Fiber delivered within the FVG as expected BUT we need to see how this week close to know if the up move will be sustained from here or not.
The US30 is currently in a corrective phase but approaching key support and liquidity levels. A potential bullish reversal is expected from around 42,530, targeting the buy-side liquidity near 43,330. I'll be watching for reactions around the SSL and FVG for entry opportunities, with a stop below 42,393 for risk management. GLGT!! LloydFx
Sellers are having a swell time violating buy zones this week, while we expected shorts, we had hoped to see a potential retracement move give us a chance to enter long (counter-trend/high-risk) but that has not happened. While price did bounced of this level a few times showing bullish reactions, they were insufficient to determine a shift in sentiment, now...
The bears came in this week as anticipated but failed to reach the expected AOI from the previous short projection, hence, leaving us with no short trades this week, yet. Now attention is shifting towards the bullish side of the curve as price approach two significant AOIs (a weekly FVG and a 3-month demand zone). As we still seek to see a potential retracement...
GBPUSD has seen consistent shorting since the last week of September and we just might be seeing the tail end of that sell move in the short-mid term as a retracement is expected. Having spotted last Wednesday's high as possible liquidity for selling, I anticipate seeing the 1.30775 high cleared to give us entry for shorts, taking us below previous week's low. LloydFx
As EURUSD stalls at the immediate demand level talked about in the previously shared idea, our expectation was to see bullish price action print, which was delivered with Friday closing very bullish. While this was expected, it does not appear the buy move is ready as there are still some bears lingering in this market. With this in mind, my anticipation for...
I'm certainly still bearish on the Dollar going into the US elections. How it will play out, I do not know but my bias is well defined until price prints otherwise. The arrowed path is just a delineation of how I would like to see it play out, no promises there! Kindly follow/subscribe, boost/like, share, donate and actively engage via comments if you would like...
It's been 3 consecutive weeks of the Cable printing bearish volumes and we anticipate the bears are not tired yet, at least not today. Looking at the daily TF, we can see the bears just broke out of last week's consolidation on Wednesday and seem to be doing a pullback to clear internal liquidity from the new range it created following the breakout...
2023 saw EU create a bullish opening range in H1, and H2 2023 opened only to raid stop orders from early trading that year before expanding to the upside. This PA created a bullish range which was retraced to the demand zone left in the wake of that previous expansion in April 2024, leaving behind what I suppose should be the low of the year. The Fiber has since...