SJTRADESFUTURES

USD/HKD Uptrend Established Long

Panjang
OANDA:USDHKD   Dolar A.S. / Dolar Hong Kong
Clear trend presenting itself with the US dollar vs Hong Kong Dollar

With most of April crushing the USD it appears we are now turning the tables

with a curved bottom and a clear uptrend painted thus far for this pair.

I have outlined the green box for LONG entries which is sitting at the point of control

with a fib pull from previous swing high to low for confluence with the above mentioned factors.

Resistance levels have been drawn using standard Fibonacci pulls and align well with volume Profile.

Ensure you have a trading plan and know your invalidation .

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Penafian

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