- Last week expected this market to pullback towards ket area of support @1.2965 and this is what it did, this was the best area for entries with the lowest risk to reward ratio.
- Bulls took control from my zone @ 1.2965 all the way to my short term target @ 1.3075
- Furthermore hitting my target 2 @ 1.3170.
- Going into this week with looking at my target 2 from last week @1.3280
- For any new entries the healthiest place for low risk to rewards will be at previous retests of new support.
My weekly forecast highlights the overall market trend with key levels to get an idea of the best targets in the upcoming week and weeks ahead! It's a projection of the market with technical/fundamental analysis and is to be used for ideas, entry point analysis is done on a daily basis for entries with minimal drawdown!
Every week Includes analysis for
CRUDE OIL / XTIUSD
Us dollar index/ DXY
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