SHORTS
$23.9 - $24.1
Confluences: 50 Fib, Key Level, $24 Round Number
$24.4 - $24.5
Confluences: 61.8 Fib, KL, Added Confluence if 50 Fib fails/small reaction (under $0.50)
LONGS
$21.45 - $21.3
Confluences: 88 Fib + KL
$20.8 *ONLY IF $21.45-$21.30 FAIL*
Confluences: Recent Lows
Most of the time I will use these Zones for added confluence on...
With a possible shift in structure on the Weekly/Daily TF
2046/49 - Split Entry
Confluences: 76/88fib (dependent on where you draw from), Big Daily TL 3rd Touch, 4h TL 3rd Touch (2050 RN Confluence within zone)
SL 2052
TP1 2040 (Close 2046 entry 1:1)
TP2 2025 (Close 2049 entry 1:8R)
*** IF THIS FAILS I WILL BE PUTTING THE HOUSE/CAR/KIDS ON 2055 ***
2055...
Looking at 2 zones for potential pullbacks on USD. With DXY rising all of last week, and with Metals and indices taking a beating, I believe there is some USD Downside coming.
I have 2 Zones prepped and ready for DXY Pullbacks
107.28-108 - Should provide some pullback. Heavily Tested Previous Key Level + 61.8% Fibonacci meeting in the same zone, I will be...