-JordyDaddyFX
There is liquidity sitting above the highs see how there's a triple top.
rice can go ahead and sweep those highs off if DXY will continue to be bearish.
Until then my BIAS on DXY remains BULLISH.
I will buy off on the 1H chart when it touches the OB or fills in the FVG by it.
I will take partials but keep in mind price won't likely go to those...
Since DXY is consolidating there's no actual direction right now. Juts trade within the range and don't expect much. Since price broke a high price can reverse and go a bit lower just like how it did yesterday.
Either buy to sell or sell to buy scenario.
Follow along with me here since I posted my last idea about this (see my linked ideas) Gold has done some interesting stuff. And now that I've had time to digest it, I understand what's going on (kinda).
Ever had a trade where you knew you had the trade correct, it hits your sell limit and takes off and your twenty pips up. And before you know it, you 50 pip...
Looking for a sell on Eurjpy on the last but before the sell which took liquidty (Equal highs). The order block is in the premium price level. Targeting once again clean equal lows. Similar to my EU set up.
Looking for a sell scenario on EU as the DXY is now looking very bullish. Data releases on USD are heavy on Wednesday so that is when we could get the spike into our entry point which is the last volume filled buy before the sell which took equal highs, rounded up to the 500 Level for the better RRR. The daily structure is now bearish after making new LL. Entry is...
The DXY is showing increasing bullishness after filling market gap. Meaning NU should be weakening over today and the week ahead. We had highs swept and reversed very aggressively showing market maker manipulation. It then broke the 1H structure and we looked to enter off 1H Imbalance zone using 50% as a reference point using the fib. Targetting 1:3 and 1:5 taking...
The DXY is showing increasing bullishness after filling market gap. Meaning AU should be weakening over today and the week ahead. We had equal highs formed which were swept and reversed very aggressively showing market maker manipulation. It then broke the 1H structure and we looked to enter off the buy to sell open as a reference point using the fib. Targetting...
