Ahead of the rate cuts from the Fed tomorrow. DXY weakness SXY strength Bullish momentum looks to have run out. Entering our second short position.
Hey all, We entered our EURUSD short trade at 1.11567 ( +51pips floating profit at the time of this post) Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline. With this in mind, we decided to lock in our profits with our SL at 1.11234 We are watching for confirmations in consideration for a long play...
XRP couldn't break through the 1.618 Fib at .2972 (different mapping than on chart) Downside continues down to our supply zone which coincides with our support trend channel. Think we will end up seeing a 0.30 XRP followed by one last .28-.29 tap before we break above .31 and remain above .31 Time will tell! Could shoot straight to our end of week target of...
ZXY Weakness See all the possible attractions/rejection zones. Can look messy at first, however this gives you a full picture of NZDJPY
Keep it simple. USD should see strength by this weeks end. EUR should see weakness by this weeks end. Simple trends and zones
Waiting for further confirmations and market clarity in regards to Brexit news.
Trendlines, resistance, reversal zone, dollar weakness, and more. Shorting EURUSD