Hello, traders. So, welcome to the weekly setups, Volume 198.

Two more Saturdays

and we're going to be hitting Volume 200, which is amazing. I hope you had an
incredible trading week. And as you know, in this video, we're going to jump into
the markets, have a look at what happened this week, what kind of opportunities we
had, and most importantly, what we can expect for the upcoming week. This week was
amazing. We had a lot of volume, we had a lot of volatility, we had a lot of news,
which also provided some amazing trading setups. I am personally having an
incredible week in terms of results and profits. I'm going to show you what I did
mainly on US 30 and SP 500. And of course, we're going to cover all the markets,
see what the projections are, and keep it very simple and straightforward. Let's
try not to make this video too long. If you're new to this channel, it's all about
trading. I share these weekly outlooks and setups every Saturday, and after one or
two months, I'm going to start posting educational videos more consistently.
Currently, I'm settling in a new country and still have some business to take care
of in my old countries and graduation as well. So, I'm a little bit all over the
place. I don't have much time to put out quality educational videos yet, but you
have the five-video series to go through. So, of course, make sure you're
subscribed and turn on notification bell in order not to miss when a new video
comes out. And if you already did, let's get into the analysis. Alright, as always,
we're going to get started with the dollar, but before we jump into the technicals,
it's very important to have a look at the economic calendar as well. So, for next
week, we have a public bank holiday on Monday, meeting minutes for the Aussie on
Tuesday, CPI for the GBP on Wednesday as well. Retail sales, Mr. Powell speaking,
testifying, Swiss Franc interest rates, and Bank of England interest rates. It
looks like this week is pound week. CPI for the pound, interest rate for the pound,
and two Powell testimonies. Friday doesn't have as much. After the massive week
last week, I do think this week is going to be volatile and potentially continue
with the overall bias introduced from this week. A key factor for this week is that
the United States did not hike their rates in this meeting. However, they projected
a couple of more rate hikes later. When the rate is not hiked and when there were
expectations for a potential hike, we can see the Dixie is currently plummeting,
and I do expect it to plummet until the new interest rate hike comes in. When it
comes to Europe, there it is right. 25 basis points increase. We are at 4% right
now, which is good. So again, there is a very big confluence to be longing Euro USD
because the United States withheld from hiking the rates while Europe hiked them.
So again, Euro USD went on a rampage this week. Getting back to the technicals,
well, once again, you know where we are in terms of the macro bias we have been
discussing for quite some time. We pulled back towards that monthly push, this
monthly pullback around 50%. The market came in, reacted, and then came in and took
out that high, right? At this moment, we thought it could be a break of structure.
But you can see clearly we kind of failed to close above and we formed a massive
pin bar. Then what the market did is it went on and actually broke this structure.
So there is a little break. If I just take a thinner line, you can see that there
is a break. Again, you can ask the question, is this a liquidity grab? Is this a
break? That is pretty much the main question you could be asking. And there are
some ways to know. But you can see in this case, the market broke, it pulled back,
tapped into that weekly supply zone, and again took this liquidity, initiated the
move down, tapped inside. We spent two weeks in overall consolidation, and it is
actually this week that we're offloading the shorts. So, first things first. Again,
based on the structure, you can potentially expect that low to go, which is a
weekly low, right? Liquidity low. And for us to potentially continue going lower on
the weekly time frame because again, we have seen that the market failed to
continue going higher. Could there be a bullish bias? Of course, anything could
happen in the market, so don't exclude any bullish bias. But right now, the weekly
time frame tells me shorts. So, I'm going to be focusing on the shorts. Then, of
course, going on to the daily time frame. What I told you is that the daily was
still bullish. We were chopping for quite some time right here within this area.
And then, of course, we had that daily demand zone. I told you that as long as we
kind of hold from that daily demand zone, it's still a little bit 50-50. We had a
little bit of a structural liquidity right there that I thought we could go and
take. But no, the market came in, chopped around, came in again, created a market
structure shift formation, and finally, right now, we are having a daily break.
Let's just change it to D1, right? So that's a daily break. And as we broke the
day, the next candle just offloaded massive, massive bearish pressure. So where are
we right now? Well, we are kind of in the middle, so if we just take the weekly
range, well, we just dipped below discount. And of course, if we take the daily
range, we are also kind of in discount. So again, where do we want to sell from? We
want to sell from premium. So, of course, we want to see some sort of a pullback.
Right now, if I have a look at potential areas where the market could stop, where
is it seeking? Well, there is that low, which is structural liquidity that is taken
because when the first demand zone fails, all the demand zones on the left become
liquidity. And there are people that could, for example, look to long from here.
They got stopped out, right? And pretty much what I see right now is, as I'm
starting to train my eye to spot imbalances, there is that little imbalance right
there that the market will potentially seek. So pretty much the question is, are we
first going to come in to fill the imbalance, then give a reaction, right, fill the
imbalance into the highs and pull back, and then potentially attack the lows? Or
are we just going to pump lower and continue dropping lower? Okay, so I wouldn't
expect a very big pullback right now because it's just last week. You can see it's
pretty much yeah, I would say Wednesday, Thursday, that the market really picked up
that steam. And when that steam is picked, if we just say right now that
everybody's short, that the institutions are short and everybody's short, the
market is not going to provide a lot of clear entries. Although this week on EU, it
was incredibly clear and incredibly easy to trade. So follow the time frame. Very
simple. Of course, we always go back to the good old folk time frame. We have this
lower high, we have this lower low. The market is pulling back towards the 50%.
There is quite some imbalance right there, quite some empty space to fill. Is this
whole thing going to fill? Probably not. So again, what I would really love to see
is for the week to open bullish, for us to have a little bit of a pullback towards
the 50%. And then from this area right there, you can just focus all in on shorts,
go to the 50-minute time frame, take shorts first, target the lower low and
imbalance. And then of course, from there, we're going to see how it's going to go.
And eventually, we can expect that weekly low to go if the weekly bias is going to
sustain.