DXY : SHORT TOWARD 91.00 [D]TREND: UP
AUTOCLIMATE: NETURAL turning DOWN
> DXY reacting to Fed Chair expectation for lower rates until 2023.
> Immediate TREND will turn down if breaks
Tradeaviator
AUDUSD : LONG ABOVE 0.7885 [D]TREND: UP
AUTOCLIMATE: UP
> AU retraced to form a RANGE and will need to break the pivot high to continue the move higher.
GBPUSD: SHORT DOWN TO 1.3300 THEN LONG TO 1.3700 [4H]ASCEND: LONG
> REACHED AREA WHERE SELLING PRESSURE CAN BE EXPECTED
> LOWER TL NEEDS TO BREAK TO SEE LOWER PRICES
> LONG AT LOWER BB @ BU
> COUNTERTREND SHORT ON TL BREAK ALLOWED
DXY: SHORT BIAS TOWARDS [89.75] [1H]DESCEND: SHORT
> REACHED AREA WHERE BUYING PRESSURE CAN BE EXPECTED
> UPPER TL AND CRITICAL HIGH NEEDS TO BREAK TO SEE HIGHER PRICES AND TREND CHANGE.
> NOTE PREVIOUS UTL ALREADY BROKEN AND TESTED
> LOWER TL CAN STILL BREAK FOR CONTINUTATION LOWER
AUDUSD: LONG BIAS RANGE TRADE [7600-7500]ASCEND: LONG
> REACHED AREA WHERE SELLING PRESSURE CAN BE EXPECTED
> UPPER TL NEEDS TO BREAK TO SEE HIGHER PRICES
> LOWER TL AND CRITICAL LOW NEED TO BREAK FOR TREND CHANGE
> TRADE THE RANGE UNTIL EITHER BREAKS WITH BIAS FOR LONGS
EURUSD: Short towards 1.1810 [15M]AutoUFOs by tradewithufos identifies an intraday location where a high concentration of is likely to be placed.
Trade Opportunities
- we can look to down towards 1.1810 counter trend; OR
- enter at the BUY UNFILLED ORDERS area with the trend
Risk Management
- above 1.1870
- below 1.1790
Trade Management
- Profit targets anywhere between 1.1870 and 1.1790 closing trade by the end of the day
- Cancel any unfilled orders by the end of the day
