– Market backdrop: Prices are largely driven by geopolitical news (U.S./Israel/Iran) — stay cautious and avoid chasing volatile instruments.
– Recent price action: After a gap down, the author expected further weakness and described a quick, profitable short based on 15‑minute and 1‑minute patterns (relative equal lows, an inversion/fill of a volume/price imbalance). Stop was placed above the swing high.
– Dollar/FX: The dollar (DXY) is stuck in a range, so USD-based major forex pairs are quiet; non‑USD (exotic or cross) pairs show more movement.
– Metals: Gold and silver have shown capitulation-like behavior after big rallies. ICT advised taking profits earlier and is currently sidelined on metals, not bullish on silver.
– Crypto: Bitcoin failed to push past the 127k area, then sold off. Key supports to watch are the mid/high‑tens of thousands (noted ~49.7k) and then the ~24–26k area; downside risk remains.
– Trading stance: The author is being cautious, practicing on demo for indices (ES/NQ) and not trading live due to fickle market conditions.
– Takeaway: Be selective, follow price structure and risk management, and avoid markets the author has flagged to “leave alone.”