Technical Overview: - EUR/USD
On the right hand side we have the monthly chart.
This is to show us the bigger picture and the overall sentiment.
From a monthly perspective we are in a bullish momentum. We have been in this bullish momentum for a quite long time now which leads me to think that we are bound to a correction before more bullish momentum.
From a monthly perspective this might not be seen however this is where we need to drop down to smaller time frames and zone in on the 4h/Daily and this is where we see bearish momentum started to kick in from a smaller time frame. Keep in mind this is a bearish momentum however our overall picture is bullish so this means we are going to be mid term in a bearish trend and this is where we can be looking for out for our confirmation entries to get entering on this dip.
Fundamental Overview: - DXY is gaining bullish momentum because of recent high impact NFP news and unemployment change rate.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
On the right hand side we have the monthly chart.
This is to show us the bigger picture and the overall sentiment.
From a monthly perspective we are in a bullish momentum. We have been in this bullish momentum for a quite long time now which leads me to think that we are bound to a correction before more bullish momentum.
From a monthly perspective this might not be seen however this is where we need to drop down to smaller time frames and zone in on the 4h/Daily and this is where we see bearish momentum started to kick in from a smaller time frame. Keep in mind this is a bearish momentum however our overall picture is bullish so this means we are going to be mid term in a bearish trend and this is where we can be looking for out for our confirmation entries to get entering on this dip.
Fundamental Overview: - DXY is gaining bullish momentum because of recent high impact NFP news and unemployment change rate.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.