The Dollar Index continues the the bearish momentum it showed since the end of 2017.
Dollar breaks below weekly support but still holds above 91$ (minor daily support zone)
Bulls can try and trade the 91 support zone but know that DXY looks Fragile
Yesterday my trading partner Jason Graystone shared a potential buying opportunity on the USDJPY. Today what I wanted to do is revisit that idea and talk about how we can go about building a better case for entry or at least provide different options so that traders of different styles can get involved as well.
i've already analyzed this pair last week, and the big picture still remains the same (analysis attached below). That's why i'm still looking to short this market around the heights of 1.21. This is a strong resistance and could provide a wall to price action's rally. This time, instead of a double top, we can see there's an harmonic formation, in the...
Here is a nice buy entry on audcad 0.44%
Accumulation of :
- Fib confluance
- Standard deviation
- Support zone
- Trend retest
- SMA 400
- Bearish structure
2018 will be a good year for me and my followers , don't miss the train !
this eurusd market structure are uptrending market. With base to the daily time frame, we can see that the price are in uptrend and in a phase of correction. Find buy opportunity at the critical zone area.