USD correction under way: Last 3 shots today to end this perfect week, LLG & EURO & Cable reversal longs

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#traderoftheweek# 

Pretty lucky this week…

 #XAU/USD#  #GBP/USD#  #EUR/USD# 


LLG: fake broke out around 1750s, seemed most former existing long positions in the market had been squeezed & stopped out for great loss, then sharp reversal began, preliminary target 1830s. 

Refer to my post on Jun 27: 

XAUUSD: Consolidating after sharp post-FED pullback, what will be the next?

Running on the red track.

Buy expectations, sell facts, again, despite better than expected mixed-up NFP.


Cable: looked oversold a bit,very big & strong doji at the bottom, bullish divergence. Refer to my post on Jun 28: GBPUSD Shorts: seems to be the highest Risk/reward ratio bet for this week. It might be a short term reversal.


EURO: major counter party against USD correction, beware of USD sharp & deep pull back due to, (1)former top; (2)hesitation before 92.80; (3)important & obvious nodal turning point of time cycles; (4)apparent BIAS above miscellaneous moving averages.(5)dovish Powell; (6)$1,000B FED O/N RRP


Good luck July!


 
USD correction under way: Last 3 shots today to end this perfect week, LLG & EURO & Cable reversal longs
 

 
USD correction under way: Last 3 shots today to end this perfect week, LLG & EURO & Cable reversal longs
 


 
USD correction under way: Last 3 shots today to end this perfect week, LLG & EURO & Cable reversal longs
 

Dieditkan 05 Jul 2021, 06:45

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