Data in focus: - S&P Global Composite PMI (MAY) at 9:45 - Services PMI at 9:45 - Factory Orders at 10:00 - ISM Non-Manufacturing PMI at 10:00
Trade Ideas:
1. Pullback Buys: 1H BOS Retest (1945) - WAIT for 1H HH close above 1945 - CONFIRM USD weakness after weak PMI data - Rejections from 4H Demand zone
2. Sells: 4H BOS Retest (1956) - Fresh 4H Lower Low, BOS - Rejection from HTF Supply zone - Bearish Gold, Bullish USD sentiment carry over from Friday NFP -Clean Range to to retest lows
3. High Risk, High Reward Buy: W BOS Retest (1927) - First Retest of major HTF BOS - Potential liquidity grab below last week's lows