since gbpkpy os forming a lowerhigh on my bigger time frame and this high is holding ill be looking for a sell at this level just waiting on bearish confitmation on the 15 min and the 1hr just for a little bit more conviction make sure you keep eyes on this and most likely other yen pairs im looking for yen strength today as long as thes highs hold
i have been following dxy for about a week and been tracking to the t to help with getting in and out of dxy pairs when this move is ready to go up ill be looking to sell gold and a few other usd pairs like eu
seems like this news is setting dxy for a nice pull back after that last explosive move if 104.200 holds we can see another leg up for a move up since dxy made a higher high im still bullish biased over all this pull back most def was needed now if the next push up doesnt break that last dxy high we could see seelers start to step in
usdcad made a lower high on the 1hr shot back up failed to break the high and i believe once we get a bearish break of structure on the 15 min you could get in a nice sell
im looking to sell uj next session if 136.6 holds if so we will see a nice push to the downside towards 134.7-134 area
much needed pull back here from the dollar and a retest of 104.6-104.9 would be nice for a continuation to the downside now if thats broke we could see bulls back in play but as of now its still bearish
since dxy fell a decent amount from the news us30 should make a slight push up b4 making a move down the 1hr already showing a nice symmetrical pattern so im loooking for the sell setup but there is upside for the short term tdi is in bearish area as well
dxy is here at a key level once again a break here we could see another push down to that 104.4 level first then 104.200 area and if it fails to break back up we could see continued downside on the flip side if it holds here we could see the dollar get strong but at the moment its still a bit bearish so there will be some nice usd trade setups
i want to see how dxy plays out but if the 104.800 level holds we could see a nice move to the upside if not we will see a test of bigger time frame order block which would a nice pull back for a possible move up either way im waiting on price development market is getting ready for some nice size moves
the 1hr dxy is still bullish and creating hh and hl right at that last bullish ob if 103.800 level is one to watch and also the last higher high level watch it as well dxy still looking bullish to me
after that nice move up gold hit a nice order block on the 1hr which was a profit taking area so a nice sell setup on the lower time frames could potentially see a move back up to test 15 min ob before pushing down it it can just push on down and you can get in with a nice low risk sl in place or wait for the better entry either way nice setup here im looking for...
gbpjpy clearly in a uptrend on lower time frames and also pivots still showing trend up at the moment but this level gettin hit on the 4hr we could see a nice pull back which would be perfect for tomorrow for a buying opportunity around 159.1-158.8 now when it get to tomorrows pivot levels i want to see what it does just because we have equal lows "eql" and trend...
after that nice push to the down side im looking for a retest to this orderblock which is also r1 on my pivot levels and also lastly where market structure is at that high so i want to see a nice rejection followed by a change of choch heading back to the downside now this idea would be voided if that high get broken but thats why we wait for confirmation ps a...
keeping a eye on nas at these levels after coming off a major pull back and making a lower high i want to see what price does around that 12500-12600 level if it holds we can start seeing another lower high which and another push down towards the 12100 level which is higher time frame orderblock area as well do keep in mind my biased is bearish at the moment due...
this goes hand and hand with the last 4hr markup this is just more zoomed in for entries and exits for people in and out of the market right now im margin trading on kucoin
strong retest of a 4hr order block which was needed that ob was from aug 14th and we also had trend line liquidity "tll" if we get a lower high and this low breaks we can see a nice move down which my point of control is 23000 which is that yellow line price breaks that we can see a nice fall like gold just did this past week which would put btc around 21k before...
dxy is at a nice turning point after a nice bearish push to end the week dxy tries to climb back up on market open upside right now is a bit limited unless i see a break above 107.500 failing to break the daily pivot at the moment and also opening below a weekly pivot im currently looking for another bearish push down for dxy which should pump gold a bit