Idea for this week. Technicals - Daily closed as strong bearish engulfing No significant levels in sight Price below EMA Price Action is Bearish 2nd Touch of Trendline (very reliable!) Fundamental, Boris Johnson announced he may consider extra covid-19 restrictions within the United Kingdom. This could support our trade. Comments appreciated :)
Back to basics this week, after a bad week last week. i guess we have to have losing weeks sometimes. This idea is based from the weekly, daily, and 4h structure. All TF's pointing to the downside, including added confluences of EMA, price action, s/r levels. Boris Johnson also discussing extra restrictions in UK so the fundamentals should play out too
Silver idea, I rarely trade this but it looks good this week, with DXY looking bullish somewhat on the daily, and also XAUUSD looking bearish. Opinions?