SPX500 close to LongHi Traders,
This is our view on this cross for the next days.
#SPX500
BUY 3775
SL 3755
TP 3845
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Any updates will be given in the comment section below.
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Gold has just penetrated a key level!We’ve just seen a nice push to the upside followed by a wick. This could be the beginning of momentum being lost and more sellers jumping in the market. I believe that we could start creating a small ascending channel towards 1910 and then drop in the same manner we did back in November.
🎯 USDJPY is rejecting at 200SMA and FibonacciFX:USDJPY is rejecting off of 200sma and Fibonacci currently, which means it will retest the trend line shown and potentially break below, following the main trend.
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🎯 It is time to sell GBPUSD for the retrace.FX:GBPUSD is looking likely to reverse as it has just hit a zone of traffic near fibonacci.
Furthermore TVC:DXY has also continued to fall and may find a bottom soon.
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🎯 EURUSD has found support and will continue going upwards!FX:EURUSD has found support within it's current trend zone and looks like it may resume its bullish trend.
TVC:DXY has had upside so far this morning,
which I think will be short lived / no more than a standard price action pullback ready to resume it's downward spiral.
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EURUSD Short IDEARunning Trade...
We are already entered the trade wait for the 4h candle to close.
Stop loss 40 to 50 pips depending on your lot sizes Because we are looking more then 200 pips.
Do your own analysis ...
Dont Forget Moving Stop-loss At Break-even
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.