Hey guys
Hope you guys are having fantastic week. I have not posted in a while. I took some time off charts to reset my brain. This is the last quarter. Actually there are only 2 more months of active trading till december holidays. There are few setups getting ready. I will be posting as they emerge. Most of the DXY pairs are at weekly support levels. We have to wait and see for now.
Let's take a look at US bonds.
Weekly is bearish. Price is below Tenkan and Kijun. Macd is crossed down. Chikou is coming into past candles.
Daily is bouncing from the highlighted support level. I expected that as it was at support and swing wide from Kijun sen. Daily macd is crossed up.
I am only looking to short it. I am not going to guess it how deep the pullback will be. Let the price action give me a proper signal and i will be in. Looking for test of lower support level once this one goes. Keep an eye on it if you trade it .
Thanks for the read. Hit like if you like my post . I will post some more setups as they come
Take care.
Hope you guys are having fantastic week. I have not posted in a while. I took some time off charts to reset my brain. This is the last quarter. Actually there are only 2 more months of active trading till december holidays. There are few setups getting ready. I will be posting as they emerge. Most of the DXY pairs are at weekly support levels. We have to wait and see for now.
Let's take a look at US bonds.
Weekly is bearish. Price is below Tenkan and Kijun. Macd is crossed down. Chikou is coming into past candles.
Daily is bouncing from the highlighted support level. I expected that as it was at support and swing wide from Kijun sen. Daily macd is crossed up.
I am only looking to short it. I am not going to guess it how deep the pullback will be. Let the price action give me a proper signal and i will be in. Looking for test of lower support level once this one goes. Keep an eye on it if you trade it .
Thanks for the read. Hit like if you like my post . I will post some more setups as they come
Take care.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.