We are going to have a nice week. Dollar will be busy moving compared to last week. I see that the dollar made a break and retest. We are just below the Weekly close. WE are just below the double top neckline. I will be looking for the Dollar to show signs that its ready to drop. I have a feeling that the Fed will talk about not doing any more Rate hikes.
I am looking for price to pullback up so i can enter safely. It's a very high probability that price will bounce off of these BOS (break of structure) and pull right on up. So be on the lookout for that. Smart money and these large institutions set traps to see if we walk right into the trap smart money will take our stops.
we are looking good for a nice drop. I will be looking for the market to test this resistance area. We may see a fake to the upside before dropping so be careful.
looking for a pullback. Market already broke the previous low. I am looking for a pullback to form so I can enter the market safely.
I will be looking for pairs that correlate with the dollar. I will be looking for buy entries. DXY broke at least 2 BOS. Dollar formed a head and shoulders and now its ready to rock and roll down this hill.
DXY is in the main supply zone. The month of March did NOT break Feb high. We may start to see some signs of a bearish trend this month. However, we are so so close to the monthly orderblock. I will be looking to see if the Dollar will continue to drop
GOLD on its own is not really giving clear direction. I think GOLD investors is waiting for Powell's decision on that his plans are with the Dollar. The US10Y is looking really nice for a push up. So i am leaning for a bearish trend.
NZDUSD- Has the most beautiful chart that i have ever seen this year! Its picture perfect and it will be very good for beginner traders to trade on. NU broke range and we need to wait for Powell to give us our area of entry. I have some guesses where the market will be going but i do not want to add them until i am more sure.
EURUSD is at a 4 hour equal low right now. I am looking for price to pullback when Powell speaks tomorrow. EU has been clear on direction it wants to go. This week will test our patience in the market the first part of the week.
I am looking for GJ to pull back to enter a clean buy. It may not be a deep pullback because GJ already pulled back from the 78% daily fib. I know that Powell will be speaking this Sunday so that can be motivation for price to pullback a bit. I will post my area of entry after the coast is clear
USDCAD- broke that inverted head and shoulders neckline and pushed all the way back down to the neckline and now on a nice uptrend. HOWEVER Jerome Powell will be speaking so Powell may make the dollar pullback due to him not cutting interest rates now.
Dollar broke out of the Range i am looking for price to continue to the upside. Jerome Powell will not cut rates anytime soon. He will keep everything as is so that means the dollar may keep trucking along up hill
GOLD and US10Y looks like it might be able to break out and give clear direction. GOLD looks like it wants to give is a great position to enter high so we can get a nice drop in London or Tuesday. Tuesday the DOLLAR will have news and that news might be negative. That could help GOLD out a lot with the drop.
USDCAD is already in a pullback. I am looking for a price to pull back into the 4-hour order block near the buy zone.
You can counter or be on the safe side and wait for that sell signal to sell and ride it back down. This is such a beautiful look!! the 50 ma letting us know that the price is still on an overall down trend.
The dollar finally made a double top on the 4 hour. This may be a sign that tells us that the Dollar needs to pull back to continue to the upside. I will be looking on the 1 hour time frame for a break of structure of that double bottom neckline.
Hold on to your hats. EU looks like it wants to drop so bad! lol i am here for it! I will be watching this thing on Sunday as soon as market open to get into a very good position. 50MA is right about price. This may help price push down. Please keep your eyes on this one.
Looking for GJ to finish the pullback and continue up! I am excited about this because we can get in before the neckline. We can trail for a long long long time if we like. YEY!!