$EURUSD
Weekly Review -
➡️Price was consolidating for most part of the week therefore trading opportunities were scarce
➡️Weekly chart bleeding in red however the probabilities are increasing for an upcoming consolidating month(s) or perhaps a sharp squeeze rally
$DXY - Update
I am looking for $DXY to continue until the fill-in h4 FVG. From there onwards, I will let price decide whether it wants to continue trend down or go for a reversal attempt
$DXY - Weekly Forecast
➡️ Long-term bullish dollar - Price heading to fulfil MMBM
➡️ Short-term play - Potential H1 SMR which needs to be confirmed with bearish - order flow
$EURUSD - Weekly Review
What I learned this week:
➡️Relative strength is important. Compare $EURUSD with $GBPUSD and see which pair had more velocity
➡️Trading is easy when you allow the market to print candles for you.
$EURUSD - Weekly Expectation
➡️With $DXY velocity to clear out buy-side liquidity, I am expecting bearish continuation
➡️A lack of red folder news events highlights a higher probability of consolidation therefore patience will be needed to avoid false MSB
$EURUSD - Weekly Review
This week has had no trades since the read-on price action was complex. Looking forward to next week with the summer break over.
$EURUSD - Expectation for the Week
➡️ Monday - UK Bank Holiday therefore real volume will appear in New York + NFP Week
➡️ Clear continuation of a bearish trend with displacement
➡️ Internal Liquidity to External Liquidity is the aim of the MMSM
Weekly Review - $EURUSD
Notes - Clean price action delivery with clear shorting bias. Price respected P&D arrays and travelled alongside higher-time frame bias
Performance -
Hardly available to trade for the week however took a -1R loss on EURUSD due to poor execution