Last month we saw a sharp rejection after taking out a monthly high and monthly open. Currently no body has closed below the monthly FVG/Sibi. I would be interested to see if price is drawn to take out the previous month's low, and if so, how does it react afterwards. If it takes out the second monthly lows, then the monthly FVG/Sibi would be a nice...
On the weekly timeframe it is more convincing that the last spike down was a sellside liquidity grab in order to start reaching towards the buyside liquidity, starting with the descending trendline. I will be anticipating further movement higher over the weeks/months to reach for the weekly Bearish Breaker Block. I also expect a measure of using a previous...
This is my take on the DXT monthly chart based on ICT's concepts. R2F
This is a potential long setup on EURUSD. I do believe we are gonna start seeking higher prices either CPI today, or PPI tomorrow. The only other alternative is a drive lower to hunt for liquidity, push the bearish sentiment to the masses, and then crawl back up whilst taking out anyone looking for an opportunity to get in short. Both are valid ideas. Only...
This is a possible long setup, without any lower timeframe confirmation, targeting 1.346 at least. However, this may just have been the retracement before heading lower, so I would suggest waiting for more confirmation on lower timeframes to support the entry. R2F
Possible long setup on EU. The overall higher timeframe bias is not confirmed in my eye yet, but there may be a potential long intraday form within the current expansion range. CPI and PPI at the end of the week, so be prepared for funky stuff. R2F
I am under the anticipation that XXXUSD pairs are accumulating and USDXXX are distributing. Based on the current price action of the DXY chart, I am anticipating weakness in the Dollar. This is the setup I have based on DXY, which would have to be translated to respective Forex pairs and/or Commodities, etc. The safest protocol at the moment is to wait for...
Anticipating higher prices on EG. Looking for price to trend higher before a potential higher timeframe reversal/retracement. Will see how price forms on the lower timeframes near my entry level. R2F
Anticipating lower prices on UJ. This is a retracement setup to go for lower prices. When prices gets to my entry area I will see how price forms on the lower timeframes for a better RR. If the formation of price structure lines up with my bias, I will enter. Always wait for confirmation on lower timeframes. R2F
Anticipating higher prices on UC. I will be waiting to see if price reacts at the Daily FVG below as well if it digs into the 1h/4h FVG slightly lower. There are relative equal highs above which will be a good target. Always wait for confirmation on lower timesframes! R2F
Outlook for GU for a long reversal. I still believe we will be expecting new highs soon, to the Monthly FVG and quite possibly to the NWOG above it. I have some potential iFVGs that will be reused as support later on. For lower prices, I am anticipating retracement into the Daily Breaker Block, or back into the NWOG. There is a 2 Week FVG and Daily Order Block...
DXY reversal outlook. I believe DXY is still going to go lower. Possibly another thrust up before the reversal. A new month is about to start so I will be anticipating the monthly Power of 3. The bias for lower DXY is COT reports of Intermarket assets and the lowest point of DXY falling short of the Weekly FVG. This rally could just be inducing liquidity. There...
I believe EU can make some higher prices after a retracement. There is much imbalance above. On the HTF I think we could see lower prices, but will see how this play goes.
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DXY had a big move last week during CPI and PPI. There is no immediate setup on this timeframe, so it is better to wait for more confirmation. Let chasers get chopped out while we stay still. Refer to my EU analysis for targets that were already achieved. - R2F
EU had a big move last week during CPI and PPI. We are now in the New Week Opening Gap territory. There is no immediate setup on this timeframe, so it is better to wait for more confirmation. Let chasers get chopped out while we stay still. - R2F
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Shorting during London Session