this is a another attempt to short euro with low risk high probability setup. currently, dxy has retraced back to a bullish orderblock at 97,50 after a big surge from 97.06-08 area as stated before. i am expecting DXY to hit 97.90/98 probably this week therefore sending euro down, expecting IPDA (interbank price delivery algorithm) to send it down to the daily gap...
GBP has been all over the place, even tho we managed to secure the bag from the little long setup posted earlier last week. it's still moving sloppy. now we dxy in place and the lower lows forming, i expect gbp to fill its hourly gap that it has left last week, hit the bearish orderblock and tumble for a new lower low to grap next liquidity. let's observe..
depending on DXY which by default should fill in gap before NY open at 97.05, Aussie should manage that push higher to 0.6930 to fill in the hourly orderblock.
eur hit the 4h OB at the ECB meeting minutes grabbing the liquidity and goes straight down after US retail sales come out. i am expecting dxy to keep pushing higher to meet the 2018 highs again and grab liquidity there which would push euro down. possibly down to fill the gap it has left on the daily at 1.04/1.03
