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Trade is all about risk managment and patience. i do trade on behalf of supply and demand and pure price action
IN WEEKLY CHART WE SAW AN AGGRESSIVE BUYING BY SMART TRADERS.
NOW MARKET RIGHT BACK TO BULLISH ORDER BLOCKS TO TAKE MORE BUYING ORDERS. AFTER THAT WE COULD SEE A BULLISH LEG.
DON'T ROLL OVER YOUR EYES FROM THIS PAIR.
we recent see some price action candlestick pattern. but right above that high there is FAIR VALUE GAP exist. price is heading to that point and fill some short orders and sell off from that point.
Dont forget. right now market is just trapping retail traders.
DXY ON THE WAY TO REACH ITS DEMAND ZONE
THIS DEMAND LEVEL HAS POTENTIAL IMBALANCE. IT BASES ON VERY STRONG BASE CANDLE.
SO USINDEX GETS TO THAT LEVEL.
WHEN AREA WILL BE HIT. INITIATE YOUR POSITION IN GOLD FOR LONG.
RIGHT NOW WAIT AND SEE SCENARIO
As UK having different news regarding Brexit. From Irish prospective brexit deal won't be finalized on 31 oct.
so investors are confused after this statement.
though technically market also in selling if it breaks 1.24600$ support.