H4/D/W/M Market Update: USDX, INDICES, YEN Pairs and CRYPTOS

H4/Daily/Weekly/Monthly -  Market Update in July 8/12, 2024

 

Medium/Short Term(H4) Right Side:

• USDX- H4 Sideways to bearish

• INDICES - H4 Sideways Bullish

• YEN Pairs- H4  Bullish 

• CRYPTOS- H4  sideways to Higher

 

Daily/Weekly/Monthly Right Side:

INDICES

• Daily -     Bullish

• Weekly- Bullish

• Monthly- Bullish

USDX 

• Daily-     Bearish

• Weekly- Bullish

• Monthly- Bearish

YEN Pairs

• Daily-     Higher  Bullish

• Weekly- Higher Bullish

• Monthly- Bullish

Trading Opportunity:

• Long-Term- in Daily

• Buying- Indices (in the correction)

• Buying- Yen pairs (in the correction)

• Buying- XAU and XAG (in the correction)

• Buying- Teck (in the correction)

• Sell- USDX
   

What We Shouldn't Do in the Market Until More Data:

• Do not Sell Indices

• Do not Sell Yen Pairs

• Do not Selling Precious Metals

• Do not Buy USDX

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 ( W,D,H4)

• W- right side down

• D- right side up

• H4- right side up

• We can buy in H4 / in (3,7,11) swings when the correction is complete

Never risk more than 2% capital per trade and use Position Size Calculator to manage your capital properly.