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.