We've been in a accumulation, Gold looks like it wants to go UP to complete the MMBM, but we have in the other side the DXY that look Bullish and we know that most of the time they have inverted correlation. If we break that FVG D then we can start thinking to sell, but if gold start to reject the 50% of that FVG D we have to evaluate long. For know we must be...
This pair could reach those targets. We need to go LTF for a sell confirmation. Remember we have news so be careful.
We've been in a accumulation and we still bearish, because the last week the pair filled a Daily Inefficiency and made a Liquidity Sweep and did a rapid rejection to the down side making the price efficient. I think this will be the panorama for this week with Intra-Market Confluence. Remember to look the News, wait for the Time And Price and DYOD.
I think that DXY could form the LOW of the Week in the next KZ. So I expect a bullish reversal to continue the Trend. We only need the Time because we have the price and the confluence. In the Chart I marked 2 possible entries but you need to wait the LTF confirmation on KZ Time. Remember to DYOD.
I think that GBPUSD could form the HIGH of the Week in the next KZ. So I expect a bearish reversal to continue the Trend. We only need the Time because we have the price and the confluence with DXY and EURGBP that partially filled a Daily FVG that could affect positively the speed of this trade. In the Chart I marked 2 possible entries but you need to wait the LTF...
I think that EURUSD could form the HIGH of the Week in the next KZ. So I expect a bearish reversal to continue the Trend. We only need the Time because we have the price and the confluence with DXY but EURGBP partially filled a Daily FVG that could affect adversely the speed of this trade. In the Chart I marked 2 possible entries but you need to wait the LTF...
Gold have reached my Targets so now I expect that we will have the HIGH of the Week in the Next KZ. We have Confluence with DXY and COT Commercial Reports Short. Now we need the Time and LTF confirmation to do the Short in this Premium Area.
In Nasdaq we have a possible downtrend continuation, but we have invalidation zone that we need to be careful, because if it break then we can see a Bullish Scenario. In the downside we have a relative strength measure that I use as a confluence. Remember wait for the 3 conditions then go LTF and execute if you have a MSS and Displacement.
EUR is in giving us this possible scenario that makes confluence with DXY. The EUR could be looking for the High of the Week. Remember the correlation between this one and GBP, if you are going to trade this pair. Remember you have to wait the correct Time/Price/Intra-Market Conditions. DYOD because the market can give you invalidations.
GBP is in giving us this possible scenario that makes confluence with DXY. The GPB could be looking for the High of the Week. Remember the correlation between this one and EUR, if you are going to trade this pair. Remember you have to wait the correct Time/Price/Intra-Market Conditions. DYOD because the market can give you invalidations.
Now that we have a clear scenario for DXY, I can do a 1h possible scenario. I'm still thinking that we are in retracement to make the Low of the Week and then go higher to meet those weekly Targets
Now that we have a clear scenario for GOLD, I did a 1h possible scenario. I'm still thinking that we are in retracement to make the High of the Week and then go Lower to meet those weekly Targets. I put the Futures on the side because I use it a as an intra-market confluence.
The past week the price filled an Weekly FVG that makes confluence with Daily MIT OB and is rejecting that area showing a strong bearish continuation. we have a COT report bearish and a DXY making Confluence with this analysis. We only need the Time because we are in the price and intra-market condition to do a continuation. A possible Entry area could be 1928,...
We've seen a Bullish scenario on the past weeks. We have Non Farm this week that can be a catalyst to the price. We can see a little bit of Retracement, but I think that we will see the Price going up to my Targets. We have Commercial COT reports that support the idea too. So we have the Big, Intermediate and Short term perspective aligned with a Bullish Panorama.
I think that today we will have a Retracement to the Targets
Here guys you will see how I do my entries, you will not see this type of analysis in my TV ideas because it wont allow to publish analysis less than 15min TF. Excuse my english and I hope you could learn something.
I think that today will retrace to those target. Remember DYOD.
This pair could go to the BSL and then go for the Targets. Remeber wait for the correct TIME and LTF CONFIRMATIONS.