WHY!
CORRELATION: STRONG DXY AND US DOLLOAR AGAINST OTHER CURRENCIES
TREND: DAILY IS BULLISH AND CLOSED WITH BULLISH CANDLE A PULL BACK, 4H STILL BEARISH BUT WE HAVE A TRENDLINE BREAK AND WAITING FOR BREAK OF KEY LEVEL BETWEEN 0.93086-0.93217
ENTRY: ENTER ON RETEST AFTER BULLISH BREAK AND CLOSE ABOVE RESISTANCE ZONE . I WILL SCALE DOWN TO LOOK FOR MY LOWER TIME FRAME ENTRY PATTERNS
TARGETS: 0.93754 AND 0.94146
DISCLAIMER: NOT A SIGNAL. ANALYSIS BASED ON MY TRADING PLAN
HAPPY WEEKENDS
IF YOU WOULD LIKE WEEKLY MARKET ANALYSIS VIDEOS TO BE POSTED HERE ON THE MARKETS AM LOOKING TO TRADE AND HOW I MAY ENTER PLEASE FEEL FREE TO LET ME KNOW IN THE COMMENTS
CORRELATION: STRONG DXY AND US DOLLOAR AGAINST OTHER CURRENCIES
TREND: DAILY IS BULLISH AND CLOSED WITH BULLISH CANDLE A PULL BACK, 4H STILL BEARISH BUT WE HAVE A TRENDLINE BREAK AND WAITING FOR BREAK OF KEY LEVEL BETWEEN 0.93086-0.93217
ENTRY: ENTER ON RETEST AFTER BULLISH BREAK AND CLOSE ABOVE RESISTANCE ZONE . I WILL SCALE DOWN TO LOOK FOR MY LOWER TIME FRAME ENTRY PATTERNS
TARGETS: 0.93754 AND 0.94146
DISCLAIMER: NOT A SIGNAL. ANALYSIS BASED ON MY TRADING PLAN
HAPPY WEEKENDS
IF YOU WOULD LIKE WEEKLY MARKET ANALYSIS VIDEOS TO BE POSTED HERE ON THE MARKETS AM LOOKING TO TRADE AND HOW I MAY ENTER PLEASE FEEL FREE TO LET ME KNOW IN THE COMMENTS