EU had a big move last week during CPI and PPI. We are now in the New Week Opening Gap territory. There is no immediate setup on this timeframe, so it is better to wait for more confirmation. Let chasers get chopped out while we stay still. - R2F
Follow me as I read the tape on EUR/USD
Shorting during London Session
Anticipating higher prices on EU
This is my outlook for EUR/USD. I'm anticipating Tuesday or Wednesday to make the low of the week, but it is not an issue if it does. Those 2 projections are where I expect price to retrace to before moving higher to finally make new highs. - R2F
The Dollar Index is showing clear signs of wanting to reach lower. A trade entry can be found within the previous week's range. In order of Draw on Liquidity: 1. Weekly Low. 2. Weekly +OB 3. Weekly + OB MT 4. New Lows - R2F
Here is a short setup on UJ. There should be at the very least some sort of retracement to hit the targets, if not all of them. There is a safe entry and refined entry, depending if you want to wait for lower timeframe confirmations. #NFA Happy Trading! R2F
This is a possible sell to buy setup for Gold, using ICT Concepts. I'm expecting price to take out lows, but first a possible fake pump. If price doesn't blast through my long POI then it will likely be a good place to buy. #NFA Happy trading!
Possible intraday long entry if price doesn't break too far higher first. Bias for the day is mostly bearish for now, but will take this counter-bias trade if price action convinces me. Using ICT Concepts for this setup.
Will be looking for higher prices in EU. Either one more stab into the Weekly Fair Value Gap, or within the recent swing low range. COT divergence supports another run up, which coincides with my target POI. Let's see if this comes to fruition.
I am anticipating 2 path lines. If price comes to my long POI first, then I will take that. Otherwise, I may anticipate a short.
My forecast for BTC is one final dip below 42.5k before proceeding higher. Here are some intermediate-term targets with possible stoploss. As always, wait for confirmation on lower timeframes.
BTC is going to fake out of this triangle to the upside, and then dump to below 42.5k for the final dip before breaking new ground higher.
This is what I have for BTC moving forward. 2 projections on what could possibly play out. I'm not plotting out minor structure, but rather just major points of reversal/retracement. Keep your eyes on these levels. Keep your eyes on news in the coming days/weeks. First scenario is that it proceeds up first before a deeper retracement. Second scenario is that it...
Possible long entry for a relatively quick scalp. If prices breaks target before any decent retracement, consider the entry possibly invalidated.
BTC to continue trend upwards. But first, a quick short entry. Enjoy. As always, wait for confirmation on lower TFs.
BTC possibly about to breakout, but first a quick break below recent lows. Heading to around 49k as first target.
Break of structure to the downside. Wait for price to return to mitigation area and minor stop raid before heading down further to a long POI mitigation area. Will wait for LTF price action and RSI for confirmation to enter into short position. Would take most of profits off the table by then "Target 2". Price may see bullish action by then.