SND
Nikkei 225 Index Rallied Rally on JPN225 after hitting Bullish OrderBlock.
Price aims to target buyside liquidity.
US DOLLAR INDEX - DXY90% of the time, I use DXY to target my entries on EURUSD because of their correlation. I will write about this in future.
In the mean time, price has taped into the Supply Zone and currently reacting off the level. If the supply level holds, I would love to see the index push down to at least 95.50 area.
EURUSD BUY SETUPCurrently, traders are being induced to buy at the current market price - this is clearer on the 15M chart. However, I would like to see price push further down into the 4H demand zone refined on the 1H chart.
If price taps into this level, I will look for buy.
While I don't trade the news, I acquaint myself with news releases for the trading day so I have idea what the market is likely going to do at the SnD (Supply & Demand) levels.
US30 - Sell SetupWith price clearing sell-side liquidity, I would like to see price push into the supply zone in order for me to be involved in any sell.
Let's see how this plays out.
FTSE100 Sell & Buy SetupThere are two setups on this chart:
1. Buy Setup
We expect the price to pull back to the Supply Zone where we are looking to sell and take profit at the next Demand Zone.
2. Buy Setup
If setup 1 plays out as expected and the price return to the demand zone (setup 1 target), we will buy at the level and take some profit at 7481.6 area. I personally will be holding some of the position in case the price still wants to continue going up.
Feel free to ask any question and I will do my best to answer.