daniel_dobos

daniel_dobos

im long-term still bullish on EU, but before going up id like to see the low taken out and maybe close the daily imbalance. option 2 is something i keep an eye on. if nothing looks good, ill just wait for friday pce data to give a clear direction hopefully. have a great week everyone!!

daniel_dobos

nothing is clear on EU for now, theres lots of consolidation, so best to wait for a clear direction. im more inclined towards price going to the upside because of the rate cuts narrative but we'll have to wait and see what the chart tells us. have a great week everyone!!

daniel_dobos

i dont think were going to fill the daily imbalance below, weve taken out a lot of liquidity left on the way up and we just hit a the weekly demand zone, taking the liquidity from below it as well. on the weekly price is very balanced and price action is very clean. this week is ready to blow to the upside in my opinion. us labour market came in strong, and...

daniel_dobos

i see price coming back to the area marked in green to then continue its bullish trend, i expect friday's nfp to be the catalist of the turnaround. not sure if we taking fridays high first, we'll have to see on that have a great new year everyone and lots of pips hopefully 🤞

daniel_dobos

on the weekly we created a higher high, and even is if not body above wick for me this is valid; daily too has a higher high and then a indecision candle which left an imbalance below it, but we are on a strong supply zone and is normal to get some rejection here. in the the daily imbalance (blue line) we have a strong H4 demand zone that broke previous daily...

daniel_dobos

were finally back on bullish side with this pair, and after fed's interest rates and powell's speech indicating dovishness i am very bullish on this pair. we retested daily structure, and now pushed up again on interest rates day, so as long as that demand that created the imbalance holds im fully bullysh. i expect to retest the demand or at least close structure...

daniel_dobos

price continued to come down this week, we rebalanced all the big up move from last month, closed daily structure and with the NFP news we tested the demand that broke structure to the upside on the 14 of november, which coincides with the last CPI data release. in terms of price action we had thursday closing in green but with a big rejection downwards and...

daniel_dobos

we had a big retracing week with which weve taken a lot of liquidity out that was left along the way up. theres still one daily low i believe will be taken out on monday together with last week's low, before we then continue the upwards trend. after hearing powell's speech on friday i believe EU is ready to rally up again. the W D and H4 have all closed with a...

daniel_dobos

we had our pullback week on the EU pair so i dont expect to be going much down this week. weekly daily and 4H timeframes all have a beautiful rejection wick, timeframes are realligned now so ready to rally up again. all i expect is a bit of a pullback around 9250 area and then to go up with upside target the 10000 area, where we have a supply and daily high with...

daniel_dobos

we had cpi news and jobless claims this week both confirming a shrinking economy and so the dollar had come down bringing the EU pair up. i expect this to continue next week. after the big push on tuesday we created relative equal lows on wednesday and Thursday which we then swept on friday at the begin of london session and kept rallying up. i dont expect price...

daniel_dobos

We traded into a monthly imbalance without fully closing it up top. the red lines indicate monthly weekly daily liquidity at the bottom and daily/weekly liquidity at the top. i dont expect pwh to be taken out this week, i expect price to go down and take out at least fridays 3 november low to then bounce back up from 1.06250 area or 1.05500 area. On the 4h chart...