Okay its very easy to see a clear 3 way scenarios on EURUSD - before market opening in a few hours.
From assessing LAST week, the was a lot of NEWS data to come out from the FED, which cause the Dollar to HIKE very well, we saw it the impact through DXY and XAUUSD.
My Judgement on USDJPY for this week, is to pick 1 out of these 3 scenarios for the upcoming price action of EURUSD. I have decided to wait wait for a short entry as you can see in the chart to take one of the blue arrows all the way down to lower trends.
Ill be awaiting for the SELL AERA BOX - to kick in which as a price range of 136.900 to 137.400.
W/ a full STOP LOSS @ 137.800
The lower trend is 600+pips to see excepted to swing this TRADE and take partials every 150pips.
From assessing LAST week, the was a lot of NEWS data to come out from the FED, which cause the Dollar to HIKE very well, we saw it the impact through DXY and XAUUSD.
My Judgement on USDJPY for this week, is to pick 1 out of these 3 scenarios for the upcoming price action of EURUSD. I have decided to wait wait for a short entry as you can see in the chart to take one of the blue arrows all the way down to lower trends.
Ill be awaiting for the SELL AERA BOX - to kick in which as a price range of 136.900 to 137.400.
W/ a full STOP LOSS @ 137.800
The lower trend is 600+pips to see excepted to swing this TRADE and take partials every 150pips.