The fact that 4h gaps are being printed with this momentum, indicates that price really do not want to meet higher objectives. This is the plan, and the levels I'm watching right now. Ok byyyyy
We are currently forming the weekly gap, which is a huge bullish sign on the higher timeframes. We also in the making of a 4h imbalance. For the upcoming days, I would want to see price come back at least to this 4h gap on the top. It could retrace lower, but it is too far down for my eyes. Price already offered fair value during the prior consolidation phase. So...
Previous weeks reaction from the daily gap should have sent price higher, but there was no volatility in the market... Very suspicious I should say. The lack of momentum to the upside is showing that we might trade back into the daily gap, to an overlapping high to be exact. That is what I'm watching for now on DXY, and the reaction from that level. Wednesday will...
Best case scenario for the decline is that we react from the 50% of the daily gap, than sting up for an internal liquidity ran, as high as the 4h gap is. Than price displaces, and respects bearish orderflow. Invalidation of the idea is when we close above the 4h gap. Ok byyyy
Possible move for EURGBP. If we close below the hourly gap and respecting it, than the next target is outlined. If not, and we are closing above the gap, the target will be the internal range liquidity. Ok byyyy
The only bullish argument we had was the daily gap that now is being smashed through. The candle is still printing, but most likely we will see bearish moves on gold. Targets and invalidation is outlined. I'm bearish as long as price proves otherwise. Ok byyy
The weekly gap is acting like a magnet now, after the higher timeframe liquidity has been swept. Now at least we should look for an internal sell side liquidity to be taken. The idea becomes invalid if we close above the invalidation line on the daily. Now we should wait for the sting up into the daily gap. Than a decline. Ok byyy be safe!
The fact that we didn't raided sellside and closed above a 4h gap, is showing that we might seek for further upside targets. I've outlined the valid targets for the first half of the week. If the weekly profile is working with a Wednesday high, than this move is highly possible. BUT! DXY is not being clear with its price action. The first half of the week should...
Let's see how you can capitalize on potential price moves, and how I have executed on this EU move (forecasted here publicly btw, see previous post). The first and most important thing is our higher timeframe bias, and the higher time frame draw on liquidity. In the previous post I've marked out the 4h potential areas. The 4h areas came from the daily timeframe...
Higher objectives to watch out for the dollar. If we can get a closure above the dashed line (103.145). I'm looking for shorts on the foreigns, till proven otherwise.
Keeping it simple. Price has taken liquidity from a discounted low and offered fair value again. Reacting from a fair value gap with forming new gaps is a really bullish sign. Now I want to see a tap into the daily fvg (which is still forming tho). The reaction should be immediate, with big momentum to the upside. Anything less is suspicious. I completely abandon...
The markets are accumulating orders, we are stucked in a consolidation range since the beginning January. HUUUGE opportunity is ahead! Big moves! Let's see how can we catch that! This weeks price action could give us the direction. Let's summarize what are we seeing here. Two weekly fair value gaps. The older/upper one was stabbed many times, holding price in a...
If we stick to a bearish dxy, I would watch for these following scenarios to play out. Outlined on the chart. however, if the daily fair value gap wouldn't hold, I have outlined the two bearish targets to watch for.
Wellcome back bois and girls. Price didn't even stopped for a bit during holidays woah. Let's get aligned with it, shall we? I have outlined 3 fair value gaps on the chart: - on the top, marked with "mbpr" is a monthly balanced price range. Meaning that on the monthly chart price have created a bullish fair value gap to the upside, but didn't followed through...
Potential move for the days ahead. If DXY takes out buyside, than it's highly possible that EU will reach for the daily imbalance. The low could be forming around the outlined level. Not having high expectations during December tho. DXY is a much clear read in terms of potential levels. If I'm not getting fair value gaps upside, i'm not reacting to the potential...
The bias is clearly bearish. Now we want to create a narrative around it. Where can we find high probable areas to continue lower off of? The highest probable areas (to decline from) are the weekly imbalances in price. We've still got the huge weekly imbalance that left open, and a smaller one below that. If price tends to be bullish, than I will be looking for...
The concepts are simple. It has to be this way, so you can focus on the right levels. My charts are clean because I only focus on the highest probable levels. Imagine if I had every 4h order block and fair value gap on my chart. It would have been a mess, and probably I wouldn't have been able to call this move beforehand. Would you believe me if I told you I...
An update for the previous 4h DXY chart. Expect a move into the lower liquidity pool. Than it would be a nice move higher into the weekly gap. Price can also run lower after it reaches the sell-side. Let's see how it behaves. Look for the fair value gaps to tell the story. ok byyy