There is a war going on that may help the USD. The trend it down. Keep this in mind. PA is not bullish. This seems to be consensus.
Friday markets knew about the war. But Friday pa had the chance to take 0484. PA did not. Monday PA will have a shot at last week's low 0495x. If it does not Monday. 1 adr is about 71 pips. Using 0494+47 can bring pa to 0566 Monday. If the same 0495 held the week, a week average is 159 pips. 0495+159 is 065x ish. I used 0495 if next weeks low is higher that can be added. 0495 is near many brokers Friday close. 10/12 pips depending on broker. On open that distance may be the risk. 0495/open distance. It's just 10 to 12 pips. Onca again the trend is down. After last Friday with knowledge of the Israel situation the USD rose. But pa did not make a LL. PA did not take out the prior week's low. In fact the week's pa did not reach its average 159 pips. I do know the 04xx low had a tech reason to bounce. The bounce with the identical reason at 09xx, was the 2022 low to 2023 high distance. Both tech reasons happened the same day 1 year apart. This current bounce has been less than 200 pips. So if pa runs up, away from 0495 Monday. That may be a clue. I would not leave a long trade open, with a war and this weekend's unmown. On the open The risk may be worth it. The numbers here are provable. Next week adr and other average ranges may be less or more. It all a unknown. What is known is known. PA did not make the week average range. PA did not take 0484. PA did not get close to 0448 low (prior week low). So lets see what pa does Monday. 0495 on close is less than 12 pips. If on open its rising. That may mean it dont want to fall. That is opposite on consensus.
Friday markets knew about the war. But Friday pa had the chance to take 0484. PA did not. Monday PA will have a shot at last week's low 0495x. If it does not Monday. 1 adr is about 71 pips. Using 0494+47 can bring pa to 0566 Monday. If the same 0495 held the week, a week average is 159 pips. 0495+159 is 065x ish. I used 0495 if next weeks low is higher that can be added. 0495 is near many brokers Friday close. 10/12 pips depending on broker. On open that distance may be the risk. 0495/open distance. It's just 10 to 12 pips. Onca again the trend is down. After last Friday with knowledge of the Israel situation the USD rose. But pa did not make a LL. PA did not take out the prior week's low. In fact the week's pa did not reach its average 159 pips. I do know the 04xx low had a tech reason to bounce. The bounce with the identical reason at 09xx, was the 2022 low to 2023 high distance. Both tech reasons happened the same day 1 year apart. This current bounce has been less than 200 pips. So if pa runs up, away from 0495 Monday. That may be a clue. I would not leave a long trade open, with a war and this weekend's unmown. On the open The risk may be worth it. The numbers here are provable. Next week adr and other average ranges may be less or more. It all a unknown. What is known is known. PA did not make the week average range. PA did not take 0484. PA did not get close to 0448 low (prior week low). So lets see what pa does Monday. 0495 on close is less than 12 pips. If on open its rising. That may mean it dont want to fall. That is opposite on consensus.
those who can, do. those who cant, talk about those who can
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