an update on my last idea from yesterday. we are returning into premium after a market structure shift, looking to see if price can run into that FVG that's labeled on the 15m chart. still waiting for equities open @ 9:30am (EST) for more volatility. IF ALL THESE CONDITIONS ARE MET, then we should see a nice break down for sell-side liquidity below yesterdays low.
price has come to a critical point . we broke below daily equal lows (feb 2021 lows) after 2 rallies failed(in December 2021, and feb 2022). the February high cleared all buyside liquidity and started to break down dramatically. just because we've been making higher highs (since April 2022) doesn't mean that we're bullish long term. my bias is short, at least...
Hello everybody! What you are looking at is a daily and 1hr chart of xau/USD (gold). Price has been Bearish for a few days now but I don't think we are bullish just yet. My bias is still bullish on the dollar, based on analysis of DXY and with current world conditions. Looking for another run up into buy side liquidity, and then another shift to the downside to...
