Pairs on Watch -
EURUSD : Looking a the DXY with this pair it is not the clearest, however there is a potential for the gap fill to occur on the DXY meaning we can take advantage of a short term sell on EURUSD. I will be looking for the last leg to complete on this 15M structure and enter on a retrace or pin bar at the edge of structure. With a 5:1 to the bottom of the range I will set this as a profit target and potentially flip for the longs if the base holds.
AUDJPY : This pair is very bullish on the higher timeframe and I am looking to get involved in the continuation of this run to the upside. Price has impulsively broken above an area to the left where it is now building on the 1H, once the depth is there and we have a clear base to work with, I will filter to the 15M for a risk entry long and protect stops below the previous highs
EURUSD : Looking a the DXY with this pair it is not the clearest, however there is a potential for the gap fill to occur on the DXY meaning we can take advantage of a short term sell on EURUSD. I will be looking for the last leg to complete on this 15M structure and enter on a retrace or pin bar at the edge of structure. With a 5:1 to the bottom of the range I will set this as a profit target and potentially flip for the longs if the base holds. AUDJPY : This pair is very bullish on the higher timeframe and I am looking to get involved in the continuation of this run to the upside. Price has impulsively broken above an area to the left where it is now building on the 1H, once the depth is there and we have a clear base to work with, I will filter to the 15M for a risk entry long and protect stops below the previous highs
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.