TREND: UP AUTOCLIMATE: NETURAL turning DOWN > DXY reacting to Fed Chair expectation for lower rates until 2023. > Immediate TREND will turn down if breaks
TREND: UP AUTOCLIMATE: UP > AU retraced to form a RANGE and will need to break the pivot high to continue the move higher.
ASCEND: LONG > REACHED AREA WHERE SELLING PRESSURE CAN BE EXPECTED > LOWER TL NEEDS TO BREAK TO SEE LOWER PRICES > LONG AT LOWER BB @ BU > COUNTERTREND SHORT ON TL BREAK ALLOWED
DESCEND: SHORT > REACHED AREA WHERE BUYING PRESSURE CAN BE EXPECTED > UPPER TL AND CRITICAL HIGH NEEDS TO BREAK TO SEE HIGHER PRICES AND TREND CHANGE. > NOTE PREVIOUS UTL ALREADY BROKEN AND TESTED > LOWER TL CAN STILL BREAK FOR CONTINUTATION LOWER
ASCEND: LONG > REACHED AREA WHERE SELLING PRESSURE CAN BE EXPECTED > UPPER TL NEEDS TO BREAK TO SEE HIGHER PRICES > LOWER TL AND CRITICAL LOW NEED TO BREAK FOR TREND CHANGE > TRADE THE RANGE UNTIL EITHER BREAKS WITH BIAS FOR LONGS
TREND: DOWN ACTION: SHORT 4H EC 1.5485 | 1.5450 R35 T 1.5300
AutoUFOs by tradewithufos identifies an intraday location where a high concentration of is likely to be placed. Trade Opportunities - we can look to down towards 1.1810 counter trend; OR - enter at the BUY UNFILLED ORDERS area with the trend Risk Management - above 1.1870 - below 1.1790 Trade Management - Profit targets anywhere between 1.1870...
BTCUSD: LONG 8930 / 8665 T9750 > RANGE BOUND > SHORT TERM LONG
CHFJPY: SHORT 113.25 / 113.75 R50
Long USDCHF 15M 0.9625 / 0.9615 r10
AUDJPY: SHORT 71.15 / 70.55 R50
AUDCHF: LONG 0.6275 / 0.6225 R50
AUDCAD: SHORT 0.9250 / 0.9200 R50