I have an outlook on GJ considering shorting it on H4 timeframe. Looking at the daily timeframe on that zone, there is a clearly visible bearish engulfing candle. On the H4 timeframe there is a doji candle which confirms a possible reversal once the market comes to that region.
There is a chance for the BXY index to rise or fall. This will be determined by the fundamentals that might be coming up. It is a good idea to stay alert on the GBP movements. Anything can happen. The best way to stay intact is to follow what the GBP Currency crosses are giving to you and exercise good risk management.
Due to the upcoming NFP news, I have a view that the EURUSD will be shorting. what do u think about it?
There exists some demand zones in daily OBs that haven't been accomplished. this is my main reason for shorting BTC
Thoughts on BXY being weak in the coming days. I'll be shorting GBPXXX pairs coming week if I find a viable setup
My analysis points the DXY to most probably retest a resistance level then rally to an existing bearish OB.
looking foward to a complete QM pattern. keeping an eye on the pair. going long
reaching for that supply zone. there is also an OB in M30
The pair might buy to test a previous qml then sell to test an RTO
Anticipating USDCAD to retrace to the H$ OB then rally upwards.
GBPUSD might go long. the dollar index is weakening on the monthly TF. USDJPY also has a bearish structure.
I am expecting the price to go low to collect the orders. after accumulation and the stop loss hit for the lon traders, price is supposed to rise up to the first TP and then one is to lock profits and let the trade run.