Another quick potential shoot upwards for DJ US30 What a an unbelievable asset right now!
So ive been waiting for this to happen, a breakout and now the retest. This is going to be a good one i can feel it!
CPI news is coming and that normally means bad for any currency, seeing as were painting a new burst and return to impulse, id say this trade is valid, We're in!
Look to see this retrace to our order block from a previous order block, i'd then look to see if we can find a buy
Here the next few moves going through my mind regarding this pair. Liquidity move everywhere!
Possible movement back to the upside, where the weekly trendline is, Will then be looking to short.
Big idea to go down, obviously this may not play out at all, but there's a good possibility!
After retracing back to our bearish outlook, im jumping in with another sell! Lets go!
With Many US pairs lining to suggest continuation of Bullish USD, i wouldn't be surprised now to see this fall after spotting this head and shoulder pattern with liquidity below. Then for this pair to return back upwards after swiping the liquidity.
just keep seeing the same pattern, over and over and over.... This is going to follow suit im sure of it.
Seeing as we have been on a down trend since as longas i can remember and we are now testing a high which was from a break lower before, im thinking another short!
BIG Inflation driven news in 1 hour time and depending on the outcome one of these scenarios could be the start to playout. Though i wouldn't want to short unless it was going down to break the BULLISH flag back down to take liquidity below. Im on for the long.
After FOMC news yesterday, its clear to see this wants to beak upwards and return to heights, so lets go aLONG for the ride!
Yep its risky, yes its a low lot and yes why not! NFP CANT HOLD US BACK, We may aswell give it a punt if it hits the buy stop
Potential to see GOLD HYPE! With the fact we have broken a pennant and are in a clear uptrend, USD about to take a fall also, gold isn't stopping for no-one. See you at the top, blue lines a TP points!
With USD expected to be weak across the pairs, i would be interested at taking a small long intraday style trade.
USDCHF has climbed back down to lows of 2014. We would expect to see a reaction and a potential turn at this point back to liquidity levels above, granted this is a swing trade. We will only look to jump in on break of structure on low TF, so a BUY STOP is set just above. RSI also show massively oversold on the Daily TF
GBPUSD has been trending upwards for quite sometime since hitting what seemed to be rock bottom. But that movement could be coming to an end as we hit resistence levels and are starting to paint a Head and Shoulders pattern. This often indicates in a change of direction, though we believe it'll most likely find support at the stated ZONE of interest, a nice short...