Trading plan: 03.2022
Trading plan: Week 03.2023
W1: Bullish. Last week, price formed a bullish candle. Price could go higher with another bullish week.
D1: Bullish. There are no strong candles but price is likely to go higher, but might be retraced a bit first. Next target: 1.24, support: 1.21
H4: Bullish. Not a so nice chart pattern, but price is likely to go higher. The same target and support as D1.
DXY: Mixed. A strong bearish week in W1, but the price seems to lose momentum in D1 and H4. It is likely to have a retracement to the previous low and D1-EMA20.
==> Let's wait for a LONG confirmation at 1.21 (D1-EMA20) and 1.2050. Target 1.24.
News: UK Unemployment Rate, UK Inflation Rate
W1: Bullish. Last week, price formed a bullish candle. Price could go higher with another bullish week.
D1: Bullish. There are no strong candles but price is likely to go higher, but might be retraced a bit first. Next target: 1.24, support: 1.21
H4: Bullish. Not a so nice chart pattern, but price is likely to go higher. The same target and support as D1.
DXY: Mixed. A strong bearish week in W1, but the price seems to lose momentum in D1 and H4. It is likely to have a retracement to the previous low and D1-EMA20.
==> Let's wait for a LONG confirmation at 1.21 (D1-EMA20) and 1.2050. Target 1.24.
News: UK Unemployment Rate, UK Inflation Rate
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