DitebogoKhunou

DitebogoKhunou

I don't see DXY having anymore strength to continue heading further up if we don't short after this second touch around 95.986 we might potentially do so around 97.851

DitebogoKhunou Updated 

We are holding quite healthy profits rom our previous setup. I'm adjusting my SL waay above entry to protect profits. With discipline and patience comes great rewards 👌🏿🦅

DitebogoKhunou

In light of the rising Inflation (CPI) we might see USD index short as high inflation slowly depreciates the value of a currency. After coming off a 31 year high in October we might slowly see the USD lose its value

DitebogoKhunou

I'm expecting shorts on USDJPY because of this fourth touch on this 114.327 plus this Asecending Channel we see price has formed, I'm looking to short after the breakout. TP 1 : 113.494 TP2 : 90 percent rule at 112.685

DitebogoKhunou

Earlier we had a Ascending channel go in the direction we expected it to go even though it was not immediately but the move still completed the 90 percent at 1.35686 rule and went beyond that so we could have really taken serious serious pips. However now we are in a descending channel and im expecting two types of entries / opportunities from this channel one is...

DitebogoKhunou

I'm closing my silver trade and I am taking quite good profits along with me very nicely done guys

DitebogoKhunou

The following is my adjusted view on GBPUSD still think we will long but after that much anticipated third touch on the trend then we can opted for longs.

DitebogoKhunou

I'm looking to long GBPUSD as we seem at the bottom of the structure and we are looking to long the pair also because of the double bottom and the correlation to DXY supporting our longs

DitebogoKhunou

I'm looking to long GBPUSD as we seem at the bottom of the structure and we are looking to long the pair also because of the double bottom and the correlation to DXY supporting our longs

DitebogoKhunou

Yesterday DXY didn't fall where we expected it to fall however I do see a third touch on the trend now which might indicate a risk entry being available for shorts and if we do get a third touch on the Lower trend and breakout of it we are looking to complete our 90 percent rule.

DitebogoKhunou

Our trade is moving along very nicely, I'm perhaps thinking we might go complete the DOUBLE BOTTOM and then maybe complete this descending channel. Adjust Stop loss or close if happy

DitebogoKhunou

And in order for eurusd to rise we have to have DXY falling which seems like the likely case here if you ask me, I'm looking to enter EURUSD with longs after I get confirmation rejection candlesticks *

DitebogoKhunou

We are seeing a potential inverse head and shoulders pattern forming? I am looking to see if we reject this area and do follow up along with this structure *

DitebogoKhunou

We are hokdi g really nice profits from yesterday's short signals and I'm considering closing trades and looking for longs as it may seem we have a change of structure

DitebogoKhunou

Temporarily though we might see price selling because of this third touch on this 1.16172 zone let's fallback abit and see if we can let price create a double bottom on 1.15060 for us first before taking longs

DitebogoKhunou

Potential shorts on the third touch of the trend looks very likely considering we are seeing previous candle closing with wicks indicating rejections and possible a change of direction, as further confluence go into the H1 timeframe to see if you Can spot a corrective and potentially an impulsive phase towards the downside. We might still shoot up after we...

DitebogoKhunou

We are holding nice profits on Silver and I adjusted my SL to protect my profits. Now we are looking to clear this neckline ( purple area) and potentially continue shooting upwards

DitebogoKhunou

We are holding healthy profits now and I'm looking to adjust my SL to protect our profits and take risk off table we'll see at or after the third touch what happens if we breakout we hold and open more if not (if we reject) consider closing