still waiting on confirmation of a down move as we see price is pushing towards the weekly high and the next level we want to look for sell around 1670-1675
we are at a very very key area right at this bullish order block on the 4hr dxy needed to pull back to in order for it to be the next leg up only if it holds of course but this is a area you want to watch if your trading and dxy pairs could be giving entries on a lot of pairs for a medium to long term swing a break below this level can show bullish ness in dxy...
what i want to see here is a rejection off the bearish order block and a break of the trend line going down creating lower highs this setup is also on the 30 minute and 1hr same im also keeping eye on dxy when gold pushes into these levels will also give you a signal
displaying how dxy is controlling the markets at the moment anything that has to do with the dollar is at a key level just like the dollar so lets let the dollar show us the next move ..... trend continuation or a retrace we just be patient and wait for it to talk to us but be ready for the call follow like subscribe all of that any question dont hesitate to...
so its in a clear downtrend we are looking for sell levels heres one here with confluence from that lower high and the fact its a down trend if broken it will push to tje order block around 1640 area then fall either way im bearish these setups look amazing lets see what new york give us waiting on this close of the 30
dxy bulls back in control we have a confirmed lower high with a trendline rejections we can target lows then s2 and so on dont miss this one
we are only looking for sells since the market is downtrending as you can see here we have ton of confluence to push back down to at least the higher low possibly back to the trend line and a breakout keep an eye on this pair
dxy gap was just filled now lets see what happens now and if that higher lows hold which is also a bullish orderblock area dxy bulls right back on schedule for another possible leg up overall im still bullish bias dxy
last 30 min close broke structure now waiting on dxy re test its making higher lows but lets make sure they hold overall trend is up meaning dollar bulls still in control
us30 still in a clear down trend is at a sell area im waiting for confirmation and im looking to get a sell entry SELLS ONLY at the moment
still in a sellers market so we are looking for sell setups market made a nice push up like i thought yesterday to our levels we are looking to sell again and continue with the down trend watch video fully to see my views lets be patient and wait for those prime rib entries OANDA:XAUUSD
gold is still trying to establish a support level to make a higher low for a bullish push up towards that bearish order block where ill be looking for sell entries which it should form a lower high market is still a sellers market so im looking only for sells at the moment
Keep eye on dxy when it gets to that last lower high if price holds could use that area as another leg up hinting at more downside on gold and of course your indices as well dollar bulls still in full effect until we are shown other wise
gold is still bearish until shown otherwise also watch to the end to see short thoughts on dxy and how its controlling the market
remember the trend is your friend us30 is still bearish right now until it shows us other wise
long term biased of course but a close below this higher low could mean a nice push down from gold coming in the next year could also mean even more bearish indices markets and also crypto markets the trend is your friend might be able to get some long term shorts in on smaller time frames also waiting for a higher low would be nice as well lets see what todays...
if uj manages to retest that bullish order block and it holds we can see a possible bullish push back to that daily and 4hr last high which is also a bearish orderblock ny session is coming and we also have big news but keep eye on this