Curtal
EURUSD & DXY OUTLOOK | 4HDXY is kinda aligning with my bias. I personally think it will go for the imbalance and the gap will act like a base. For EU I'd look for shorts in the whole retracement zone. I have two POIs which I marked - 2WT & DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone.
I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S.
What do you think?
2WT = 2 Way Trap
DBD = Drop Base Drop Supply Zone
EURUSD OUTLOOK | 4hFor EU I'd look for shorts in the whole retracement zone. I marked up the levels that I'm interested in so the 2WT and the DBD. I always make sure DXY aligns with EU when I'm entering. Keep it in mind. The whole retracement zone is a big supply zone.
I personally do not think that EU will exceed it but in case it does the same POIs will work as Demand - D>S.
What do you think?
2WT = 2 Way Trap
DBD = Drop Base Drop Supply Zone
DXY OUTLOOK | 4hIn this case the gaps can be used as Demand. There was a medium inducement and there's a possibility it know starts going up but there is also an imbalance curve with a gap under which could get filled with the news. Keep that into consideration.
What do you think about DXY?
Write in comments
LQP = Liquidity Pool
2WT = 2 Way Trap
Arrows = Inducements
USDCAD OUTLOOK | 4hThe first buy area is medium safe because there was no major inducement.
The second one would be after a major inducement + HTF POI mitigation.
Take also into consideration what DXY does.
What do you think? Write in the comments.
LQP = liquidity pool
DBR = Drop Base Rally Demand Zone
Arrows = Inducements
USDCHF OUTLOOK| 4HMy full target has been hit.
The buy area is medium safe because even though most of my criteria has been met there was no major inducement. You can look for longs there but not blindly buy.
In case the DBR gets exceeded you can pretty safely sell at that are after retracing.
What do you think?
DBR = Drop Base Rally Demand Zone
EURAUD OUTLOOK & TRADE IDEA | 4HRisky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR.
What do you think?
LQP = Liquidity Pool
DBR = Drop Base Rally Demand Zone
GBPJPY OUTLOOK & TRADE IDEA | 30mMedium risk buys in this area. Why medium risk? There was no inducement. There might be enough demand tho and it's a pretty good are to look for buys.
Scenario 2 - in case that supply exceeds demand (S>D) you can pretty safely look for sells off the DBR demand area.
What do you think? Comment below.
LQP = Liquidity Pool
DBR = Drop Base Rally demand zone
2WT = 2 Way Trap
GBPAUD OUTLOOK & TRADE IDEA | 1h The first buy are is quite risky because there was no major inducement but it's still a pretty valid area to look for some buys.
The second one would be pretty safe because excluding the overextenstion there would also be a major inducement.
The target would be the low resistance liquidity are which is also a imbalance curve.
Share your view in the comments!
EURUSD 1H OUTLOOK AND TRADE UPDATEMy trades hit full TP. Now I'm bearish, started to scale shorts. I have multiple reasons to be bearish but I don't predict - I react. I accept whatever market gives me. Let's see how it goes.
2WT = 2 Way Trap
LQP = Liquidity Pool
Arrows = Inducements (Minor, Medium, Major different colors)
USDCAD low term view | 30mUSDCAD looks still like it accumulating for selling but with the current price action everything can happen.
Two scenarios in my head. First one that is less probable is - demand exceeds supply and continues going up. Second one is that the price will be trading away the external inducement to the OVERSTOCK and liquidity areas.
What do you think?
2WT = 2 Way Trap
D>S = Demand exceeds Supply