UDSWTI H4 Initial area of resistance had broken, and we have made slight adjustments to the resistance price/zone here. Very clear trading zone, something I'm taking short on from the details indicated. Strong 8.5R from resistance down to support. And 3.75R to interim resistance.
The zone/region just above $1,850 should provide an area of support for a potential rebound and recover some of its earlier losses this week. I wouldn't jump in long at this point as we are looking to experience more manipulation in sight of the fed interested rate decision later tonight. But at this price point we could see a new leg to the upside approaching....
Based on technical factors there is a long position in : 📊 EURAUD 🔵 Long Now 1.48371 🧯 Stop loss 1.46550 🏹 Target 1 1.50300 🏹 Target 2 1.52550 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
GOLD D1 Gold seeing some break and retest play. Zones have been broken and well respected. Solid wick retest into that 1917 region before then seeing the same play around that 1900 price. Target it 1827 respectively... with 1850 being the next area of support if we can blitz through this 1880 active support.
DXY D1 As mentioned in the technical rundown video above, huge month of gains for the dollar this month. Month end flows possible for institutional rebalancing, already seems as though dollar wants to give back some-what.
Performed a buy stop at EP of 39907.96 and it hit the S/L at 39233.17 due to the retest of the support line. loss of 675 pips on a 0.01 lot size. BTCUSD is very volatile. I have to remember to be more careful when dealing with this pair. More patience and discipline is needed. For FMI (Forex Mastery Institute Studies).
Prior chart: We recently broke down this pair at the zone just above 1.0850 with anticipations of nearly a 400 pip move down to 1.0500 which has now been precisely met. The dollar strength is still showing strength and this could continue in the coming weeks. Further dollar news is coming in this afternoon so make sure you trade safe.
We can see bullish flag pattern on usdjpy which means is the continuation to the upside after the retracement to the downside, you can ride this trend to 129.430 level for safe take profit do not use more than 2% of your account on a trade don't forget to like and follow me for more premium trading insight, i dish out premium setup for free here
expecting trend reversal after breaking the 4 h trend line ..waiting for confirmation using smaller time frame.
EURUSD Sell Idea Entry; 1.06900 SL; 1.07100 (20PIPS) TP; 1.05568(About 135Pips) My trade Idea is very simple. Looking at the Dxy, my bias tells me its bullish.. price has been buying on the DXY, now price went for a little retracement on the DXY.. this enable me looked for a retracement on the EURUS too and i looked for a Sell / Short entry. The...
Based on technical factors there is a long position in : 📊 EURJPY 🔵 Long Now 137.430 🧯 Stop loss 136.450 🏹 Target 1 138.230 🏹 Target 2 139.600 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
trend revarsal is expected after breakout and breakage of triangle pattern and 4h trend line... waiting for confirmation using smaller time frame.
I believe dollar index has the potential to reach to $111. At that point I will be looking for sale positions because I believe that the dollar will then crash and hit $63.
AUDCHF H4 This was the pullback we were kinda of expecting and looking for, rejection seen, healthy correction possibly exhausting. Ties in nicely with our S/R. Lets see if current price is a point of reversal.
After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs. 1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away. We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible...
AUDCHF H4 If we can't manage to break through this resistance price of 0.70650, we may see corrections back down towards that 0.70 whole number. We have marked entries and parameters for this setup if this is the case.
GBPUSD H4 Support on this 1.30 handle holding well so far, seen multiple long entries simply with the parameters for entry, stoploss and take profit marked, 5R last week, 1.8R and 1.6R, waiting for that next target around 1.32 to be seen. Would love to see this DXY correction and for cable to take off from this psychological price.