. I believe price will come back to 1.75618 area before continue pushing downwards.
Liquidity was taken and now price came back to the institutional candle and will continue its move down. The similar scenario on the DXY.
EURAUD overall bearish. Big down move before that last up candle. Possible big money coming into play? The open of the last up candle is my POI and looking for entries around that area. If price comes back up to that area, then I will look for sells. There is a gap near that entry area indicating a fast move downwards. The price might want to fill in that gap...
Liquidity below was taken before price shot up. Now price will come down to the open of the last down candle and continue to push up after reaching 1.27000 area. The DXY has an identical setup. However, the USD is bearish so this setup is risky. Will wait for confirmations on the lower TF for entries.