Ictstudent
$EURUSD - JUDAS SWING - Low of the week hit. (Idea)I personally called a buy to myself earlier this morning because I'm anticipating prices to get to 1.184-1.185 ish before we start to see a down trend. Here's The trade I personally called. I had a limit set and it hit in London and I woke up in profit so my natural instinct is that we would have a buying bias going into today anticipating that high for the week.
Then I saw another buy opportunity and took that.
And as you can see, that didn't work out
So like any normal trader I waited to see what was actually going on. And I still have my chart marked up with all of the order blocks and I couldn't have been more surprised to see that it hit the same order block from last week. So I bought based on that. It hasn't made a lower low so my analysis stands that it will eventually get to my high that I'm anticipating which is 1.184-1.185 ish. I've done too much analysis on this chart but I just got hit with something I didn't expect today. But that's ok. It just gives me another chance to get back to where it is going to be. So here's my current position to my current aim.
P.S. I don't believe in trend lines. Only discount prices.
DXY H4 OverviewDXY Fill it's Liquidity Void last week as expected but is that all?...... Smart Money Buy Orders are currently underwater and the loss will need to be mitigated by a retracement to correct an Inefficiency. The Long term Move for the DXY is an Expected low back to the Daily FVG. Expect a very Strong fast bearish Movement on XXXUSD and Bullish on USDXXX Pairs.
GBPUSD Bullish Until... -JordyDaddyFX
There is liquidity sitting above the highs see how there's a triple top.
rice can go ahead and sweep those highs off if DXY will continue to be bearish.
Until then my BIAS on DXY remains BULLISH.
I will buy off on the 1H chart when it touches the OB or fills in the FVG by it.
I will take partials but keep in mind price won't likely go to those highs if DXY will become bullish.
PROTECT YOUR PROFITS BY TAKING PARTIALS!
I cant stress this enough if your bias is wrong to where TP and you take partials at least you got paid for being wrong! :)
Cheers until then,
GLGT