Got the CISD on both assets now. Dropped below 50% of the buyside curve. Retraced to a breaker. Stops above the SMT. TP below the original consolidation. Ok byyy be safe
Daydreaming on this one. Possible MMSM forming on the 4h. Want to see a a change in the state of price delivery on ES first to confirm it tho. I'm gonna really be in love with this idea if we displace below the equal lows on ES. Until then, I won't marry this. OK byyyy be safe
Liquidity has built up nicely above the weekly imbalance. Price is setting up for a run on sellside liquidity into the weekly imbalance. Our narrative: ES took out all time highs, taking out a huge liquidity pool. After price has mitigated a level like that, the next possible move is to rebalance itself. Our relative priceleg is the move to ATH from two weeks...
The objectives are clear for next week. Overall pretty bullish on dollar. The monthly high is the draw on liquidity. The only question is how should dollar get up to that level. If we get a manipulation leg down, below the previous week low ( 105.741), that would be the first level/area where I would watch for the first opportunities upward. For that I would...
Thursday brought an "unexpected" downside expansion. In unexpected I mean that I anticipated the March 8 high to be taken too. If price is still bullish and wants to expand toward the monthly draw on liquidity, I anticipate the above scenario to play out. If we see closures inside the fair value area (below the equal lows) I'm no longer bullish. Price has...
Same as DXY. Closing above previous highs indicating price is running highs, not sweeping them. So still bullish, still targeting higher. Looking for a move something like this for now. See you Tuesday after CPI. Ok byyyyy
I wouldn't touch NQ and ES till it shows a clear direction to either was. NQ is clearly losing strength. ES is clearly stronger, but how long can it go without taking out some sell-side? Pretty suspicious if you ask me. I feel like something is cooking. Yes, ofc price can go further higher. But we are stacking up lows after lows. And we all know when Price is...
No news on Monday, so skipping that. Waiting till Tuesday 8:30 AM CPI. For now I'm at least waiting for a sting up into the daily gap. If we get further upside, the most I allow price to go higher (maintaining a bearish bias is the Weekly inversion fair value gap. Anything above that indicates that price will seek for buyside. That is the invalidation line. The...
The wait is over, Powell said we can go down now. The direction wasn't a surprise (Or was it?). Only the time was questionable. Still holding an EU long, risk free. If we are right... oh boi oh boi, it will hit big. Welcome to the sell-side of the curve! Next stop is the bottom of hell. Just kidding, but fruitful times ahead. Ok be safe byyyyy
NQ and ES left those clear equal lows behind. The change in the state of delivery showing that it will seek for a premium array first. The question is: From which array will it decline? Invalidation is when a 4h candle closes above the breaker. if that happens, all time highs are the target, but that is another topic. Ok be safe byyyy
Eu is setting up for a nice jump higher, left a corrective move above a 4h fair value gap. This kind of price action setting up the boundary for a long setup. Price can easily go through that low resistance area, to rebalance the 4h gap. From the 4h gap, to the first equal highs, than the weekly draw on liquidity. Price action is started to clear up. We managed to...
I bet you didn't like last week price action. Me neither. Price pushed up on Wednesday to take out some of the nicely built up liquidity. That was something that we saw coming. After it reacted from that buy-side liquidity, created 4h bearish signs that the top could be in before the decline. The immediate momentum up on Thursday was not something that supported...
Bearish bias on DXY lining up with EUR long. Looks like price generated enough liquidity from late yesterday's consolidation. After an expansion phase to the upside, an accumulation phase is always happening in price action. The job here is to wait for some kind of liquidity sweep on the lower timeframe, keeping in mind the time. Time = News.
DXY is now ready to take out the sell-side liquidity. Anticipating a bigger move down, in line with the higher timeframe bias. I'm keeping it short now ok byyyyy
Honestly I waited for FOMC to push price lower. But the fact it couldn't even create a daily gap down, close below previous days low or couldn't even disrespected the weekly gap, made me stack up more argument on the bullish side than the bearish one. On the lower, 4h timeframe we have created a bullish balanced price range. How price deals with that will show...
We've came into a higher timeframe key level. The midpoint of the monthly fair value gap. Everything is in line for DXY to dump. The change in the state of price delivery is visible on the 4h chart. FOMC can bring the volatility to send price lower to the monthly low firstly, than further down (waaay down). Ok that's all byyyyyyy
Looking gooood. The frank is in line with the DXY so its a good confluence. Really nice reaction from the weekly gap, now I want to see a bullish gap out of that. With that in mind the 4h is looking good for buys soon. I would like to see a small retracement into the most recent gap, overlapping with a high. My alert is on that level for now. Basically we want to...