robbiecsala

robbiecsala Updated 

We broke the weekly trend on BINANCE:BTCUSD , and now price has mitigated the OB that's been left behind. Are going to mitigate that monthly OB that was left behind? Due to macro data, I wouldn't be surprised if we wouldn't see ATH in this cycle. Trade being invalidated if closes above the weekly order block (OB) and only valid with daily break of structure.

robbiecsala

FX:EURUSD has mitigated its daily OB and made a 4H BoS to the upside, and the next major daily level & OB is 200 pips away.

robbiecsala

Before going higher in the TVC:DXY , I'm expecting it to pull back to its 4H order block. After that I'm expecting the dollar to get stronger, as we are in a bullish trend. If breaks below current lows, I'd expect to go down, otherwise I can see it mitigating the OB above before heading to the one below.

robbiecsala

I don't see gold doing another ATH right now, as if we get macro data that supports USD strength, gold would lose strength relative to USD. Let's see. Ideas invalided if closes above OB without a short BoS.

robbiecsala

We broke all the previous levels, the next potential resistance would be at around $27.6k-28.6k levels.