On Cron we pulled back and rejected the 61.8% fib level, weekly support(blue) and 100SMA. Now that we broke the CTL and rejected it we are going long. My arrows are purely for educational and visual representation of how i would like the trade to play out for executions. I have no interested in continuing to sell the majors against the USD as we are already so...
We are sitting on 100SMA, and 70% fib level. Will we get a bounce or break of the CTL. My arrows are purely for educational and visual representation of how i would like the trade to play out for executions. I have no interested in continuing to sell the majors against the USD as we are already so low!! TVC:DXY
With Nonfarm Payrolls (May NFP) and Unemployment Rate (May) for the US coming out tomorrow morning ar 8:30am ETS. I'll be looking for the USD to get stronger. We have a double top on a 4H looking for to go short back into the rang and maybe lower. If the number comes in lower Will be looking for longs. My arrows are purely for educational and visual...
With the ECB Monetary Policy Statement and ECB Interest Rate Decision (Jun) tomorrow, I'll be looking for a pull back to the weekly support level, 100SMA, and the 61.80-76.80 Fib levels. If we create a new LL I'll be looking for longs. My arrows are purely for educational and visual representation of how i would like the trade to play out for executions. I have...
OANDA:XAUUSD Coming up the weekly support lever, Will we bounce or break
Like The DXY we printed a morning star/triple bottom pattern. We are heading up the the CTL for the 4th time. watching for a bounce or a brake of the CTL. On the 4H the 100SMA is riding the CTL. If we brake the support level will look for a brake and retest for another long to the top of the rang. If we bounce will head back down the the bottom. OANDA:EURUSD
With Fridays close the green back printed an Evening Start patter and/or a trip top formation from the top of the rang. also rejecting the &6.8% fib level. Looking for a brake or bounce of the weekly support at 97.70. If we brake lower will head to the CTL (3rd touch). At the point will have to watch for a bounce or brake. TVC:DXY