Today's trading plan. Wait for a pullback to 1.14136 Enter Long. TP: 1.16082
Check my DXY analysis, which indicates upward movement. This is a short trade. Entry: 0.72796 TP1: 0.72231 TP2: 0.71926 TP3: 0.71591 Note: Check the 1 hour chart, and 1/5 min charts for the entry. At the time of publishing the price already touched the entry price.
Monitor price action at the 1h/4h time frames. Look for a pull back and an opportunity to enter short. Entry: 1.13704 caution: if we dont break 1.13704 level wait for the pull back to 1.1.4398 TP1: 1.13704 TP2: 1.11190
It's not a straight foward trade. But if you are good with identifying pullbacks, heres an opportunistic trade for you: DXY is expected to continue its upward movement + Brexit uncertainty will further push the price to newer lows. Wait for a pull back before entering short. Pullbacks should be timed on the lower timeframe. Setup 1: Price doesn't break 1.27100...
2 possible setups. if we break 1218.944, we enter long after pullback. 1218.944 would be an ideal price to enter short if 1 or 4 hr charts indicate strong resistance. Expecting the price to continue its fall. Next level to watch for is 1204.890 Once we break this level, expect a pull back, and then we short. Possible long entry at 1208.108 but risky because of...
Long setup: Wait for the price to break 96.47 level, on the 1 hr chart wait patiently for a replacement down to 96.51. Entry: 96.32 / 96.47 TP: 97.87