Well heres my GOLD idea for next week , We surely see less retrace coming into next week The way this week candle closed , I expect next week to be less of a retracements , however we can see some bearish move Monday and Tuesday / wednesday .....
This is what ive notice in dxy. As wee got into the highs price is more likely created liquidity for furthur push instead of sweeping the highs. I expect it to be bullish for awhile.
This might be my next bais for EU. At the same time DXY is bullish for awhile so EU might not push up straight from here. Either it moves slow or starts consolidating creating liquidity for upside so it can push quicker coming days.
As we successfully close above the imbalance. This might turn up as a support for the price now.. You can see how price is respecting this zone so price will definitely try to make this a support and head toward these equal highs on daily timeframe.
This is what i am lookin for in nasdaq. $ is abit stronger at the moment so i can expect stocks to tumble abit for awhile. Until we rebalance and take out the major liquiidity downside.
For a clear vision of what can possible happen in gold today. As we sweep the sellside liquidity now it's turn for the buyside.
As excepted we are creating support in weekly opening gaps. Hope you guys can capitalize on this analysis.
Finaly we took out the old resting liquid downside. Now as I expected this will be our bullish starting. We might see a rally today.
We are continuing to push toward our next liquidity draw on price point.
This is what i might be looking for tonight either run on liquidity 1. Or 2
These are the zone that can act as a strong price hold so if you're a scalper you can have many oppourtunities within these zone. They are the real support and resistance of the market gaps.
This is what I anticipating that could possibly happen. High posibility that this weekly SIBI can hold and reverse the price however if not it can run over those equal highs next.
As we turn bullish again. I might wait for little retracement to get into any buys tonight or coming days. These are the opening gaps that can work real support resistance for the price. Good luck tradin' nasdaq.
Once it reaches to the buyside liquidity and weekly opening gap, i am anticipating it to come back to it's bearish institution order floww.
This weekly char show what you should be expecting from GBPJPY. I'll let it retrace down to discont zone before switching back to bullish bais. As soon as a price reach discount i'll no more be selling GJ. As we have created more liquid upwards just to push higher coming weeks.
This is my weekly outlook on EU. Dxy has been super bearish. Thus I will long on any USD pairs coming week. Watching closely at DXY at the same time will be ideal for any long entries.
As the news hit harder on DXY, USD pair are seems to back in bullish trend. This will be my clear bais for GBPUSD, weekly Timeframe.
NAS is bullish currently , digging deeper into the daily imbalance. I want to see it reach that weekly imabalance. We will see how it reacts to that level before jumping into the conlucion For now my next draw on for nas is that weekly imbalance.