Road_2_Funded

Road_2_Funded Updated 

Contrary to GBPUSD, EURUSD ended last week with a very bearish candle, couple with relative equal lows. A point of interest for me at the moment is the Weekly iFVG residing above to be used as resistance, especially if price does not break the nearest Weekly Lows to the left with any conviction. Based on my bullishness on DXY, I see EURUSD digging deeper...

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Road_2_Funded

Reading price action daily using ICT Concepts.

Road_2_Funded

We have more clues on the Weekly timeframe. Most recently, price broke out of a descending trendline and immediately rebalanced into a small Weekly Bisi (annotated by red arrow), which is usually indicative of rapid continuations to follow. As a prediction, I see price digging into the Monthly Sibi and the nested Weekly Breaker Block and possibly Weekly...

Road_2_Funded

The Dollar Index has displaced to the upside on the Monthly timeframe. Prior, it dipped into a Monthly Sibi for multiple months before one final stab and bounce. Current targets are the NMOG and digging into the Monthly Sibi. As a result we should see lower prices XXXUSD pairs in the coming. Seasonally, mid-October sees an incline on the DXY.

Road_2_Funded

EURUSD is clearly heading lower on the Monthly chart. There was a sharp rejection at the large NWOG above, after taking out a Monthly High, and the Monthly candle failed to close above the previous Month's highs. Now we have displaced towards the low of the recent intermediate Monthly Low. I don't see us heading to new highs from here, and at the very most a...

Road_2_Funded

There is nothing too significant based on last week's candle. My only observation is that it created equal lows and ended with a green candle. Based on my analysis on the DXY, I could see that weekly candle being a catalyst to induce the bulls into the market. The only concerning thing is the Commitment of Trader report with large specs still being heavily...

Road_2_Funded

On the weekly timeframe I have a POI for a potential reversal to the upside (or at least a retracement), which is at a 2 week FVG, possibly digging into the weekly wick Consequent Encroachment slightly below. Price recently reacted off the high of a NWOG this week. I am keen to see how it plays out from here. -R2F

Road_2_Funded

Last monthly price fell short of a monthly FVG and this month retraced lower that last month's low. Price is currently finding some support at a confluence of PD Arrays (Monthly Order Block, Monthly Breaker Block, and Consequent Encroachment of a inverted monthly wick). I have no bias at the moment on this timeframe as price could go either way, and we may see...

Road_2_Funded

Price displaced up, to and through the NWOG, stopping almost exactly the top on the weekly timeframe before getting rejected almost just as quickly as it got there. The previous week traded into a weekly FVG above, and in IOFED fashion it displaced back down to a weekly iFVG. Currently, price is at equilibrium and could go either way from here. I will be...

Road_2_Funded

Last month we saw a sharp rejection after taking out a monthly high and monthly open. Currently no body has closed below the monthly FVG/Sibi. I would be interested to see if price is drawn to take out the previous month's low, and if so, how does it react afterwards. If it takes out the second monthly lows, then the monthly FVG/Sibi would be a nice...

Road_2_Funded

On the weekly timeframe it is more convincing that the last spike down was a sellside liquidity grab in order to start reaching towards the buyside liquidity, starting with the descending trendline. I will be anticipating further movement higher over the weeks/months to reach for the weekly Bearish Breaker Block. I also expect a measure of using a previous...

Road_2_Funded

This is my take on the DXT monthly chart based on ICT's concepts. R2F

Road_2_Funded

This is a potential long setup on EURUSD. I do believe we are gonna start seeking higher prices either CPI today, or PPI tomorrow. The only other alternative is a drive lower to hunt for liquidity, push the bearish sentiment to the masses, and then crawl back up whilst taking out anyone looking for an opportunity to get in short. Both are valid ideas. Only...

Road_2_Funded Updated 

This is a possible long setup, without any lower timeframe confirmation, targeting 1.346 at least. However, this may just have been the retracement before heading lower, so I would suggest waiting for more confirmation on lower timeframes to support the entry. R2F

Road_2_Funded

Possible long setup on EU. The overall higher timeframe bias is not confirmed in my eye yet, but there may be a potential long intraday form within the current expansion range. CPI and PPI at the end of the week, so be prepared for funky stuff. R2F

Road_2_Funded

I am under the anticipation that XXXUSD pairs are accumulating and USDXXX are distributing. Based on the current price action of the DXY chart, I am anticipating weakness in the Dollar. This is the setup I have based on DXY, which would have to be translated to respective Forex pairs and/or Commodities, etc. The safest protocol at the moment is to wait for...

Road_2_Funded

Anticipating higher prices on EG. Looking for price to trend higher before a potential higher timeframe reversal/retracement. Will see how price forms on the lower timeframes near my entry level. R2F

Road_2_Funded

Anticipating lower prices on UJ. This is a retracement setup to go for lower prices. When prices gets to my entry area I will see how price forms on the lower timeframes for a better RR. If the formation of price structure lines up with my bias, I will enter. Always wait for confirmation on lower timeframes. R2F