If a reversal happens, then I will be expecting a break of structure at 144.000, If not, continuation to the downside is imminent.
I have a bullish bias for Monday and Tuesday or Monday, at least. an upside move to the zone at 1.0000.
By Monday, the price can decide to reverse to the upside at 96.938, before going back to 92.00, for the week.
For Monday, I am predicting that the price will most likely move towards the 0.618 on the Fibonacci, at 0.69952 and a reversal to 0.718383. If this happens, then Tuesday, a reverse movement back to the downside, setting 0.68521 as TP. Considering the expected weakness, If this happens, the price will proceed from 0.718383 to the upside, up to 0.76566. If USD...
I will be looking out for a sell on Monday, to at least, 0.85000. If the big move does not happen during the London session, I will go in for the New York session. Sooooooooo, I hope it ranges during the London session because the New York session is the most convenient for me to trade.
I hope to see a reversal in the pink zone around the orderblock.
A double top is being formed around 168.00. If it is what it is, a sell is likely to occur to, atleast, 158.503 or maybe 162.207. If this does not happen, an immediate continuation or a continuation after a brief retracement will occur to break the structure at 168.517.
Considering the EURO currency index, the price has reached a familiar orderlockzone for a reversal at 104.37 - 103.52. If a reversal does not happen, then a break of structure at 103.50 is likely. USDOLLAR has reached an orderblock zone, reversal can happen anywhere around 12836 - 12933 for a sell. If it doesn’t happen, we will look to see if there would be a...
USDOLLAR has reached an orderblock zone, reversal can happen anywhere around 12836 - 12933. If it doesn’t happen, we will look to see if there would be a break of structure at 12954. By my prediction, BOS is more likely, but we have to be reactive and not predictive. The momentum on Monday should be a signal for the direction. Fingers crossed.
I expect the previous low at 12630 to be broken before confirming the downtrend. We can still see a short rally up to the resistance at 12931 before continuing to the downside.
EURUSD: For now, this is what I can think of. By the end of Monday, we can be affirmative about the direction of the market. But according to smart Money concept, a reversal to the upside looks sure this week, even if the price goes back to this support, it's most likely to take out liquidity. But, a move to the upside is imminent. If the fundamentals on Euro...
Depending on the price action observed, we will react accordingly.
If price comes up as high as touching the line of the channel again, I will re-enter for a sell.
I await the break of the triangle. Depending on which side the price breaks to, I'll observe price action and find a good entry.
CADJPY is currently in a channel. As long as the channel is respected, a sell is upcoming.
I missed my entry the yellow box zone. I entered @ 0.81522
If price action continues to be bullish, 163.930 is the next target, and then 167.780
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