Although my bias was bullish from looking at the DXY Yesterday, todays movement has shown some weakness in the Dollar Pending Sell stop at 110.923 T1 1:1 t2: 2:1
sell stop order placed at 1.15900 will update if order gets filled
order pending at 0.94792 T1 1:1 T2 2:1
Using Multiple TF's Entry was determined on the 5 /15 TF Sell stop set at 142.48 Target 1 is a 1:1 Risk T2 extended target at recent structure lows
Short continuation idea. pending sell stop set at 1.27950 5 pips below recent lows on the 4hr TF Initial target is recent structure lows 1:1 risk and then a 2nd target at the 1.27 inversion of the pull back on the Daily Tf which falls in line will lower structure.
Price has continued to create lower highs and lower lows. I will be watching for potential short set ups on the 4hr & 1 Hr TF's
Price has pushed to try and escape the range that it has been in for the last week or so. I have a short bias looking at Multiple TF's & do have an order set as per my Idea on Friday eve which hasn't been filled as yet.
Price has been pushing consistently lower and lower. Each short term price zone on the 4hr TF has been broken with ease and has seen price continue to drop. I will be looking at short positions on the 4hr and 1hr TF if the right set presents itself.
Price has broken out from the previous range that we have seen. Price has pulled back this past week to retest the 1.16500 level if price respects this area then I will be looking at short positions. I am currently in a short on the lower time frames so will see how that plays out but will be looking for possible set ups on the 4hr and 1 hr TF's
The Dollar Index Is still showing bullish signs and still has potential to push higher. Price action has been testing and respecting the Prize Zone at the weekly Level of $95.00 There is some Divergence on the MACD and also looking at the 4hr TF there are also indications that we could see a reversal from this area. I will be looking at potential Short...
Trend continuation tekkers done from 4hr charts downward which imo provides a good probability of price reversing at this level. Orders placed at 1.16244 if they get filled will update
Trend continuation. Price has respected the 8EMA along with a potential cross on the MACD Orders set at 1.57270 level Will update if orders get filled
So price has pushed down and broken the 1hr ascending trend line. Price pushed back down into structure at the 0.618 fib level again. IF price continues to respect the top trend line of the descending channel we have broken out of there is a possibility we could see price break to the up side. Projected area is at the $0.59 level. However on the 4hr chart the...
Price has Pushed back to the $0.55 level where it has found lots of structure this week. After initially hitting the 61`8 fib from the last little impulse leg, price has bounce from this level and broken out of the descending channel. Price has come back now to retest the trend line, If price respects this level I would want to see a nice break of the $0.60...
There seems to be a possibility that we could retest the $0.49 level 'IF' we respect this descending channel price is forming