traderxel

traderxel

I would like to see price sell down into the monthly FVG and then gain enough SSL to head higher into the weekly gap and BSL above towards the end of NFP.

traderxel

I think price trades up and takes out BSL into the daily FVG ahead of FOMC on Wednesday and then we trade down lower into SSL on the daily.

traderxel

Now let's say I'm bearish on the week. I want to see price take out HTF BSL first between the first two days of this week and then trade lower the rest of the week.

traderxel

So for my first scenario I would like to see price retrace lower into liquidity between Monday and Tuesday and then head higher for the remainder of the week ultimately taking out the liquidity above.

traderxel

This is also a likely scenario. Price sets highs while retracing Monday/Tuesday. Then sells off hard into the rest of the week. I could see this happening as well. I do wonder if we will have enough steam to get that high though.

traderxel

With all the news this week... price could just choose violence and trade down the entire week. Taking out all the liquidity below. I am a fan of this scenario from a traders perspective lol

traderxel

I think we could see price sell off hard this evening down into 4016. I would like to see price gap down and keep on selling.. it wouldn't give retail who are still long a chance to exit.

traderxel

I don't know what the hell gone happen this week it can go either way. NFP week and hella high impact news. Liquidity traps otw be safe.

traderxel

I would like to see us set a high early in the week. We have FOMC and rate decisions on Wednesday. GDP and PCE Thurs/Fri. We have the catalyst for volatility. 3800 feels on tap if numbers are no bueno.

traderxel

I am leaning bullish this week after last weeks sweep of the lows. I believe the draw on liquidity is above and there isn't a whole lot of news that could be "bad" to cause a drastic swing in price lower.

traderxel

High impact news Wednesday-Friday. I am expecting price to set a high early this week potentially taking out those equal highs on the daily and then sell back down.

traderxel

The second scenario I could see happening this week would be us tapping liquidity in the daily imbalance and then retesting the +B one more time. Ultimately heading higher into the end of the week with news being better than expected. This could kick us off for a semi bullish July.

traderxel

My first scenario I could see happening would be us continuing bullish this evening, into the short day tomorrow and maybe overnight Monday into Tuesday. I expect Tuesday could be the high of the week trading us up into that daily gap. Most of this bullish move will happen while the US stock market is closed not allowing retail traders who bought into the...

traderxel

Price trades up to avoid a daily FVG and drops the rest of the week

traderxel

Price fills the gap below and heads back up into the daily fvg

traderxel

If we are expecting this week to be bearish I'd like to see price trade up further into the weekly gap and -b on Mon/Tues also creating a daily gap. Wed-Friday I'd like to see price trade back down into that daily gap created.

traderxel

If we are expecting this week to be bullish I'd like to see the first two days of this week trade down into 3806 and back up into 3942 throughout Wed-Friday.

traderxel

The market is moving on low volume today. I'm expecting price to potentially run back up into liquidity Tues/Wed before Powell and high impact news Wed and Thurs. This week should be volatile like the rest.