H1
AUDUSD H1AUDUSD H1
Price is near the weekly low of the previous week. on the daily and weekly price failed to make a new high to the up and retraced back. Expecting that price will make head down to grab some liquidity for going up. For now highly likely price will retrace up to fill some liquidity before going down.
NAS100 LONG / BUY LIMIT 13865Nas100 has tested the 14k price again and seems to be retesting. I’ve marked the zone it plans to retest and then potentially progress toward breaking the previous top/resistance toward 14200 area.
I initially thought we would see a clear inverse HNS, but we seemed to have ‘double bottomed’ before making our way up to the breaking point and beyond.
I hope this view helps with your decision on entry. I will be executing a long position in the 13865 area, to TP in the the 14200 zone.
Good luck.
DXYDXY (Dollar Index)
DXY - This is the dollar index against a basket of other major pairs. An analysis of this index before trading dollar pairs is highly recommended, as I know the general trend where $ is going, you can clarify the situation with other pairs.
In general, as you can see the index is "nowhere". The past few weeks have been bearish for the dollar, so it is not clear whether the index will correct upward before continuing the downtrend, or whether the price will continue to fall without a correction.
In any case, watch out for the two ranges that are 90.60 and 91.40. These are the nearest key levels where the price reaction will come from.
Based on how the price will react at those levels, it will be possible to guess where the dollar will dive approximately in the coming week.
GBPUSD - H1 - Down Trend & Only Sell itHey traders,
Please Support this Idea with LIKE if it is Useful....
GBPUSD
Base on Trend Lines and Hidden Divergence (that happens on correction waves) we know that GBPUSD has started a new Down Trend and I think we should not think about Long Positions.
But on the other hand, we know that the market will never allow us to analyze it as simply as we see it and it is going to hunt our stops and then get back down.
So I think there are 2 strategies that we can do :
1-Get a Short position now and wait for it. If marker goes up we add to our position lot size again.
2-Wait for market to show correct way and then get a short position.
Targets:
As you can see there is 3 targets that I have shown.
One of them is Fibonacci Target (Center target) and tow others are Ichimoku targets that I believe that they must be touched.
If you are Low Risk person, you can set your target on first, otherwise manage your positions until target 3 touched.
I hope we can take a Good Profit on this market and my analysis be correct.
Thanks for your Likes and comments.
Good luck!