in up coming week , we might have nice Short setup in Dollar Yen pair.
Began with a nice triple top Resistance, Followed along by a Rejection zone Right naround 96.50. Also a obeying trendline. Next target is 96.0
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dollar index I see the opportunity to sell DXY or any currency pair that relate with USD i think that DXY will move a lot down have a very high chance because the pattern of Head and Shoulder on the top just starting so the way to go is to SELL DXY or SELL USD
GBPUSD has recovered greatly since the flash crash early in the Asian session on 2nd Jan. From a technical point of view we came and tapped a big psychological resistance level at 1.28000 before coming right back down and breaking through the ascending trendline. Upon a break we look for a retest to sell & we have that here. along with this we have may confluences...
In todays trading session we will be looking for Short this market . good Luck !
Good Afternoon Traders, Whilst a buy opportunity presented itself earlier into the week, if you haven't found an entry, not to worry as the EURGBP looks to be setting up for another impulse to around the 0.89 level. Price is currently moving within a around a 2-week correction and we could find this breakout to the upside happening sooner rather than later. With...
DXY is in consolidation, one more up move is possible within this structure, Lets wait and see. Please trade with care
TP 100PIPS AFTER WAIT THE BREAKOUT OF SUPPORT OR TRENDLINE !!
HI guys i'm anticipating DXY to go for short During FOMC if it will break the trendline before the news then just wait.
Right now this pair is in no direction . counter rejections from up and down side make more hard to predict the market . Lets wait and watch .
Hi guys, Looking to sell dollar weakness, as DXY seems to be in a correction and a 5) wave should come. Watch for a breakdown. Trade with discipline.