SJTRADESFUTURES

USD/HKD Uptrend Established Long

Long
OANDA:USDHKD   U.S. Dollar / Hong Kong Dollar
Clear trend presenting itself with the US dollar vs Hong Kong Dollar

With most of April crushing the USD it appears we are now turning the tables

with a curved bottom and a clear uptrend painted thus far for this pair.

I have outlined the green box for LONG entries which is sitting at the point of control

with a fib pull from previous swing high to low for confluence with the above mentioned factors.

Resistance levels have been drawn using standard Fibonacci pulls and align well with volume Profile.

Ensure you have a trading plan and know your invalidation .

Support my work with a Like and a follow for Regular analysis and signals





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.