Abuhiba82

Abuhiba82

but with study risk management as well as we can, RSI momentum to reach 70

Abuhiba82

short towards the 1.20157 as a first target then to 1.19154 as the price lose momentum at 1.21783 and prepared well to reflect through the demand zone that appear.

Abuhiba82

NZDUSD retest the 0.71177 and there is an opportunity to get back to the 0.70078 as a first short target and then to the 0.67988

Abuhiba82

its like batman return - brent didnt break out the resistance level at the 41 level and now break through the first support level which has one meaning the total weakness in the international trade system and the begin in the returning to the scenario of Covid 19 and the closing of the initial economy step by step again and France take the lead that time.

Abuhiba82

target the lower of September again!!!!!!!!

Abuhiba82

targeting the last higher in September.

Abuhiba82

first level 1842.067 and second 1766.488

Abuhiba82

DXY; break out its main down trend from March, 2020 and by the nature of correction it will bounce threw fibo levels (94.441, 96.063, 97.393) thats will lead in increasing USD exchange rate that's begin threw that week and expected to continued next week. There is more than events will effect the markets threw the next weeks (US Election, Quantitative ease of...

Abuhiba82

i think it useful and pure

Abuhiba82

Check RSI

Abuhiba82

it seems so hard to predict!!!!!!

Abuhiba82

breakthrough two support level, will make a new scenario.

Abuhiba82

watch up!!

Abuhiba82 Updated 

we can take small chances trading that triangle by targeting 80.351 by Long target, then if rebound accord we can target 79.470 by short target. take the maximum risk management needed, trading triangles is risky more than lot of other patterns. best wishes, and happy weekend.

Abuhiba82

A new high can reached. we have to watch, study correction on other frames. make the best risk management. then shot a great shot.

Abuhiba82

Central bank of Turkey will decided to raise interest rate to save the Lira.

Abuhiba82

The USD *depreciation illustrate in that figure especially in DXY chart; the correction appear well in that rectangle. we stop here in the the fourth retest in the downtrend and we will wait. Rebound to complete the downtrend will put all USD pairs in strong Long and vice versa a break out will put them on strong Short. so watch and take all cautions and wait for...

Abuhiba82

take what it need to make the best trade. best wishes, and happy weekend.