GBP was the one in LD KZ .. Took out past 2-3 years high. Seen purge and hit daily FVG level.. also EURGBP hit a significant level to increase strength in GBP. Execute to clean
Yields pushed up 1% since the Democrats have overcome the Senate. Since then I've have seen lower prices in currencies against the u.s dollar. And higher prices in dollar majors.
Watching S&P over the last few weeks, price as reached all time highs. I'm still expecting a crash in the Dow & S&P Stock Market. Since the Covid situation and Politics can effect the movement of the market. Looking at market structure, I'm looking to sell at a premium price/order block. I only use fibs too determine entry techniques and to train the naked eye so...
Looking at the higher time like the 4HR and 1HR. I was seeing liquidity voids that needed to be filled and also equal highs to the upside. Same setup on S&P500.. Dow went into a deeper discount price instead of S&P.
Watching $usdcad and $dxy seeing the similar correlation.. I was expecting that order block to create a strong level of support and as we see price easily filled the block in and expanding higher.
S&P created all time highs last or prior to last week. Now intense buyers are trying to buy breakouts. Sadly that's wrong. Market markers like to raise prices higher to short. ( Fibs Institutional Levels. Not Normal Fibs)
Dxy reacted to the weekly FVG ( Green Line ) okay and created an small impulsive move.. Im expecting price to fill in the FVG and retrace lower to create another impulsive move to the upside.. ( Trading Idea )
