EURUSD broke my marked resistance and is above 200, 100 ,50 and 20 simple moving average which means the uptrend on daily is resumed but a correction is due .. before any move up and EU might consolidate a bit before moving up ... and OBV is still ...

Only EURUSD

This was exactly what i was thinking

Cable Update (GBPUSD)

Fundamentally I'm short on DXY .. as Trump want a weaker Dollar and he want interest rates down and the labour market is not doing as well .. the only thing holding USD is the AI sector and now Traders are shorting AI sectors which will not be good ...

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Your targets are always hit do you have a 100% winrate

Cable Update (GBPUSD)

DXY on monthly doesn't look good either .

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EURUSD on daily has created an inverted head and shoulder and is on a resistance zone

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OBV is showing sign of divergance as well

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100 moving average on daily is holding EURUSD and working as resistance and RSI and stoch aslo indicating sell on H1 .. I think a minor retracement is due ..

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Do you backtest ? if yes. backtest more , it will give you more confidence in placing trades

USD/JPY Discussion

DXY formed a double top patttern on the monthly resistance zone .... and dxy break below the trendline .. Let's see wether we get a breakout of the double top pattern .... and there is 80% chances that Kevin Hassett would be the next FED Chair .. ...

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I have two scenarios on my mind first wait for the parallel channel to break downside and then enter short or wait for the resistance zone 1.16520-1.16650 to break and then enter longs . right now i will wait patiently and let the market to give me ...

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Yeah i am more interested in shorts as long as price is below 1.15850

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this bearish parallel channel seems to keep working quite well as well

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Yeah we also have SMA 20 ,50 and 100 on H4 converging togethar at 1.15560-1.15620 zone which will work as strong support as well

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EURUSD is trading in a parallel channel and as well on a support zone if the support is broken then we might see a down side break of the parallel channel and resume the prior downtrend

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I couldn't find any decent entry today so i will call it a day today ...

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Green data for USD yet DXY futures keeps falling let's see how will it react ffrom the trendline support

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Getting ready to long GBPUSD but I will wait for the US data to pop up first

Cable Update (GBPUSD)

GJ broke above the triangle , I will wait for another h1 candle closer outside the triangle to confirm the breakout before entering longs

Cable Update (GBPUSD)

EURUSD is trading in a symmetrical triangle which is more clear on H4 and a break below would resume the recent downtrend and a break above would signal buys which is good for bulls and the resistance is still not broken ......... I am flat right ...

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