shreyassanand

shreyassanand

Technicals 1. Successive Bullish Orderflow 2. HTF 4 HR - Bullish Market Structure 3. MTF 15 Min - Bullish change of character after reaction from HTF Supply to Demand Flip Zone 4. Wait for LTF 1/5 Min Entry Fundamentals - ( Macro News) The UK economy grew by 0.2% in the second quarter. The economy is estimated to have expanded by 0.5% in June.

shreyassanand

Macro Insight Eurozone annual inflation fell to 5.5% in June from 6.1% previously showing signs of softening inflation in the region. Technical Considerations Consistent Order Flow that can be seen through two demand zones that broke structure Momentum flipped from Supply to Demand. RR at 1:9.5

shreyassanand

Intraday Speculative Trade Macro Outlook: 29th June 2023 1) Fed expected to remain more hawkish ( Bostic, A Dove, feels this is only the beginning of tightening 2) US GDP Final (Q1) 2.0% vs 1.4% (Expected) & GDP Sales Q1(4.2%) vs 3.5% (Expected) 3.4% (Previous) Technical Confluences 1. Multiple Order Flow from Supply to Supply 2. Inflation Fears from Yesterday's...

shreyassanand

Overview: Price retraced back to the 15-minute supply area while taking out equal highs in the process which is an added confluence in terms of a bearish reaction. Zooming down to the 1 Min timeframe, bearish momentum became more apparent as a 1 Min demand area was invalidated with the price-breaking previous internal higher low structure and creating a 1 Min...

shreyassanand

The EUR/USD has been fairly bearish over the last 3 weeks as evidenced by the consistent break of structures to the bearish side. With various fundamental factors against the Euro that supported the bearish price action such as the uncertainty behind further interest rate increases by the FED and the Debt Ceiling, this trade was able to generate returns on a 1:7...