Large retest region where we could see previous support become resistance, looking to sell the high of the day and then continuation of dollar weakness. Dollar fundamentally weak in my opinion
22% gain since the start of 2021 with TTG
Will be looking for wick to be filled and retest on previous daily high, picking up liquidity and more orders to go on and break through daily high, pound showed strength towards the end of last week. Fundamentally in tact with over 12 million people getting their first covid dose, UK on road to recovery?
Looking for continuation and impulse into, previous daily low and 0.786fib level, will be looking for a raid inside below the area picking up liquidity then looking for strong impulsive move upwards. NFP tomorrow so price action may not be very strong until tomorrow but lets see. If caught correctly good opportunity to make some good returns here.
Following from yesterdays idea, it does look like we're going to see some raiding of the highs to collect all liquidity. Will be looking for impulsive move into and above resistance. Will then enter if price action looks like it's reversing
By the look of it Wall Street Bets are going to be pumping XRP along with other cryptos this week, if this level holds could be a good entry to ride it back up into highs created towards the end of last year
No reason pound should see any continued strength, looking for sells all day tomorrow, could either see it start selling from market open on one more raid of the highs to sell from up there where liquidity is being stored. Either well will be looking for viable set ups to sell from, will update tomorrow
Looking for M formation at these highs, potentially an impulse above highs wiping stop losses and picking up liquidity then can capture a pull back down. In my opinion there is no reason why the pound should be this strong so will be looking to move from this uptrend into a downtrend
Lower lows created all of last week, could we be seeing a strong move down and break through all of these lows, will be looking for some fake buying through Asia session tonight to sell through in London session tomorrow
expecting gap upwards, gap to be filled and liquidity collected around Fridays lows, to then see move to the upside taking out previous highs, then potentially a continuation upwards. Lets see, interesting week ahead
Looking for gold to pick up liquidity held below the support, any impulsive moves below support could be an opportunity to get in long and ride gold back up, lets see, again will be updating after market open and Asia session tonight along with my other analysis. Could gold start moving inversely to the stock market again?
This week I'm looking at the dollar showing continued strength from last week. Dollar to hold above the SMA and gap upwards tonight, looking for the gap to be filled through Asia session then a continued move upwards tomorrow, if the stock market does pull back like expected this adds additional confluence to a strengthening dollar due to their inverse...