Risk on or risk off? I’m watching these short-term bullish comdoll setups but I’m open to taking forex reversal setups if market sentiment changes again!
Significant Forex Levels to Watch
|Week Open (WO)||0.7080||1.3887||0.6625|
|Previous Week High (PWH)||0.7243||1.4103||0.6752|
|Previous Week Low (PWL)||0.7003||1.3640||0.6450|
|Top Weekly ATR (tWATR)||0.7172||1.4030||0.6714|
|Bottom Weekly ATR (bWATR)||0.6989||1.3745||0.6536|
|Other significant levels||0.7100, 0.7000||1.2800, 1.3700||0.6600, 0.6500|
In case you’re wondering what ATRs are all about and how I computed those figures, make sure you check out my entry explaining my trading strategies. Here are some of the comdoll forex setups I’m looking at this week:
And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:
Don’t forget to check out our risk disclosure when taking any of these setups. Got any comdoll trade ideas you’d like to share? Post ’em right here!
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