WS_79

WS_79

- Bullish divergence on 4 Hour and 1 Hour Time Frame - DOW Theory LH Broken and First HH formed entry based on 0.618 Fib level retracement with Bullish Candle Close (Partially Risky Trade) - Riding Till Strong 2023 High Resistance Level

WS_79

- Short based on hourly bearish candle close near Resistance zone. - Expecting continuation of downtrend till next support zone or around that before Thursday after that expecting A reversal as CPI data is expected to weaken USD further. - DXY currently is just having a healthy retracement from it support level

WS_79

- 0.618 FIB Level Retracement tested with bullish candle close - Was expecting bullish continuation - 5 min good cambist setup in confluence

WS_79

- Trade based on expecting bullish continuation after sideways movement - 30 min Bullish Candle close - Above Hourly support which was test 3 times

WS_79

- Trade based on Continuation. Dow theory Bullish trend still being continued - Entered at 0.618 Fib level with 1 hour candle close as 30 min bullish candle close didn't reflect bullish momentum to confidently enter. - This allowed me to enter at 0.618 Fib level rather then entering at 0.5 Fib level - However as DXY reached a crucial support (18th Sept 2024 low)...

WS_79

- Trade based on Fundamental analysis to buy on retracement. - Weekly had a bullish candle close and on hourly continued its Bullish DOW theory trend - Entered at 0.618 level with 30 min Bullish candle close. - However, Got greedy a bit and Moved TP to last HH. Even after observing market rejecting to break last 1 Hour time frame HL around 1.80. Exited with...

WS_79

- DOW Theory Bullish continuation after higher time frame healthy retracement - Higher time frame swing 0.5 Fib Level tested with Bullish candle close within the zone - 4 hour bearish divergence was still intact due to which decided to wait for retracement which was provided by the early morning news for EUR - Although missed a better and earlier trade...