With help from US CPI we have broken below major support levels for EU and could still see a strong bearish bias down to this daily demand. More high impact news to come in the morning to see if we can carry on to the downside.
Not much for this pair come market re opening. Still moving bearish on the higher time frames and we will see how Asia session runs to see if we come into this 4H demand below or if we pull up and can look to short down into this 4H demand. Will update on EU in the morning.
As awaiting to see how our pairs re open if we continue to stay bullish on this pair we have had a clean 4H demand respected and a potential 15M POI to trade from. As we have mitigated already i would wait for a potential 5M conformation entry style on this POI. I will update when London session takes place.
With the DXY looking like falling to the downside on higher time frames, I will be waiting for a conformation of the lower time frame out of this 4H demand price used for its bullish PA today. Handle of 1.27000. Will update if we mitigate or penetrate further highs.
As NFP saw USD higher then expected as well as average hourly earnings. We can still see a Bullish run here. The 4H Demand that caused the shift has been mitigated and not looking for our POI there. Backtesting this a lot i have picked up on FVG's on the 4H be respected very well for lower time frame conformation so will be looking for a mitigation here and...
Currently holding this 4H demand price used to create last years highs. Also have a handle on our 4H. Waiting on lower time frame conformation before getting in on longs here as markets are slow and would like to see the extra confluence before trying to hold for time.
This would be the lower time frame development i would be seeking before looking for longs out of our 4H POI.
Of our 4H zone shown before this is the lower time frame development i would want to see before looking for longs.
Currently holding our 4H demand level price used to create new highs on the 4H time frame. With the DXY still looking bearish and the handle on this zone if we can see the correct lower time frame conformation out of this 4H demand we could see buyers still in control.
Currently in a decreasing volume market but nevertheless will still see if our edge is in play. On GJ we at a pinnacle support range where price used around this level 2 times during the year to create months of bullish price action. Waiting to see if we can use this 4H demand to the upside and wait for our recent supply to be taken. On the other hand if we see a...