fortunemakori1
Since dxy is showing some bullish momentum and was expecting a strong dollar if we close bullish on this 30 min candle we can go long ..quick newyork trades
The trend on ltf is currently bearish and i have noticed a break of low plus liquidity available to grab for sells .Since its a counter trend due to HTF trend we go low risk short if given a retracement
Sweep of liquidity above recent highs (SSL). Return to a supply zone (gray box). Fibonacci confluence around 0.618 level. Expectation: Price will reject the zone and target previous low around 0.60298. Bearish Confirmation Signals to Watch: Rejection candles (wicks) at the red zone. Bearish engulfing patterns or strong bearish candles. Momentum divergence (e.g.,...
As noted there we are in a downtrend as price is breaking lows and forming lower lows but looking at weekly we are currently bullish having a retracement meaning this is a counter trend following the retracement no high has been broken to continue the trend and i see ssl liquidity swept on ltf waiting for trans and reteracement to my liquidity area to take sells...