Luxalgo
ES eminiCME_MINI:ES1!
Will this years ES emini futures bull run last?
Will this current measured move sustain to higher levels?
Tough call not knowing what the man in charge will be doing at the next FOMC meeting.
Until then, we trade what we see, and what is in front of us.
So for now, I see some headwind moving up from here, OB's everywhere.
USD/JPYOANDA:USDJPY
- Very interesting here when we zoom out on the 4H
- If we anticipate price action to continue upwards, we have price at the 4H BreakerBlock, which is right above the 50% fib.
- Then drilling down to the 15m, we're looking for a structural break to the upside for an entry
- If price continues to head down, this will invalidate the 15m entry long
- I then need to look around the 4H 50-79% fib levels for another shot at going long, as this level does not break the recent HL on the 4H.