Sphinx_Trading

Sphinx_Trading Updated 

- Price dropped last week after sweeping the liquidity at 2035.0 creating imbalance also 2 equal lows (liquidity). - market may open bullish to 2030.0 to rebalance then we should see a strong bearish move to last major low at 2000.0 levels.

Sphinx_Trading Updated 

- Price reached extreme high levels again after retesting at 186.500. - Also as we can see price swept the last high liquidity at 188.500 and closed below it building more liquidity above historical high at 189.0 levels. - Price created unmitigated order block at 187.0 also an imbalance left behind so we may see a bearish move with market opening to rebalance the...

Sphinx_Trading

- Price created a strong impulsive move last week after mitigating 72.0 demand zone. - You can observe the price left behind an imbalance after a compression of price action also we still see equal highs at 80.0 (liquidity). * markets may open bearish to 75.0 levels to rebalance price delivery and then we should see a bullish move to 81.0 supply.

Sphinx_Trading

- Price dropped last week creating liquidity void (imbalance) forming equals lows (liquidity) and closed with a small bullish move. - With market opening we may see a bullish move to 1.08500 to rebalance price delivery then we should have a bearish impulsive move to 1.0700 as a first target and 1.0600 as an extreme target.

Sphinx_Trading

- Price broke the target high at 104.500 and closed below it. - Also price created a liquidity void at the last bullish impulsive move so price may go bearish with market opening to rebalance at 103.500 and then we may see a bullish week closure to 105.0 levels.

Sphinx_Trading

- Price swept the last major high last week at 2060.0 and closed the week with big bearish move reaching 2030.0. - Sweeping the last major high gives us a confirmation for sweeping the last low at 2000.0 if price wants to make new higher highs. - Also we still have unmitigated demand zone at 1980.0, so we may predict a string bearish move to 1980.0 levels.

Sphinx_Trading

- First we can observe the major structure, price broke the last major structure (change of character) also retested on the supply zone at 1.1000 and dropped +300 pips to first demand zone 1.0800. - Last week we had a reaction from demand zone with fed meeting after that price sweep the last highs with Friday swing high and closed with a strong bearish pressure...

Sphinx_Trading

- Price closed last week with a big bullish move after positive news on usd. - As you can see price broke the last highs at 103.800 and closed above it, also price created a big imbalance with the last major bearish move so we may predict that price will return to 105.0 to rebalance the price delivery.

Sphinx_Trading Updated 

- Price swept the major liquidity last week at 2040.0 and broke the last low forming a change of character. - Price started a correction phase after reaching 2015.0. - We can predict a reversal to from 2040.0 supply zone to 1980.0 demand zone.

Sphinx_Trading Updated 

- Price reached 0.8700 daily demand with a bullish daily closure. - Also we can observe liquidity being built above the corrective descending channel knowing that we have an imbalance formed by supply area at 0.9000.

Sphinx_Trading Updated 

- Price reached 102.500 demand and swept the liquidity below 103.0 and started going bullish. - Also we can see liquidity been built above the last descending channel (sign of reversal). - Huge imbalance formed by the last supply area at 106..0.

Sphinx_Trading Updated 

- Price reached 2050.0 supply and started ranging. - We can see price grabbed the liquidity from the last major high and closed with a selling pressure also we can predict a correction to 2015.0 demand zone.

Sphinx_Trading Updated 

- Price reached the maximum low at 1960.0 and closed with strong bullish move. - Forecasting a bullish movement we need to see a sweep of liquidity below 1967.0 maybe a full retest to minor demand 1965.0 with a 4h closure above 1967.0. * We may have a bullish move from 1965.0 to 1980.0.

Sphinx_Trading Updated 

- Bearish closure below 1980.0 after a full retest to 2005.0 supply zone. - at least we need previous week low to be broken (Liquidity sweep)to if price wanna make news highs in the market.

Sphinx_Trading Updated 

- Huge move to demand zone after a major high sweep at 2.09600. - 4h Strong bullish closure form demand zone. - We may have a bullish move to 2.08200 area.

Sphinx_Trading Updated 

Major structure 4h: - We can observe price retested 178.0 major demand zone and closed with a very strong bullish pressure. - price creates liquidity building equal highs at 183 supply and started a pull back move. Minor Structure 15m: - Market opened with +70 pips gab and rebalanced 50% and started pushing down to demand zone 181.0. - A change of character...

Sphinx_Trading Updated 

- Price consolidating at 1820.0 major demand zone. - As we see price swept the last major low at 1817.0 and started forming lower highs ( building liquidity). - Also price swept the last low (inducement) at 1820.0 filling the imbalance. - We may have a big bullish move at least to 1845.0 supply as a first target, 1860.0 order flow second target.

Sphinx_Trading Updated 

- Price reached 1.2000 major demand zone after breaking the last structure at 1.21100. - We can observe bullish entrance with 4h strong bullish closure. - Last unmitigated supply zone is at 1.2200 - We may have a bullish move at least to 1.22000. * Pivot for confirmation 1.21000