trade took off so fast i couldnt even move my tp higher but this was a nice setup i had to take just a slight breakdown in to what i was looking at to get the entry i got any questions feel free to leave in the comments
after that massive move up im expecting a pull back b4 another leg up 1690 area is a area of interest for bulls to possible come back in the lasy up move to the high was needed in order to sweep liquidity above there indicated by eqh which is equal highs now i believe we need to sweep those low with the eql which is equal lows so im looking for a move back into...
2 scenarios can happen the dollar is bullish right now since it just recently broke a high now i would like a pull back but tbh it could just keep pushing up to the high b4 coming back down but once price gets to that high i will see how price action develops this is just more confirmation on golds sells we are already in for the pull back 110.360-110-800 area...
so this is a tricky area for cad the main thing is the trend is down so im looking and waiting for sell setups at the moment now with that being said there is equal lows meaning theres a nice amount of liquidity resting below 1.34600 area so im looking for break of that for a sell or for buyers to push price up to retest that trend line area possible even retest...
gold at a key area still have to wait for confirmation on the sell but keep eye on this level could be nice setup for a possible drop since overall trend is down internally though its still bullishme personally im short until proven other wise its just a matter of waiting for sell areas like this that buy was right at a bullish ob area even though it was in a...
nice double top here this can be a continuation of golds down move we caught from last week just a lower tf entry this time we did get a change of structure here to so agressive entry was at the break of structure a conservative one would be a retest of the order block either way im still bearish and trying to ride to 1620 area as long as the trend stays the...
nice lower high formed at that orderblock and it retested and and now we are getting a break of structure here for a nice down move upcoming
so with this setup it can push up a bit b4 heading down but on the down move once it breaks this ob thats been mitigated several times we should see a nice drop especially since there is ton of liquidity below this 15 min ob i would like to see a nice higher low to get a good confimation entry as long as dxy bullishness keeps going we can see this drop
rather it gets a pull back or just a breakout due to the double bottom im seeing some upside b4 any possible down move and it could postenially push towards that strong high
a close above here will push dxy to our discount area b4 the next move like i thought keep eyes on other dxy pairs in favor of bullish dollar at the moment until proven other wise theres many good setups right now follow like share ill keep dropping more and more thanks for the support
nice double top and nice decending triangle break of this low can push eu to my 4hr poi pretty fast nice setups to watch if you miss the initial sell off wait for a higher low i believe this a nice 50 pip move at least since dxy in breaking some highs at the moment as well
this is a turning point for dxy it did create a lower high last week close also opened with a gap also has a lot of trend line liquidity resting below and the external trend is still down now on the flip side there is equal highs and also dxy could push up to the 112 area which would be a nice discounted move
same idea as the last one just another time frame gold still bullish but this is looking like the pull back for the next leg up bullish until 1638 is broken to the downside i wont be looking for buys until it gets to those areas or unless my high get violated which i am waiting for because of trend line liquidity but seems like down move first b4 up move clears...
so on the smaller time frame dxy created a double bottom im looking for a retest of a 5min ob and also if you look closely theres a fair value gap in that same area if that area holds we can see a bullish ny session for dxy most likely im still bearish dxy this is just a pull back for the next real move
a niceeeeee down move giving you direction on all the other dxy pairs but this dollar weakness could be coming to a pause as it approaches this key level now with that being said it could just break down at this level and go fill that fair value gap and cause a nice up move for gold we have to see how price develops here but it is a point of intrest everyone...
finally getting the move we were waiting for from dxy finally making its decision