This week eco news (Jun 29 - Jul 5) We have PMI on Tuesday | CrypLykos on Binance Square

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This week eco news (Jun 29 - Jul 5)
We have PMI on Tuesday & NFP eco news on Thursday. Always be careful the day before NFP and the NFP day. 

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$BTC - Technical Analysis Monthly Last candle filled most of previous candle's wick then closed below 0.5 of the wick. A SFP is formed. I'm leaning toward P trading lower. Let's see how P reacts to last candle's wick. Weekly Last candle traded to weekly FVG then closed above 0.5 of old candle's wick. Looking for P to trade higher. We have PMI on Tuesday & NFP eco news on Friday. We also have Independence Day on July 4th, so best not to trade on that day. Daily Last candle traded back to daily FVG then close above 0.5 of the FVG. Both sides of daily candle got tagged. Looking for consolidation or reversal in PA. We have PMI eco news today. H1 Looking for P to sweep buyside to look for short. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.

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$ETH - Technical Analysis Monthly Last candle traded to monthly FVG and monthly -OB again then closed below it as indecisive candle. Looking for P to consolidate or reverse. Let's see how P reacts to last candle's wicks. Weekly Last candle closed above weekly FVG & old L, so a SFP is formed. Looking for P to trade higher. We have PMI on Tuesday & NFP eco news on Friday. We also have Independence Day on July 4th, so best not to trade on that day. Daily Last candle traded to daily FVG again then closed above it as indecisive candle. Looking for consolidation or reversal in PA. We have PMI eco news today. H1 Looking for P to trade to M15 to look for long. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.

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DXY - Technical Analysis Monthly Last candle closed below old L and monthly FVG. Looking for P to trade lower. Weekly Last candle traded to daily +OB then closed above it. I'm leaning toward P trading higher. Noting that P has just tagged 0.5 of last candle's wick. We have PMI on Tuesday & NFP eco news on Thursday. We also have Independence Day on July 4th, so best not to trade on that day. Daily Last candle closed below old L. Looking for P to trade lower. We have PMI eco news today. H1 Looking for P to trade to M15 to look for short. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.

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$ETH - Technical Analysis Weekly Last candle closed above weekly FVG & old L, so a SFP is formed. Looking for P to trade higher. We have PMI on Tuesday & NFP eco news on Friday. Daily Last candle swept old H then closed below it. I'm leaning toward P trading lower. Noting that P filled most of last candle's wick. H1 Looking for P to sweep buyside and how it reacts to that to look for short. Or base one intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.

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$BTC - Technical Analysis Weekly Last candle traded to weekly FVG then closed above 0.5 of old candle's wick. Looking for P to trade higher. We have PMI on Tuesday & NFP eco news on Friday. Daily Last candle closed above daily FVG & old H. Normally, I will look for P to trade higher. Today is the last day of the month, I'm expecting P to close around 0.2 - 0.3 Let's see how P reacts to the buyside after taking it out. H1 Looking for P to sweep buyside to look for short. If P trades to H1 FVG 1st before taking the buyside, I will likely to look for long. Or base one intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.

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