Massive Correction coming in the financial markets!!

DXY
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

SMP Strategy

Market Direction: Long Position

Chart time frame - MONTHLY
Timeframe - 4-5 Months

You will see a very strong USD move to the north which will drive down commodity levels, Metals and the crypto market. This may last for 4-5 months so hold on!!
Plenty of opportunities in the second half of the year!

A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 110.00
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ 92.8
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 110.00
Target 2 @ ....

Risk/Reward @ 1.4

Happy trading :)


Follow your Trading plan, Remain disciplined and Keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!