High Impacting data

13 sept. 2023

Usually with high impacting data releases a manipulation to induce buyers/sellers happens.
This can be X amount of pips above below retail support/resistance.


Mapping liquidity on the chart.. no all key POI's are on this chart just for the sake of having too much on one chart.


Still within Macro retail trend.
Broke Micro retail trend last week, thursday W formation low of week.
Now have the new micro retail trend forming .

Im not going to say price is going to do this, that & the other.. nobody knows what will happen! stance is react not predict.

13 sept. 2023

Note

going by FVG's seems we are heading down... data could change this theory.

Candle closes below the 50% of an fvg usually mean the FVG won't hold & with a retest to the 50% CE level holding would have been great if data release wasn't around the corner

13 sept. 2023

Note

induced both buyes and sellers.
No displacement yet... currently sweeping London highs, if there is no displacement then its a sweep of BSL so in theory next we will have SSL as next draw on liquidity

13 sept. 2023

Note

13 sept. 2023

Note

13 sept. 2023

Note

NY 8:30am opening candle price holding as support... once we break it should just flow