Welcome back to another Video Analysis! 0:0 Monthly timeframe 0:58 Weekly timeframe 2:23 Daily timeframe 5:43 4hr timeframe 8:57 1hr timeframe
The Weekly candle pulls back up to end the week with a Sell USD NFP news play after seeing Buy the rumor ADP estimated news! Or The Weekly candle continues it's trajectory despite missed USD manufacturing data that simply created a short term pullback. The Market can do whatever it wants and so flexibility is rewarded. Be like water, and refrain from being rigid in your approach. Be proactive and enter the market where you don't want to. Hold your winners because why would you settle for 4 when you can sit on yours hands and get 8. I see this in video games as well at times when players settle for alot less than they could've aquired. It's a shame to see and I always shake my head. Going to be tough to get ahead liked that.
Anyways, looking for 1.098 and 1.10 with NFP in 7 hours. This is not to say that we may pullback to our extreme of structure and Daily support 1.09383. If Price is acting funny, we could drop back below Daily support and head towards the lows of the range at 1.092 and officially tap into 1.09 Weekly support level
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So the market did exactly what I thought it would do. This is what I said 8 hours ago " Anyways, looking for 1.098 and 1.10 with NFP in 7 hours. This is not to say that we may pullback to our extreme of structure and Daily support 1.09383" Price pulled back during london to 1.09383 daily support level and so I was very confident about the analysis and executed as a result
very precise analysis and look like the price is keep continue to the north side. is there any probability for the price to pull back ? if so, what is the maximum price approximately so I can put a SELL or the price will keep moving to the north side ?
so, what is your thought ?
salam, agus
ShrewdCatfx
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@agushidayatr I'm all done for the week myself. if I were to look for sell positions, 1.1024 is the weekly resistance level and it appears to already be rejecting that area to some degree.
agushidayatr
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@ShrewdCatfx, many thank for the advise I'm happy to get additional profit after take a short position as your advise hopefully by next week you will share your thought so I do my trading with profit....
is there any probability for the price to pull back ?
if so, what is the maximum price approximately so I can put a SELL
or the price will keep moving to the north side ?
so, what is your thought ?
salam,
agus