So on the daily we can clearly see a divergence with DXY. The marked up ranging move, creating higher lows is a bullish sign on it's own. Gold is bullish (not a suprise really, according to the global situations we are having) and along with that we have a ranging DXY. With the fact that UCAD is still trending upwards, shows that it has a lot of energy to break to...
The weekly chart further support the idea origins from the monthly chart. From the time we've raided the weekly lows, Price respects bullish PD arrays. 3 weeks ago price immediately rebalanced the prior week that stabbed up and could have been a reversal sign. The rebalanced move respected the weekly order block too, which is another bullish sign to continue the...
UCAD is dancing so smooth nowadays... The External range liquidity marked up is an easy draw on liquidity. UCAD can provide opportunities when the other majors are not reaching for clear liquidity. Put it to your arsenal guys. I'm bullish on the monthly till price heads back and closes inside of the marked up fair value gap.
Could be a clear short idea on EU, if price tends to retrace. I'll adapt as London provides mora data, Price can easily displace below the 1h fvg. Than I would not wait for this kind of retracement.
The fact that: - we've created a new bullish impulse leg - retraced back to it's equlibrium - started accumulating orders at that level - touched into discount to rebalance multiple times - and now price is closed above highs indicates a possible extension to the upside but we have to be cautious this time. Risk is high now in the markets, we have to take into...