BYND 8/24 to 9/4 Trading PlanBYND looks like it has been consolidating in between the 120-130 range again like it was back in July. Breaking above 130 and we'll see it push higher.
Resistance
Watch 135 minor resistance to continue higher to 142.
Support
On the downside breaking under 120 and we'll see a pullback down to 115's
Tradeplan
GRWG Trading Plan 8/24-8/28$GRWG
As we can see GRWG had a nice run up. Now we're looking to pullback or potentially continue to push higher. Holding above 18 and I can see a retest of 22's and continue higher above those levels from the previous week Rejecting 18 and we'll pullback to 16.15 then 14.8
Watch 14.80's for support and 17.90's for resistance.
Above 17.90 I can see a retest of 22.07 previous high from last week.
Below 14.81 and we'll pullback down to 12.30's
DXY Coming into Support on the Hourly ChartHere are trade ideas for most of the basket pairs, if you're bullish DXY.
gbpusd usdchf and usdsek. I cant publish usdsek right now or I will hit my limit for the day but it is very similar to the usdchf chart.
Please note it is very risky to trade the entire basket based on the DXY view. Thats why the live account mainly trades EU. Message me to out which trades are active. Group chart participants get callouts, Q/A, and custom analysis FOR FREE.
DXY Found Support. Starting the Month Bullishgot a little too optimistic at 93.7 but we can see here DXY has finally made it down to relatively strong support level. Should have stuck to my original idea , got lost on the LTFs in a choppy market and got hit a few times. GU to the rescue ?
Long usd/xxx Short xxx/usd
Has DXY Finally Found Support?lower time frames are proving this to be a significant level on the charts. After getting chopped around the last couple days higher timeframes are back in play xxx/usd and usd/xxx
a few other basket pairs have already started moving in a bullish DXY manor, are they "leading"?... time will tell
UsdCad Hedge tried to catch a DXY correction thats probably not going to end up working out. This trades to cancel out my last EU idea and get back inline with my broad view of DXY, bearish
Should have stops to BE before dxy gets to 93.5 incase its going to hold there. this is the only active trade. new DXY chart will come out soon