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NTFX's Trading journal

Hello everyone. Welcome to my trading journal update. I hope you are doing well and making good profits from the high violation of the market. The price of the US index exchange rate will decline in the overnight session and breaches the lower descending channel at 103.70, which will indicate that a downside rebound will resume the bearish trend, and another crossover of fanfiction level below 103.00 will open the door for sellers around 102.50. In addition, if high-impact news data rises, the price and prediction may challenge the immediate resistance convergence at 104.65, then follow through the daily pivot point closing at 105.20. The short-term investors expected a bullish correction possible for the current week at around 105.99. Closed trades: Yesterday, I had buy trades floating on the EURUSD pair, and upside convergence may tackle the previous immediate resistance at 1.0590. In the earlier session, the dollar index strength remains controlling the upside base, and further crossover may decline the price below 1.0540. I decided to manage these trades with a massive profit of $20 and wait for the US session breakout channel to take additional risk and grab the pips from the market. If the price rises above 1.0669, bears may no longer, and additional strength may directly challenge the ascending channel of 1.0730 at the end of the current week.

NTFX's Trading journal

Important news: Today, the "CB Consumer Confidence" high-impact news schedule for the USD currency will significantly impact the market. We must focus on the price action moves and then execute additional trades on the related currency pairs.

NTFX's Trading journal

USDJPY BUY TRADES: The price of USDJPY continues to add strength and conditioning may break the neckline of the bullish base at 135.60, which will confirm that buyers' pressure may be valid for long-term and reversible correction break out of the immediate resistance at 136.50. I decided to open buy trades with the current market trend, and further growth may print the bullish base at 136.90. In the first session, if the US index exchange rate breaks out the new support barrier and declines the price sharply below 133.80, bears may open the door for sellers to reach 132.40. On the upside, the main focus will be 136.00; when surpassing these obstacles, additional growth may appear in a massive swing over the range of 137.39. The short-term clouds may continuously attract buyers from the last couple of sessions and maintain the price above 135.50 on the card.

NTFX's Trading journal

Current Positions:

NTFX's Trading journal

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