4H TF
Fundamentals suggest both currencies are bearish but there is a continuation of an uptrend
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Fri 1.30pm USD NFP
1) 3rd touch of trendline already
2) EMA only respecting on 8H TF
3) psych level with prev support
4) Ascending triangle
5) recent structure HH LL is bearish
6) look for candlestick rejection
Approach with extreme caution
Fundamentals suggest both currencies are bearish but there is a continuation of an uptrend
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Fri 1.30pm USD NFP
1) 3rd touch of trendline already
2) EMA only respecting on 8H TF
3) psych level with prev support
4) Ascending triangle
5) recent structure HH LL is bearish
6) look for candlestick rejection
Approach with extreme caution
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.