xzn0208

xzn0208

Technically and according to Market structure, it broke out of a falling channel the pair is bullish, impulse to the upside, then pullback, I'll wait for a confirmation before i pull the trigger, two take profit level, with an opportunity for a second entry... remember risk management.

xzn0208

DXY is forming a bullish flag, possible to break the 4hr structure to the downside to trap sellers before showing signs of going up.

xzn0208

DXY testing upper bound of the channel, and is on a strong weekly and daily resistance, a pullback is expected, it might melt immediately after market open, or we can get a push up first, then melt.

xzn0208

We wait for a sell opportunity on this pair early next week, price approaching the upper TL, when it touches the upper bound of the channel, we'll monitor price action, if we get a sell confirmation then we'll sell.

xzn0208

Pair testing the bottom of the channel, strong support, price might reverse to the upside.

xzn0208

Price bounced on the upper TL, formed a head and shoulder, confirmation will be the break of the neckline, 3 possible targets on the way down.

xzn0208

sell at break of structure, price approaching a very strong resistance level.

xzn0208

if you are trading crypto, possible long opportunity on the Shiba, current price very low, buying this crypto for $100 will give you more than 4 million coins.... don't say I never tipped when the price reaches $1 dollar....

xzn0208

The pair is currently on testing support, possible upward movement might happen.

xzn0208

I'm expecting this pair to retrace at least 50% of friday's daily candle before continuing to the downside.

xzn0208

I believe the could be our next moves on this pair...

xzn0208

This is my bias on the dollar index.... 7.15 RR

xzn0208

We can trade both moves, fist the correction as a scalp, then the next impulse move....

xzn0208

Testing strong support, monthly, weekly and daily, the next move could be a correction for a 4h structure, or could be a beginning of a continuation for weekly structure.