Relief Rally ↗️ with Inflation Data as Catalyst

💡This is a trade Idea inspired by this past week's bullish pin bar candle closure. The NFP and Inflation data catlyst for a higher timeframe pullback also supports this. Expected reduction in inflation from 3.7% Yoy to 3.6% Yoy during this week's news release also supports this. Two weekly candles holding/closing above 1.054-1.057 supports this. Flipping to Bullish Market structure on the Daily timeframe supports this. We have many confluences and you see the point.

Kommentar:

Retail Sales Data Price Action Breakdown Buy opportunities
on 10/17/23

Trade geschlossen: Ziel wurde erreicht:

We are nearing our take profit level at 1.069 and anticpate it to be touched in the next Asian or London Sessions

Trade geschlossen: Ziel wurde erreicht

Trade geschlossen: Ziel wurde erreicht

Trade geschlossen: Ziel wurde erreicht