After finishing its retest @ .673 Post PPI, Saddle Up AUDUSDMorning,
My thoughts and research lead me to believe the PPI will come in more or less in line, +.1 MoM and the Aussie back will finish cleaning up orders/retest at the EMA 200 ~.673 and continue its March toward .70+. Continued market sentiment around optimism for rate cuts will continue to put pressure on the dollar, likely setting up a new range.
Low Risk Buy Area .673 (EMA 200) and .675 (EMA 100)
TP1 .67800
TP2 .68
+700pips into weekend
Good Luck.
Bigmoves
SHIB LongSHIBUSD Long
Target .000004000
Reason: Break of structure higher, trades back down into premium weekly FVG and lower time frame orderblock. Could trade lower so have risk in mind.
Why I haven't posted this daysAs we can all see, the market is really choppy and I'm just like y'all, I don't have a superpower to control the market!😀
So the best thing to do in this situation is wait to see the next market move tthen we can make our moves. You don't predict market, that's gambling🤡🤡... You only allow market take one step so u can certainly tell the next moves😋😋😎..
But nonetheless, you can buy and hold on spots trade. I love y'all That follow my works. Well I'll be setting a
sell order at : $43,900 btc
Stoploss: $44,040
Take Profit: 39,000
Nasdaq TP Hit, Possible Scenario'sMy Nasdaq outlook for this week, if you have questions please ask them and if you take this trade let me know the results!
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Nasdaq has reached the 12000 mark today and is currently pushing the border of the upper channel.
To me we have 3 possible scenario's:
1. Nasdaq will go down to about ~11840.
2. Nasdaq will go down to about ~11700, or the lower border of the channel.
3. Nasdaq will break out of the channel and push to ~12450.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon .
SUPPLY AND DEMANDPrice already gave me what i wanted last week a push to the upside reaching the top of the supply channel. a head and shoulder pattern already formed on the 4-hour time frame. look for entry on smaller Tfs. NOTE; book 50 pips for each target irregardless of the TP targets shown here, market would make corrective moves before reaching final destination so you don't loose out totally. thanks
big move for swing traders! hold this position for looong.This is purely acknowledging the strong supply and demand zones in the chart. price is expected to make a big fall on the eurgbp, although corrective moves would be made on smaller time frames but we should be expecting this big move to take about 26 days! use top down analysis to fine tune your entry and take a sell.