Levels
Solana ProjectionsTraders,
As projected Solana did break to the upside of our area of confluence which was the intersection of our 50 day, 200 day, and descending TL (black). As you know, I had been waiting for this break before making an entry. The confirmation candle came but the move was too quick for my liking. I am not about chasing. So, here's what I am now waiting for: Solana tags resistance at HKEX:25 - HKEX:26 , Solana then pulls back for a classic retest of previous resistance (now support), and then, Solana takes off towards our target area. All of this should take quite a few weeks/months.
I will be looking to enter at either a retest of our 50 day/200 day or descending TL. Stay tuned.
Stew
Levels discussed during the webinar 24th March24th March
DXY trade lower, from 102.57 to 102 support level
NZDUSD: no trade, looking to retest resistance
AUDUSD: break 0.67 buy to 0.6760 SL 20 TP 40
USDJPY: consolidate between 129.80 and 130.60
GBPUSD: retest 1.2340 high
EURUSD: look to test 1.08 to buy up SL 40 TP 110
USDCHF: between support and resistance, do nothing
USDCAD: sell below 1.37 SL 20 TP 40
GBPJPY: buy above 160.40 SL 80 TP 160
GOLD: trade up to 2000 again, leaving for next week