Jacques_2803

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Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
DXY 50% | 2 GBPJPY 25% | 1 GBPUSD 25% | 1
Jacques_2803 Jacques_2803 GBPJPY, 1D, Short ,
GBPJPY: is it time for a bearish run???
75 0 2
GBPJPY, 1D Short
is it time for a bearish run???

On weekly price is in a uptrend making HH and HL. Price also broke through our ascending TL. We also had a strong close below 200 ema indicating a lot of sellers in the market. We also have a MA crossover. Price can go down to 140.00

Jacques_2803 Jacques_2803 GBPUSD, M,
GBPUSD: long term short for gbpusd
29 0 0
GBPUSD, M
long term short for gbpusd

ill be looking at 3 areas where price might go short. 1. 1.4500 which lines up with my 50% fib retracement level. 2. 1.5000 which also lines up with my 61.8% fib retracement level. 3. long term descending trend line. I have also indicated with the arrows the important levels/reversal level.

Jacques_2803 Jacques_2803 DXY, D, Short ,
DXY: DXY to weaken more?
29 0 0
DXY, D Short
DXY to weaken more?

with the markets opening, leaving a huge gap in the market, my bias with the us dollar is still short. price might retrace back to 91.5/92 before making L/L and reaching weekly support of 88.7

Jacques_2803 Jacques_2803 DXY, D, Short ,
DXY: dollar to to gain more weakness?
8 0 1
DXY, D Short
dollar to to gain more weakness?

what are your thoughts on the current state of the dollar.

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