https://www.tradingview.com/x/Tac5tA9c/
Reason for idea
A new 52 week high created on 18/07/23, so could retest
At discount pricing as per previous D, W & M lows
USDX running in to D OB and could reverse to retest new 52 week low set on 18/07/23
Trade idea
- Seek LQ from previous D, W & M lows and push to upside
- Buy limit order set at 1.07396 (with 30 pip SL) which is a 4HR/D OB overlay ( 6.54 RR)
- Target 1.09358 (196.2 pips) which is a 1HR/4HR OB overlay and EQ using 31/03/23 D low and 18/07/23 D high
Reason for idea
A new 52 week high created on 18/07/23, so could retest
At discount pricing as per previous D, W & M lows
USDX running in to D OB and could reverse to retest new 52 week low set on 18/07/23
Trade idea
- Seek LQ from previous D, W & M lows and push to upside
- Buy limit order set at 1.07396 (with 30 pip SL) which is a 4HR/D OB overlay ( 6.54 RR)
- Target 1.09358 (196.2 pips) which is a 1HR/4HR OB overlay and EQ using 31/03/23 D low and 18/07/23 D high
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.