Classic break and retest theory We ran a previous Daily high after breaking a swing high to the upside, we have volatility induced at 0030hrsNY. The swing broken acted as support and a continuation higher is probable. Expect all momentum to be bullish and draw to the Previous Week's Mid. Asian Close Entry with a continuation to New York higher squeezing all net...
Anticipate a consolidation on pairs crossed with the DXY or USD in anticipation of FOMC news which may cause a rangebound market before the true move is established. I have switched interest to the crosses. Anticipate a run on the Previous Daily Low before a reversal may be inbound
GBPJPY is poised to go higher. From a price action point of view. We have a massive pool of liquidity of . With London Open, smart money has played the false turtle soup short to induce dumb money into short positions. However, they are building long positions as the price is pushed lower to be counter the move and potentially run the liquidity pool....
On further analysis of the Yen Futures, we observe a market structure break for the first time. Any time this happens we anticipate net long traders at that price being triggered long while the smart money is short on their orders. Any net long trader at this level has to be liquidated. Logically any net trader long(dumb money) will have their stops below the...
After the Open, the price gaped lower trapping net long positions at 81.68. Price is delivered lower and broke a swing low at 81.33. This market structure break illustrates the willingness of the market to go lower potentially reaching a target of 80.70. With entries in the PM Session during the London Close, I expect institutional Selling of JXY at 81.50 as...
DXY is poised to go lower to a discount price and potentially reach the Previous Weekly high after a market structure shift next week. However, as of Friday, all momentum is bearish potentially till London or NY for a reversal. The expectation is that Sunday's Open should potentially push the price lower to a discounted price and potentially draw higher unless the...
DXY is poised to go lower to a discount price and potentially reach the Previous Weekly high after a market structure shift next week. However, as of Friday, all momentum is bearish potentially till London or NY for a reversal. The expectation is that Sunday's Open should potentially push the price lower to a discounted price and potentially draw higher unless...
Anticipate DXY poised to go higher, GBPUSD should be inversely correlated and move bearish. Entered at London Open. before the open of 0400hrsNY candle . Anticipate a draw on liquidity at the Previous Daily Low. with a sweep of at least 15 pips and a final target at the candle closes to the left. The environment is risk-off. Stop placement above the OB after the...
Anticipate higher prices in DXY, with NFP tomorrow providing more volatility for a push in price higher. Don't fight the FED. The Dollar strength is eminent. Asia would provide more volatility through London Open the next day. the massive imbalance in pushing price lower for smart money longs at an OTE to squeeze higher with potential exit/liquidation of...
Anticipate lower prices and a melt in price. DXY is poised to go higher. With the Fair Value Gap filled and 1030hrsNY from the Economic calendar, anticipate the play to squeeze lower to the close, and potential squeeze in Asia. . Since price has not run the PDL deep. Bets on the short side with the presence of equal lows(retail resistance) possible liquidity....
Expect a higher push in GBPUSD following an anticipatory weakness in DXY indicated by the switch of money to safe haven. Confluence: risk on. shift to risk on. Metals surge, palladium, Gold, and Silver should follow suit/ Similarly AUD/NZD/GBP/EUR should follow GBPUSD classic setup to squeeze higher, expecting price to be pushed above the consolidation area,...