This page is based on the potential trading setups covered here – https://greedy.ro/2024/08/08/forex-potential-trading-setups-4/
DXY
For DXY, this was the expected move –
And the price did went in that direction.
We are close to the support trendline so we could see a pullback from here.
XAUUSD
This was the anticipated move on gold since last week and we saw the retracement happening.
I took a long position and already closed it with TP.
Now, the expectation is to see a retracement after this ATH and re-enter, but that will be covered in the next potential trading setup post.
SPX
This was the expectation for SPX last week –
And this was the move, but the price skyrocketed due to the PPI/CPI news and we haven’t got the chance to see a retest.
BTCUSD
Last week I said that BTC should retest 63k on daily but I will not take a short on it.
This is what BTC has done since then – a very very good retest of that point and a rejection but it’s still looking bullish so I will not be looking for shorts. I’ll actually probably open a long position on smaller timeframes.
