the upcoming week ahead bring alot of volatility have days with events and major ones
Recap -
the previous week was more based on sharp turns that has tested important level and broken important level
but left behind some imbalance that given a strong sign or outperformance by DXY
What to Expect - 104.300 the price breakout now the upside potential liquidity would be 105
and there after we have higher time frame (M, W) bearish order block
but the price with big bars has left behind some fair value area
which might holding some good liquidity to fuel if the price expect the upside momentum
Key Area -
keep eye on 103.700 > 103.400 > 102.850
conclusion try to buy with limit order on key area rather than going short
Recap -
the previous week was more based on sharp turns that has tested important level and broken important level
but left behind some imbalance that given a strong sign or outperformance by DXY
What to Expect - 104.300 the price breakout now the upside potential liquidity would be 105
and there after we have higher time frame (M, W) bearish order block
but the price with big bars has left behind some fair value area
which might holding some good liquidity to fuel if the price expect the upside momentum
Key Area -
keep eye on 103.700 > 103.400 > 102.850
conclusion try to buy with limit order on key area rather than going short
Comment:
pricing is taking pullback
Comment:
the fvg near 104.100 does show significant power to bounce might get disrespected
