Sellsetup
GBPJPY SWING TRADE SELL IDEAGBPJPY is the sell sooner or later. Just need to break and come out of the consolidation zone and then It would be a good swing sell of more than 400 Pips.
This is not a financial advice, It is just an idea, Market can go in opposite side as well. So please manage the risk.
STRUCTURE COMPLETEThis is just an update on the sell setup that I saw last week. Will update as time goes on, stay tuned!
Good Luck.
God Bless!
DOLLAR INDEX NEW DOWN LEG AHEADDXY nothing is critical with this change in the dollar's value because the chart has not made a lower low.
First support is at 92.00,
If the downward channel is broken and also the dashed line is broken, the probability to climb and see new down leg to 90.00.
Dollar is weak, also upcoming CPI news can move to short targets
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XAUUSD ANALYSISwe are currently in the correctional phase of the market which as we know comes after an impulsive move. I am anticipating price up to push up to around @1803.45 and from there will be waiting for price to give us an entry signal into this sell position. suggested stop loss: @1808.43(0.26%) leaving us with a potential risk to reward of 18.1