Good day traders I have a lot of great setups but I believe this one can be a big mover going into the new week.
1D- Before going into more details I hope the inverse FVG is visible because that’s the area of interest, for the most part of last week was bearish indicating that US dollar for the upcoming week might continue with the strength shown last week. Price has broken structure lower but the way it broke price is not in a convincing way so keep an open mind to manipulation but overall the inverse is our area of interest. Monday and Tuesday we can expect price to move higher first than make a run lower since last week the move did not match the USD/XXX moves.
4H- Here we saw market shift lower to be in sync with the daily solidifying our weekly price movement bias. Here I’m not gonna say much cause the idea is based of the daily TF.
1D- Before going into more details I hope the inverse FVG is visible because that’s the area of interest, for the most part of last week was bearish indicating that US dollar for the upcoming week might continue with the strength shown last week. Price has broken structure lower but the way it broke price is not in a convincing way so keep an open mind to manipulation but overall the inverse is our area of interest. Monday and Tuesday we can expect price to move higher first than make a run lower since last week the move did not match the USD/XXX moves.
4H- Here we saw market shift lower to be in sync with the daily solidifying our weekly price movement bias. Here I’m not gonna say much cause the idea is based of the daily TF.
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Related publications
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.