wolf_pack

wolf_pack Updated 

now i seen this pattern on the daily and also eql highs above 1730 it retested that bullish ob yesterday and bulls came in today heavy moving it up not brealing that last daily low around 1615 now the 4hr did break a lower high indicating that bulls were coming in after a break im looking for a higher low to form for another leg up for overall up move towards...

wolf_pack

if this lower low get violated dxy will start pushing the lows dxy tried to make a move up b4 that news event but failed to hold above that 112.500 handle so we just have to see what dxy next few 4hr closes look like

wolf_pack Updated 

dxy getting bullish right now nice break after tll and eqh as off now nice pull back so presents some nice dollar trades like gols indices and other majors in favor of dxy

wolf_pack

keeping eye on this trade setup made a nice symmetrical triangle and came back up to a bearish ob price holds here we can start seeing a nice move down as long as those highs holds

wolf_pack

nice down trend lowerhigh orderblock just need break of structure 2 nice tp levels

wolf_pack Updated 

a nice retest back to a orderblock area thats on several time frames also forming a lower high here and also if you pay close attention there is liquidity resting below the bullish ob area which is the "eql" aka equal lows so im targeting that level

wolf_pack

nice sell area its in clear that tll and bearish ob area safe entry could be on the break of that low

wolf_pack Updated 

beautiful pull back to the 1hr bearish ob also have trend line liquidity around the 4hr poi area

wolf_pack

a nice rejection of this level so dxy can pull back to the last bullish breakout area before continuing up

wolf_pack

amazing setup after those highs got rejected higher low forming just need a break of this level smaller time frames this level broke and we in there if you wait on the break you can get a entry with much better sl

wolf_pack

with dxy shooting up i believe we will see a move down on this but if you want ot be safe take entry after break of higher low and sl above that higher high or take aggressive sell here on break of this trend line either way im getting bearish for now

wolf_pack Updated 

looking for a retest of my bearish ob created on that last down move if you pay close attention that yellow line says tll which is trend line liquidity meanings orders resting above the break of that trend line b4 the actual move down being patient ill wait for a break of structure to the downside b4 i get in but this is a nice setup

wolf_pack

a aggressive entry spot and a safe entry spot a lower high was formed so upside could be limited and if you want a safe entry wait for break of that low b4 a sell but looking at dxy power i can see this falling pretty bad if dxy holds into the next session and bulls continue if not we could see a move up to the 31000 area b4 a drop

wolf_pack

if dxy fails to break here we could see dxy push down pretty soon which makes sense because of eql lows and trend line liquidity so i beleive we are about to see a nice sweep of those lows

wolf_pack

the dollar has been real nice to use had a pull back then broke the high came back retested that bullish orderblock and starting to push towards tp1 we also had a internal break of structure so bulls have a little power the downside is i dont see a higher low just yet and new session about to start lets see what happens with dxy

wolf_pack

since we did get a change in structure, the down side scenario is more likely but, im waiting for a break of that low b4 i take a sell since bulls are still in play now a break above this area it should create a bullish bos and ill be looking for buyside now i just wait

wolf_pack Updated 

if that low holds and we get a higher low i beleiev a nice dollar push up will happen might not last to long but this would be a pull back b4 the next leg down which would explain the gold drop nu drop au drop and indices might be next keep eye on this it will tell you the overall story of all dollar pairs

wolf_pack Updated 

after a break of this hl we could see a decent push to the downside going to target tp2 if i can very simliar setup to the au trade idea i published right b4 this one