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Short-trend

Dollar Onward October 2017-2018*So with dollar it looks like it is basically between a range now, it tapped a bullish order block (on the monthly) so now turned breaker to bearish and closed below it - it's at 50% of a monthly level to it's actually at two monthly levels - I think bearish dollar next week. *I am seeing a range of 94.70 - 90.95 - both monthly levels. *For deep trends when it breaks 94.70/95.43 Bullish and below 91.24 real bearish. *There is liquidity both sides of the market, I think more so to the up side - I want a deep downwards retracement then a nice bullish trend early 2018 *Highlighter areas with the pink drawing tool
TVC:DXY
by millspeterde
USDJPY WILL THE BEARISH CHANNEL CONTINUE OR BREAK?Hi everyone, I'm a USDJPY trader and this is my first post on here. We have been in a Downtrend from some time now with Lows found at 108.130 level... This recently rally could be a correction from the downward move. Channel has already been respected when prices tested 113.000 Resistance on Thursday... There are two ways to play this: Watch for clear break of channel price wise we will carefully be looking at 113.000 A solid close above (Possible Retest of 113.00) we will want to target 115.500 to the upside which serves as the next major resistance... I personally have a bearish bias with USDJPY we will be looking to target 108.130 ounce again ounce I get a clear confirmation of bearish sentiment... We may get possible retest of 113 going to watch PRICE ACTION there if prices decided to move up there. Conservative setup will be a break below 112.000 to ENTER SHORT and ride it down from there... STAY TUNED FOR UPDATES COMMENT WHAT YOU THINK BELOW... Check me out on Telegram as I provide daily technicals in there on EURUSD/GBPUSD/USDJPY AND GOLD DOWNLOAD TELEGRAM THAN TYPE t.me/superior4x INTO YOUR WEB BROWSER AND JOIN... ALSO FOLLOW ME ON YOUTUBE SUPERIOR4X :)
by davidzal123
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