At Prev Month Open
After PML Interaction at end of Sep
1. H1 Sell Signal (24-Oct)
2. HTF Bias Bullish
3. Bearish Weekly Signal
Therefore No Valid Trade
Demo Setup
Sell from 1.6700 to 1.6600
When 1 + 2 align, the trade is valid and can be executed live with reduced risk.
When 1,2 + 3 align, the trade is valid and can be executed live with normal risk
This “no...
Fundamental Analysis
With NFP around the corner, I wanted to do a fundamental breakdown of the US economy.
US Dollar strength has been sustained although economic indicators are showing signs of recession.
The crypto market is showing signs of a possible bullish reversal.
This trade Idea was formed with the bias that we should all SHORT THE DOLLAR!!!
Fundamentally the Dollar Index is bearish.
Technically we have formed bearish market structure.
The break and retest of this Weekly Zone will confirm the SHORT THE DOLLAR BIAS!!!
The trade idea will be updated this Friday, and every week after.
EURAUD has broken a significant low 1.55376 and is showing signs of bearishness.
Monthly
Monthly Open Price - 1.56865
Weekly
Imbalance at 1.50000 QP. This is our HTF Target.
