Bust out those Fibs because I’m seeing corrections on the comdolls this week! Here are the setups and inflection points to watch on AUD/USD, USD/CAD, and NZD/USD.
Significant Forex Levels to Watch
|Week Open (WO)||0.7609||1.3241||0.7181|
|Previous Week High (PWH)||0.7697||1.3313||0.7311|
|Previous Week Low (PWL)||0.7552||1.3068||0.7105|
|Top Weekly ATR (tWATR)||0.7686||1.3354||0.7265|
|Bottom Weekly ATR (bWATR)||0.7532||1.3128||0.7097|
|Other significant levels||0.7600, 0.7500||1.3300, 1.3200||0.7200, 0.7100|
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:
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!
See also: Q2 2016 Trading Performance Review
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