DWoodz

01:40

DWoodz

We had a tight consolidation last week. This week I'm thinking we can get some better moves.

01:43

DWoodz

All week we have been in consolidation. yesterday we had a break to the downside but it failed to continue and starting to revert back to the consolidation zone. Maybe we can end up getting a break out from this zone to the upside to close out the week...

02:03

DWoodz

now that we have news out the way I'm expecting to get some movement and a breakout. Holding out till London session to find a solid entry within the killzone.

01:44

DWoodz

if we can get a breakout to either direction we can get some indication on where price wants to go next. I'm expecting bullishness but sitting on hands and waiting for London session before calling it.

02:25

DWoodz

So we are bullish for now on GU Looking for it to break the previous weeks high before continuing bearish. If price can not break below the previous daily level and hold I'm looking for the push up for a better sale opportunity.

01:59

DWoodz

Now that we have made it to the end of the week I'm looking for price to retrace for a rotational move. The trend will likely not continue until next week.

01:23

DWoodz

Slow day yesterday. Now looking for price to give a direction for a bigger move and looking for test at key levels.

01:57

DWoodz

Have to wait for price to confirm what it wants to do. Price has moved to test some key levels but now showing if it wants to continue just yet. we will sit on hands and wait for London session to get more supporting evidence.

01:38

DWoodz

I want to be bearish but I'm not convinced yet that price wants to move bearish. Being that we are transitioning to a new month price can easily continue bullish before flipping bearish. We just have to wait and see.

01:19

DWoodz

Price is looking for a area to turn around. but for now we are trending bullish and looking like it will continue for a while longer. Monitoring price for scalps.

02:13

DWoodz

Price is not ready for bearish action just yet. we will continue to look for scalps on the buy side until we get clear indication that it is ready to turn around.

02:09

DWoodz

So i was looking for price to turn bearish last night but it looks like they are not done just yet. There is a zone I see price might just be going for. monitoring London for Scalps but not expecting to much more movement until next week to close out the month.

02:39

DWoodz

Now that we have gotten the fed rate announcement out of the way we now have a bullish Dollar. In turn making GU turn bearish. Price took out the Monthly high but still managed to close the day below it. I'm expecting price to be choppy till London session when we should get some bearish price action.

DWoodz

With price current action braking just below asian rang and rejecting inside of the killzone I'm thinking we will not get a small breakout to the previous Weekly high range. A opportunity to scalp at least 50 Pips.

02:36

DWoodz

Price is pushing bullish but starting to reach areas that it can turn around at. Just be cautious with positions. we are still pending fed rate announcement this week that can totally shake things up.

02:04

DWoodz

Need to see more before standing firm on a direction. With the recent bullish breakout I want to how it reacts the next 2 days before the fed rate announcements.

02:50

DWoodz

Now that we have the bearish breakout. price should continue moving bearish for now. Will wait for London session to find the next entry.

02:21

DWoodz

Last nights GBP news was not enough to make price push to give us a solid entry on the bearish move. We are looking for reactions to FVGs just above the previous daily high before considering any entry.