Now that it is Tues day I'm waiting to see where price will stall out at and turn around. There is not much strength pushing price bullish and we have USD News for NY session coming up. Monitoring for signs that the bears want to take control and push price down. But also trying to remain aware incase anything happens to change my bias.
Reviewing what happened with last week and whats possible this week. Going to let Monday Play out to allow the market to show its hand then get active. We are in a Monthly transition this week so do keep that in mind on this week's moves.
Weekly outlook TVC:DXY NASDAQ:EU $gu The #DOLLAR chart does not look clear to me. Last week we had the 1W fvg as DOL and it just worked perfectly. But the way we have reacted to the 1W fvg suggests we get at least a short term rise on $dxy. Until we get a decisive close below the 1W +fvg or above the 1D -ifvg, nothing is clear. I will be patient and...
This week, my bias for GU is aimed at observing a return to a demand level to sustain a short-term bullish trend. With the recent upside break in price structure, a fresh demand level has emerged, potentially signalling a bullish upturn. I'll be monitoring for a Wyckoff accumulation within my point of interest (POI) before considering buy positions. These buys...
GU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
I waited for Tues to play out and make a high. Now that it has been made we are expecting price to continue moving bearish. As we come into the London session we are starting to see signs of that bearish pressure to push it down. We will see if it keeps it up.
Just waiting for price to make a high for the week so that it can continue with the bearish price action. Sitting on hands waiting for solid confirmation.
OTE has already undergone mitigation. However, there remains a portion of the FVG (Fair Value Gap) that could potentially provide the impulse to seek further short positions.
Heading out of last week we had a pretty clean sell off after our red folder news on Friday, this gave a a clear run of our internal lows and shortly after shifted higher to take our 5min swing high, this move has now leads us to expect price to run into the zone we highlighted on our 4H markup from the beginning of this month, following the newly established...
If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
Price is bouncing in a 15m channel where we reached the bottom once again and the structure has been broken and retested. NExt bullish candle was our entry.
Looking for a break on either side of the consolidation we are currently in so that I can get some indication on what price wants to do. Sitting on hands until i see it.
GU to start things off is in a very clear retracement stage within the higher timeframes we dropped a 4H chart last week you can use as a reference, overall i am looking for this to un higher into our FVG and supply zone above, now for this to happen we would have to see some bullish PA for this week so that is exactly what i am looking for. within our swing...
My previous scenario (A) for GU unfolded precisely as expected, with the bullish reaction aligning perfectly with the marked demand zone. This week, I anticipate further upward movement towards my supply zone (A) near 1.2400. My reasoning is that price will likely seek to address the significant imbalance in that area before initiating a downward move. Although...
GU was pretty much flat the entire week. Not much moves made. But this week coming up should be very eventful.
So we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
We sold EU and GU in the morning, then bought till now and had enough profits, lest try a final sell for fun with small lots.. Previous buys on EU and GU been closed.
This is a entry that I have been waiting for. I'm sure price will struggle to go into the zone until News that it set in the morning. Looking for price to break the weekly high, creating a high for the week and giving a sell entry. Nothing but short scalps for London. The ultimate sell will come for NY looks like.