Support resistent, fib, SMC / SMT, LIQ grab and fundamental What i would do if i was a bank ⬇️ Next week = stop loss hunt before NFP friday 💵
Here's the possible senerios i like to see play out next week. Bearish continuation: after a long run with the bulls the retrecement has been strong and we might see price drop lower to the 0,5 - 0.618 fib level there we can find order blocks and FVG But lets see if price will respect the 1 hr order block above at level 18.624,00 If not the bulls might take...
Here's the possible scenarios i see. The bearish continuation: if price gonna keep smashing down hard we might see a retest of the 1 hr FVG above when a drop more down to the round number 2300.00. but if we see bulls snicking in and bears respecting the support level 2321,47 the bulls might take out the liquidity at 2360.08 when drop down to 2300.00 Bullish...
Is the US dollar going to push much lower ? The possible scenario i see. Hopping for a retest of the 1 hr FVG and see price continuing down to take out liquidity 104.336 Form here we might see a reversal if price respect the trend line and order block below at 104.262