First bearish targets outlined on the chart. - reacting from a Weekly and Daily fvg - Lower timeframe orderflow has shifted bearish - I expect lower price from the 4h fvg, first to the equal lows, but ofc we have targets way lower. OK be safe byyyy
The first target scenario in my mind for DXY is the Monthly fair value gap. Market structure is now aligned for that too to play out. - A monthly bullish gap is present below current price (inside the monthly accumulative range) - A weekly bullish gap is being disrespected to the downside (indicating the lack of momentum, leaving this range) - On the daily, price...
Along with my bearish bias on DXY, I'm targeting the liquidity downside on the CAD. 2.5 RR but keep in mind runners have a possibility to dump waaay lower. We have room to the downside... OK be safe byyyy
For the week: No news monday, anticipating an accumulation phase below the daily gap formed on last Friday. Tuesday 10:00 am brings the first possible liquidity into the market. I'm waiting for an upside manipulation into the daily fair value gap. Wednesday may hang around for a little (no news), but the distribution phase can start after price displaced out of...
Liquidity levels on USDCAD after price has swept the huge liquidity pool. Weekly shift indicates lower prices, the targets are yummy. ok be safe byyyyy
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...