I Anticipate That The would fill liquidity void inside the range before seeking liquidity that is outside the range,my objective is to see price return to weekly orderblock before tanking
My objective is to see the price clearing the nearer sell side LIQUIDITY before closing the inefficiency that will propel price to return to the breaker and then continue with the bearish momentum,I will wait and buy the retracement
The Monthly TF price has returned to Bearish Orderblock and quickly rejected the key monthly level,my forecast for next week I be bearish considering the range we are trading inside from monthly,weekly and daily TF so my first objective is to see the price close the liquidity void and go for the sell stops outside the daily range,the price is in good premium zones
Anticipating a retracement when london opens and i will go long on H1 bullish OB
Yesterday low cleared anticipating for buy side LIQUIDITY
Institutional orderflow bullish,during New York open we witnessed a Judas swing that trapped the sellers after clearing the short term low my objective is to see the price to return to OB at 1.20850 mid figure,let's see how it unfold
I missed a sell opportunity when the price failed to break yesterday's high let's how it plays if it manages to get to yesterday's high will it reject it an return to the ORDERBLOCK for more selling opportunities but anything can happen as we know how Gold price action is.my eye is on the plate
price is In a premium zone around my 62% Fib level looking for Short in a short term,and a Fair value gap provided inside Daily Trading Range
Spoted double bottom on H4 add the demand zone waiting to see that the price will hold on top of the zone,the bullish momentum will be the trigger of my buy order once a bullish candle close on H4
We saw gold formed a double bottom and broke the ascending channel this past week,but failed to break the resistance level at 1760 so for this coming week two things can happen is either its retesting the broken channel level forming a correction before an impulsive bullish momentum or on H4 it might be forming a mini H&S pattern that could make gold to fall back...
This is what I anticipate once DXY end it's correction we could see the descending channel that has been running since April 2020 come to an end,the price has been trading around the top trendline of the channel once the dollar impulse we could see a rise of this pair.
We might be coming to an end of correction on NU the is high probability that the breakout of the channel might play out soon
Price Moved inside a descending channel for a long period it finally brokeout I March 2021 and it has retested the channel but bulls haven't taken control,Eur has been weak from the past months now, its currently moving inside a symmetric triangle a breakout from either side could suggest a strong impulsive move on both side considering that it's trading on...
EJ has been moving a ranging wedge o the monthly on Weekly chart we can see clearly the price is moving in an up-trend the bullish momentum it seems its fading away,you can see with small bullish candles and a failure to make a new swing high.we can see spinning tops candle on daily and H1 chart indicating bears might be taking over,if price fails to break...
EURNZD break of structure inside the failing reversal channel, the second Higher low formation is the process am anticipating a completion around fib confluence zone 0.618
USDCAD has been running in a down channel and has been going towards the top channel resistance anticipating a breakout.i will enter on a confirmed retest and go Long,second scenario is if it fails to break the channel am going short until weekly key level
Waiting for the monthly key zones breaks