Price bounced up from the 1904 support level as I mentioned from the previous idea It was a very good long entry Since price broke above 1925 level, if price stays above this level then I can see that price can go up further to 1945 - 1950 resistance zone Support levels that I'm interested in: 1925 1921 1917 But be careful with your entry because there will...
Right now DXY is above 103.8 We need to wait and see the reaction when DXY comes back to 103.8 If DXY goes to 103.8 and holds as support = Short term bearish for most USD pairs If DXY goes below 103.8 and holds as resistance = Short term bullish for most USD pairs Previous idea: *Not financial advice **Always use proper risk management ***Never enter a...
Price did come to 1912.2 support and bounced up from that level It was a good scalp long Right now the trend for scalping is still bullish I'm still waiting for price to come down lower and look for another bullish candle on lower time frame so I can enter another scalp long But be careful because today there will be a high impact news for USD pairs Support...
If you followed my previous idea about DXY, we did get a rejection at 103.8 resistance zone, which means bullish for most USD pairs In my previous idea about XAUUSD, to enter scalp long I was looking for price to get above 1910 resistance zone first and flip it as support I got short scalp entry at 1920 resistance zone, but the better entry is to wait for price...
As you probably know already, DXY analysis is very important for USD pairs Here are some scenarios: Wait for DXY to go to 103.8 resistance zone, then see the reaction of it If we see a good breakout and 103.8 stays as support, then XAUUSD and EURUSD will be bearish and I will be looking for short entries But if we see a rejection from 103.8 resistance zone,...
Price is still ranging between 1895 - 1885 levels At the moment it shows a rejection from 1894 resistance zone The trend is still bearish but in my opinion I don't think price will go below 1880 (at least for now) If price goes to 1882 support zone then I'll be looking for a bullish candle for confirmation to enter a scalp long I will also add another bearish...
Price managed to bounce up from 1884 support zone and it was a good scalp long I think price need to flip the 1910 resistance zone first for a better scalp long entry If price can break out and hold 1910 zone as support then 1925 is possible Previous idea: *Not financial advice **Always use proper risk management ***Never enter a position without waiting for...
Price managed to breakdown the 1902 level and it was a good scalp short to 1894 support zone After that price bounced up from 1894 support zone following the bullish path Here are some scenarios that I'm waiting for atm: - Wait for price to come to 1910 resistance zone so I can enter scalp short Bearish targets: 1902 - 1900 - Wait for price to come to 1918...
Price managed to go to 1910 resistance zone and it was a good scalp short to 1902 support zone Now there are only 3 scenarios left But be careful because there will be FOMC news on Thursday *Not financial advice **Always use proper risk management ***Never enter a position without waiting for confirmation on the lower time frame first (15m, 5m, 3m, 1m)
There are 4 scenarios that I'm waiting for: - Price breakout the 1925 resistance zone and flip it as support to continue local bullish trend Bullish targets: 1932 -1935 - Price breakdown below 1902 so I can enter scalp short to support zone Bearish targets: 1895 - 1892 - Wait for price to come to 1895 support zone so I can enter scalp long Bullish targets:...