CLEARLY BULLISH! Easy Money
Updated
A few factors to mention.
We should get a small retracement(pullback) that should create a platform for entry.. It's not mandatory but textbook expectations go a long way sometimes.
But will just mention That this chart has been battered so much that it could run 1% and still have some more to go...
Please note important areas on chart: these areas are formed by multiple rejections and aided with the Volume Profile Analysis indicator.
The "DXY", US Dollar though touted by many to be an inaccurate measure of the dollar can still be used to position your entries and exits.
Currently, the DXY has topped out at it's expanding wedge formation resistance and has rejected nicely and this week we are looking for a continuation in downwards trend, with the expectation or increased momentum.
Being bullish on AUD/USD-NZD/USD and Bearish on USD/CHF with a bearish DXY is easy money... This is one secret not many know about but many should be aware of....
All the best to you all.
We should get a small retracement(pullback) that should create a platform for entry.. It's not mandatory but textbook expectations go a long way sometimes.
But will just mention That this chart has been battered so much that it could run 1% and still have some more to go...
Please note important areas on chart: these areas are formed by multiple rejections and aided with the Volume Profile Analysis indicator.
The "DXY", US Dollar though touted by many to be an inaccurate measure of the dollar can still be used to position your entries and exits.
Currently, the DXY has topped out at it's expanding wedge formation resistance and has rejected nicely and this week we are looking for a continuation in downwards trend, with the expectation or increased momentum.
Being bullish on AUD/USD-NZD/USD and Bearish on USD/CHF with a bearish DXY is easy money... This is one secret not many know about but many should be aware of....
All the best to you all.
Note
Beautifully achieved.
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