DXY is finally out of the HTF consolidation zone. I believe this bull run is just getting started and this pullback is just the natural breath of the market. On the LTFs I will be looking for bearish entries on EURUSD and bullish entries on USDJPY as DXY comes in to test the 0.618 retracement of the 2021-2022 bull run.
Please disregard any previously posted idea as each new idea is meant to be an "update". The only position I have open at this time is a USDJPY short from last week. This week we are looking for USDJPY to continue down and EURUSD to move into support.
Any idea that is not directly linked to this post as a "related idea" is void.
Please disregard any previously posted idea as each new idea is meant to be an "update". The only position I have open at this time is a USDJPY short from last week. This week we are looking for USDJPY to continue down and EURUSD to move into support.
Any idea that is not directly linked to this post as a "related idea" is void.
Comment:
crazy open!! realized some profits and went short again (for now) on UJ
Comment:
Looks like the bulls might have it for awhile
Comment:
UJ is getting choppy, closed out and went in on USDSEK
