Key Event : US CPI
Red Folder news.
If its break down from 2588.96, we may see 2500 today.
If not it will be within the range of 2700 to 2588.
Supply Zone : 2665.18 (4H) / 2619.34 (1H)
Demand Zone : 2558.8 (Daily)
Support & Resistance zone :
1. 2703
2. 2652
3. 2589
Forecast (Swing Setup)
Asia will be a quiet session.
London session -> NY Session
Scenario 1:
Retract to SZ (1H), and go back down to DZ.
Potential (1:7 RR)
Scenario 2:
if it breaks the trend line it will go up to the Supply Zone of 4H
Potential (1:9 RR)
Day Setup
Entry : Fib 0.618 - 2612.26
SL : 2626.72
TP: 2590.5
1:1.4 (RR)
Red Folder news.
If its break down from 2588.96, we may see 2500 today.
If not it will be within the range of 2700 to 2588.
Supply Zone : 2665.18 (4H) / 2619.34 (1H)
Demand Zone : 2558.8 (Daily)
Support & Resistance zone :
1. 2703
2. 2652
3. 2589
Forecast (Swing Setup)
Asia will be a quiet session.
London session -> NY Session
Scenario 1:
Retract to SZ (1H), and go back down to DZ.
Potential (1:7 RR)
Scenario 2:
if it breaks the trend line it will go up to the Supply Zone of 4H
Potential (1:9 RR)
Day Setup
Entry : Fib 0.618 - 2612.26
SL : 2626.72
TP: 2590.5
1:1.4 (RR)
Note
Day Setup - Hit 1.4 RR
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.