Hello, We have seen how Gold reacted to the DXY fall, as DXY is expected to reach 98 areas and below, Gold is expected to rally as safe heaven, with some liquidity sweep here and there, I expect Gold to break the 1H Resistance today or this night, I expect more than 2100 by next year. Cheers, happy trading! RR 1 to 3
Hello, My Trade Idea for the short term on the USD JPY: Long till the last Fair Value Gap on the Upside crossing the last bearish candle (see the chart) at 144,70, if no Pullback then 145++. Long @ 142.28 TP at 144,70 SL at 141,80 5:1 RR
If we look at the daily and weekly, the area between 146,50 and 147 acted as a resistance area whenever the pair fell to those levels . It seems like we are breaking the Structure to the upside on short term to test the 146,50 - 147 levels (Supply zones), but only on short term. We broke the 144,70 levels to the Downside for 2 weeks now, that's a pretty strong...