Price may decide to clear the Equal Lows created on Friday while filling the Fair Value Gap so as to push higher. As always we have to wait for price action to tell us the story. Our only work is to wait without tiring.
EURUSD Daily outlook. Has also created a DAILY BOS. It shall be very interesting to see what happens to that area of price. But we must retest that broken monthly ORDER BLOCKS. Broken Order Blocks become Breaker Blocks.
Having show us that the trend is indeed an uptrend. Our biases should remain on the bulls side. Wait for a proper entry and take a buy.
EURNZD has broken the 1 hour support and with this we are looking for a retest so as to keep going down. Be patient for te right entry.
The Cable is approaching a significant high and with this, we expect that there will be a reaction since there are 4-hour order blocks that have not yet been tested as well as 1-hour order blocks. Stay alert and use proper risk management.
With the pair having respected the monthly order block. We have seen a massive sell-off with the latest being last week where it went a massive 500+ pips. This week we hope to continue with the same momentum up to around 155.000 ZONE.
The Bear run on GBPUSD has been very persistent with this beast breaking even lower lows which are very significant. This does not seem to stop any time soon. It seems this pair is going to clear the below 2020 liquidities before we can decide on any moves to the upside. The IG client sentiment also says that 90% of all retail traders are long on this pair and...
Eurchf has been the most consistent pair for me this week providing sell opportunities all over. When it retests the broken order blocks. Then we can keep looking for longs.
EURCHF broke the 1-hour support before coming back to retest. We should be seeing a sell of the downside.
Yesterday CADJPY broke 1-hour order blocks confirming our sell bias. Today we wait for it to retest the areas it broke yesterday for us to go short.
Yesterday we saw the Cable rally up about 160+ pips during the London session breaking significant hourly and 4-hour order blocks. With this we expect the long trend to continue and the bulls to take over. With this what is left is just sitting back and making observations and not jumping the gun. At this time risk management should be thoroughly applied at...
AUDCHF Being on serious sell from last week should keep rallying down even this week on a much higher scale.
Price is still reacting at the weekly order block and due to this, we should be expecting some longs this week as price looks to breathe from the extremely bearish market. As always use the 1 hour for entry or the 15 minutes tf.
USDCHF has broken 1-hour order blocks before coming to retest them. With this, we should expect a massive sell-off to the downside.
After clearing the 1-hour order blocks on the 1-hour time frame. We have seen a rally to the downside. My thoughts are that the rally is set to continue as we anticipate for NFP which will likely create the low of the week. Hence when the Judas swing approaches the hourly liquidities we can begin looking for sells.
GBPJPY has proven that it's indeed shorting by creating breaker blocks that indicate a change of direction, especially in the high time frame. We should be expecting this pair to keep shorting throughout next week. Go to the lower time frames and begin looking for shorts in the one-time frame during the London open.
This is GBPUSD or the Cable. A very valuable beast. This one is going to clear the liquidity in the weekly time frame before we see a turn around. Liquidities are where the institutional orders exists. Your work as a small scale speculator is to identify those areas and make a killing. If you can't do that. Then you become the hunted.
The DXY which value of the U.S. dollar relative to a basket of foreign currencies fails to break the daily order block which is a key Institutional Price Level. Will it break this key zone or will it keep ranging. Remember in the weekly zone we have order blocks within order blocks that have not been tested. We hope to see a positive move by the DXY in the...