We knowgood old SEC days are coming, Fed Pivot is coming and a strong dollar is coming with it. But for now
Let me explain you this chart.
The chart is on a weekly timeframe but all the points of interest and liquidity can be perfectly seen on the monthly as well.
I want to show you how price moves from liquidity zone to liquidity zone touching specific areas no matter what.
Following all the red lines that are previous highs that the price made (liquidity) and the low from July 2023.
For me this chart is pure art, this is the game I look for when daytrading, but for this being on a weekly/monthly chart is just mesmerizing.
This previous -10% drop from Jan-Feb till today, comes from a very specific point in the chart.
And the +15% pump that I see, is coming from a very specific point as well.
As you can see this drop comes after liquidating several highs (sellside liquidity) on the way to a predominant imbalance that respected perfectly. What I want to say is that price follow liquidity first then touches a specific zone and respects it.
Now, we have the same scenario but now we have targeted July 2023 low and a weekly imbalance. A significant low has been triggered and a point of interest has been fille. Fed Pivot is coming and we expect to see a strong dollar in the long run.
I think this is just the perfect point in the chart for direction to shift and to start to price-in what is about to come. Last monday (Black Monday) was a climatic point.
Events bring the volatility for price to make it where it has to,
I think this is the turning point.
I hope you enjoyed the content this is NOT Financial advice. I just want this analysis and info to be here.
Let me explain you this chart.
The chart is on a weekly timeframe but all the points of interest and liquidity can be perfectly seen on the monthly as well.
I want to show you how price moves from liquidity zone to liquidity zone touching specific areas no matter what.
Following all the red lines that are previous highs that the price made (liquidity) and the low from July 2023.
For me this chart is pure art, this is the game I look for when daytrading, but for this being on a weekly/monthly chart is just mesmerizing.
This previous -10% drop from Jan-Feb till today, comes from a very specific point in the chart.
And the +15% pump that I see, is coming from a very specific point as well.
As you can see this drop comes after liquidating several highs (sellside liquidity) on the way to a predominant imbalance that respected perfectly. What I want to say is that price follow liquidity first then touches a specific zone and respects it.
Now, we have the same scenario but now we have targeted July 2023 low and a weekly imbalance. A significant low has been triggered and a point of interest has been fille. Fed Pivot is coming and we expect to see a strong dollar in the long run.
I think this is just the perfect point in the chart for direction to shift and to start to price-in what is about to come. Last monday (Black Monday) was a climatic point.
Events bring the volatility for price to make it where it has to,
I think this is the turning point.
I hope you enjoyed the content this is NOT Financial advice. I just want this analysis and info to be here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.