Hey there everyone! Last week was another solid one in the room!
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Last week’s results from the P&A were:
GBPUSD hit all 3 TP levels
AUDUSD did not hit any TP levels
EURUSD hit all 3 TP levels
USDCHF hit TP level 1
Prediction & Analysis for the upcoming week is as follows:
***As always…remember to move your SL as TPs are hit and even if TP3 is hit…continue to trail stop to achieve maximum profit potential***
We use the Poppin Picaso strategy for the weekly P&A. Based on the indicators at week end and general price action, we use the previous support and resistance levels to determine TP levels.
GBPUSD – short/sell
TP1 – 1.237320
TP2 – 1.234984
TP3 – 1.232259
We ended the week with:
Semafor – sell sun
100 hma and 14 hma – price is below
200 sma – price has a ways to move toward
Oscillator – flipped to the downside
RSI – has exited and re-entered the 70 line
AUDUSD – short/sell
TP1 – 0.769399
TP2 – 0.768141
TP3 – 0.766883
We ended the week with:
Semafor – sell sun
100 hma and 14 hma – price is below
200 sma – price has a ways to move
Oscillator – flipped to the downside
RSI – exited and reentered the 70 line
EURUSD – short/sell
TP1 – 1.072647
TP2 – 1.071422
TP3 – 1.070100
We ended the week with:
Semafor – sell sun
100 hma and 14 hma – price is below
200 sma – price has a ways to move toward
Oscillator – flipped to the downside
RSI – has exited and reentered the 70 line
USDCHF – long/buy
TP1 – 0.998940
TP2 – 1.000084
TP3 – 1.001190
We ended the week with:
Semafor – buy sun
100 hma and 14 hma – price is above
200 sma – price has a ways to move
Oscillator – flipped to upside
RSI – exited and reentered the 30 line
See you Monday and cheers my friends 🙂
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