Breaking News: 5th June, 2023 Indices, Stocks, USDX & YEN Market Analysis

Market Breaking News June 5 Update, 2023:

 

Medium and Short Term

Indices- H4 choppy
USDX- H4 lower and  choppy
YEN- H4  Higher and choppy
Commodities- Higher
Cryptos- Higher

TRADING OPPORTUNITY

Buying  indices (in the correction)
Buying  XAU and XAG (in the correction)
Buying Teck (in the correction)
Buying  Commodities Crosses (in the correction)
Buying GDX/XLE (in the correction)
Selling USDX (in the correction)
Selling BAC bounces as  Hedge Trade (in the correction)

WHAT WE DON´T DO IN THE MARKET UNTIL MORE DATA

Do not trade Yen Pairs
Do not Sell Precious Metals
Do not Buy USDX 

 

RIGHT SIDE :

USDX 

Weekly- Higher
Daily- Lower
4 Hour- Lower
1 Hour- Higher

Indices 

Weekly- Bullish
Daily- Bearish
4 Hour- Sideway- Higher
1 Hour- Higher

YEN Pairs

Weekly- Higher
Daily- Lower
4 Hour- Sideway- Higher
1 Hour- Higher

WARNING

The best trade is when we have two or more alignments in a row. And the instrument has a bullish structure:

Exp: Instrument In ( Weekly, Daily, 4 Hour)
Weekly- Right Side Down
Daily- Right Side Up
4 Hour- Right Side Up

We can buy in 4 Hour / in (3,7,11) swings when the correction is complete.

Never risk more than 2% capital per trade
Indices and Stocks Lower, USDX  Higher, YEN Sideways to Higher.