I see EURUSD pulling back a little going into next week then continuing to higher prices. The DOLLAR is weak and will continue to weaken so expect all foreign currencies to have further strength.
Here's my trade idea on GOLD for the coming week. Gold is a valuable metal and it's always best to buy the dips with proper analysis of course. Here I've outlined my thought process behind the pair.
Key:
+OB - Bullish Orderblock
SSL - Sell Side Liquidity
MRL - Major Resistance Level
MSL - Major Support Level
I'm expecting a move higher into a Premium to fill in the void that was left on Monday of last week. From there I expect further Bearish Price Action for the rest of the week. My setups will be Intraday anytime within 12AM - 2AM with a Trade Closeout anytime between 5AM - 10AM depending on how Price is reacting.
I am anticipating further Bearish Price conditions for the Euro this week. I don't expect Price to move so much anymore until Midnight. If Price manages to reach for higher Prices above Midnight Open then I'm selling at the High / Break above the Asian Range High. If Price moves too much come Asian Range then this might not be the most ideal trade scenario and...
Price didn't reach a Premium but we do have the retracement from NY Session after London's High/Manipulation. I'm currently in a Sell for 100 PIP swing. Ending the week with this trade win or loss.
EURUSD hit the breaks at 1.19200 and reversed heavy towards the downside. Based on Sunday & Mon Price action I am bearish on EU. Price is currently floating under Sunday Open Price after the Expansion. Now, I'll wait for the retracement into a Premium Market zone being anywhere between the 79% retracement level and the 62 retracement level then sell for a Full...