3 JANUARY 2022 10 YEAR T-NOTE DAILY BIAS ANALYSIS
Summary :
Sideways market
Confluence :
-10&20 EMA (DAILY) = BEARISH
-BEARISH SMS/FAILURE SWING
- 1D ICT BEARISH FRESH ORDER BLOCK
- MOST RECENT LIQUIDITY RUN ON MID TERM SWING HIGH (DAILY)
Conclusion :
-Bias = Bearish possible bullish even testing the 1D FRESH BEARISH OB , Bullish for Dollar, Bearish for Major Foreign Currencies (EUR,GBP, etc.)
-Target = EQL
-Probability = LOW, still very biased because it's still the first day in 2022, t-note still delayed, market still have to create a setup to go somewhere. Well it's safer to have a bias about the market condition. and trade later when the market unfold a high probability setup.
-Suggestions = Find another confluence, in the dollar index & the pairs that you want to trade, Higher Time Frame Or Lower, wait till Tuesday/Wednesday.
Sideways market
Confluence :
-10&20 EMA (DAILY) = BEARISH
-BEARISH SMS/FAILURE SWING
- 1D ICT BEARISH FRESH ORDER BLOCK
- MOST RECENT LIQUIDITY RUN ON MID TERM SWING HIGH (DAILY)
Conclusion :
-Bias = Bearish possible bullish even testing the 1D FRESH BEARISH OB , Bullish for Dollar, Bearish for Major Foreign Currencies (EUR,GBP, etc.)
-Target = EQL
-Probability = LOW, still very biased because it's still the first day in 2022, t-note still delayed, market still have to create a setup to go somewhere. Well it's safer to have a bias about the market condition. and trade later when the market unfold a high probability setup.
-Suggestions = Find another confluence, in the dollar index & the pairs that you want to trade, Higher Time Frame Or Lower, wait till Tuesday/Wednesday.