Based on the higher timeframe, price is looking to go down a bit further. Price is currently pulling back into a range and a potential short idea may present itself once it gets into my area of interest.
This pair is bullish on the higher timeframe. There is no break of structure to the downside on the higher timeframe. This analysis is leading me to a bullish trade idea. This will change if there is a close below the break of structure on the higher time frame. I widened the Stop Loss for this trade as price may want to wick some lows as there is CPI news...
This buy setup was is based on the higher timeframe. There is a bullish close on the daily from Friday. Looking for price to come to this area and reject. The Stop Loss was set below a previous low to where price should not come to based on how the daily closed on Friday. The Take Profit is a 2 to 1 trade. My prediction is that price will exceed my take profit,...
