Looking at current accumulation which looks like the second leg of a double bottom, we might buy until 30000, since the is a large gap or many sell orders that needs to be mitigated
As we all know that deflation takes time, in that case they might lower this pair down to 0.66500. Although i see a nice falling wedge that might be broken anytime from now. we must watch how they play on this wedge since they might use it to trap early buyers because we all see that the market is in its lowest point that supports a turn around. That being said...
The current respect of a channel principle is promising, as a short position may be taken on the current zone since it meets the rules of a supply zone but looking at the large momentum above the supply zone we might as well wait for it to reach that upper supply area since they might move to that area as they might be balancing those anchors before heading down...
Looking at DXY we are still in a block the is likely to break anytime from now and possible fundamentals will speed up the reaction. We might drop down to that point of interest, before taking off again due to high liquidity left below. and if this one drops then we are buying all xxxusd pairs and selling all usdxxx.
The movement of MOEX:XAUUSD_SPT is quiet impressive. They are currently respecting the rule of taking out trendline liquidity. Hopefully they will respect my point of interest, then we can continue our bullish rally
Looking at the current movement, i am waiting for this pair to reach my point of interest then we can continue the sell rally, they have to take out those equal highs as the is a lot of liquidity at that zone.
looking at the current movement, i am expecting this pair to reach my 5 minutes point of interest then push down to my 4 hour order block. From that point they will plunge up hard to that higher point of interest. since we have already taped into this 4h POI, they might not come back to it. be on the look out .
If they manage to pass take out those equal lows grabbing liquidity they might continue pushing down to my point of interest
Looking at the current movement, um expecting us30 to push down to my point of interest since they have to take out that liquidity
Expecting this pair to plunge up to my 1h OB correcting IMB, then from that point of interest it will move down to that lower zone, wipping trend line and EQL liquidity along the way
Looking at GBPUSD it has a potential of dropping to that lower zone before wiping the liquidity that was left by fandamentals yesterday. Possibly NFP will speed up the reactions
Looking at AUDUSD at this stage its forming a inverted head and shoulder, we just have to wait for the confirmation In this case it must reverse to create the right shoulder and then up we go.
Looking at dxy its forming a head and shoulder, meaning Usd quoted pairs will continue to buy hard
As dxy gain since its moving nicely inside a bullish channel, we expect usd quoted pairs to sell
Once it breaks we are the long run, as we see a flag thats about to break
Looks like we are still going long on this one until that higher zone
On the daily i see a beautiful ascending triangle, on the 1 hour i see an inverted head n shoulder, thats a strong confirmation of a long run
I see a strong head n shoulder on the daily, it may go down hard