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USD/HKD Uptrend Established Long
U.S. Dollar / Hong Kong Dollar
Long
USD/HKD Uptrend Established Long
By SJTRADESFUTURES
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May 2, 2021
3
May 2, 2021
Clear trend presenting itself with the US dollar vs Hong Kong Dollar
With most of April crushing the USD it appears we are now turning the tables
with a curved bottom and a clear uptrend painted thus far for this pair.
I have outlined the green box for LONG entries which is sitting at the point of control
with a fib pull from previous swing high to low for confluence with the above mentioned factors.
Resistance levels have been drawn using standard Fibonacci pulls and align well with volume Profile.
Ensure you have a trading plan and know your invalidation .
Support my work with a Like and a follow for Regular analysis and signals
buysignals
Economic Cycles
Fibonacci
forexanalysis
forexsignals
forextrading
FXCM
hongkongdollar
longsetup
Supply and Demand
usdhkdlong
SJTRADESFUTURES
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