USDMXN HAS CLEARLY REVERSED FOR A POSITION ADDING, WITH THE CONTINUOUS DOLLAR WEAKNESS, WE WILL FURTHER SEE THIS PAIR DROPPING.
READ ON PREVIOUS ANALYSIS, TO HAVE A BETTER UNDERSTANDING, SENTIMENT DESCRIPTION IS SIMILAR.
WITH A BULLISH FIRST WEEK,PRICE HAS DECIDED TO FLIP MONTHLY BULLISH SENTIMENT BEARISH. LOOK OUT FOR MARKED ZONE OR LIQUIDITY AREAS FOR SHORTS.
TP ONE WAS HIT ON THE LONG AND PRICE HAS GIVEN US ANOTHER OPPOTURNITY TO REENTER OR ADD THE MORE POSITIONS WITH A NEAT STOPLOSS RATION. WITH PRICE EMBEDDED ON HOURLY DEMAND.
WITH CONTINUOUS BEARISH MOMENTUM, CURRENT PULLBACK IS A GREAT TO PARTAKE IN THE SHORT TREND. ZONE CAN BE CLEARLY SEEN IF YOU DROP TO 1 HR WITH A SIZABLE SL, YOU CAN SIZE IN SMALL POSITIONS AND A FURTHER PUSH UP TO MARKED ENTRY INCREASE LOT SIZE.
HOPING TO CAPITALIZE ON PRICE EMBEDDED ON THE DEMAND ZONE, PRICE HAS BEEN BULLISH.
SHORT IS CURRENTLY APPROACHED ITS MONTHLY OPENING AREA, THIS CAN MEAN TWO THINGS BEST TIME TO JUMP INTO MISSED SHORT OR PRICE JUMPS ABOVE CURRENT ZONE FLIPPING SHORT PERSPECTIVE INTO A BULLISH MARKET.
AUDNZD HAD INITIALLY LOOKED OUT BEARISH UNTIL MARKET SET MONTHLY TREND BY CREATING HIGHER HIGHS, PRICE MIGHT EMBED ON ZONE OR NOT EVEN GET CLOSE THEN SHOOT FOR THE SKY.CONTINUE TO LOOK OUT FOR LONG SETUPS SHOULD THE DEMAND ZONE FAAIL TO HOLD PRICE.
PAIR HAS BEEN EMBEDDED INTO SUPPLY, HOPING TO SEE A DROP CONTINUATION BREAKING THE PREVIOUS LOW IN THE LONG RUN. SHORT AT CURRENT ZONE WITH AN SL LESS THAN 30PIPS. AND SHOULD THE ZONE NOT HOLD, LOOK TO RESELL AT HIGH PRICE ZONE.
FROM MY PERSONAL OBSERVASTION THIS PAIR IS BAISED SHORT, BEEN LOOKING FOR BETTER PRICE TO SHORT. SHORT NOW OR WAIT FOR A SMALL REVERSAL THEN SHORT
PRICE IS CURRENTLY EMBEDDED INTO AN HOURLY DEMAND ZONE. LOOKING TO TAKE A LONG IN THIS LOW-RISK TRADE.
YES USDXXX PAIRS HAVE BEEN BEARISH, BUT WITH USDJPY IT TAKES HARD TO EXTREME NEWS OR DATA OF JPY AND USD(TYPICAL TO SAY) BUT THAT IS WHY IT WILL LIKELY NOT MOVE WITH CORRELATING PAIRS(USDXXX AND XXXJPY). THAT BEING SAID IM LOOKING TO GO LONG ON THIS PAIR, RESTED ON A DEMAND ZONE I HAVE BOUGHT WITH A GREAT RISK-TO REWARD RATIO.
BEEN ON THIS EURGBP LONG FOR 2 DAYS(SINCE TUESDAY), HOPING T ADD MORE POSITIONS. PRICE CURRENTLY STALLING ON A DEMAND ZONE. ADDED POSITIONS WITH A NICE 17 PIPS STOP LOSS.
CURRENTLY EMBEDDED IN A DEMAND ZONE, HOPING TO SEE A CONTINUATION OF THE BULLISH MOVEMENT, SHOULD ZONE FAIL TO GET VOLUME PRICE WILL SLIDE LOWER TO FIND BETTER PRICE, FOR BIG MONEY TO ADD LONGS.