small retrace & continue or ??
Updated
On the Left DXY
fractal swing high off of an imbalance, theory is next anticipating draw on SSL/inefficiencies.
Vice versa
On the right EURUSD
fractal swing low off old low, theory is next anticipating draw on BSL/inefficiencies.
What will FOMC & rate decision bring to the market? Has it already been priced in over the last 8 weeks?
What will PCE release show next?
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Monday profile possibly Asia: Range
London: Manipulation
NY: Reversal
or
Asia: Range
London: Expansion
NY: consolidation
(for some reason I can't post updates on phone & cannot paste original screenshot so late post)
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Monday bpr entry
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London retraced... likely NY continues up (thats the theory anyway)Comment
seen prices below NY midnight open aswellComment
Monday: Looks like it was Asia Range > London Manipulation > NY Reversal profile.
Stopped out of first trade at BE
Second trade was the W formation sweep with candle confirmation on 5min for entry.
The prior week low that was broken and also "retested" last week (where retail would see as strong resistance) didn't hold but today that BSL below the imbalance was the maximum TP aim for me (tomorrow may likely be a flat day before US interest rate & FOMC)
I would rather see how price reacts tonorrow, could be a flat day and then Wednesday either manipulation or confirmed direction.
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TUESDAY:I need to clean my crayola scribbled charts!!
I anticipated today being a flat day, consolidation forming, ideally would like to see this stay untill tomorrow data release.
But...
I wanted to note daily profile, if we are again Range Manipulation Continuation or if we could see today an M formation breaking the retail resistance.
The blue channel is the micro retail trend
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seek & destroyComment
Shall see...Comment
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Interested in how NY midnight will react if price goes there. Max TP for today would be the SSL belo the retail support.Comment
should sweep that SSL below retail supportComment
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