Cup and Handle next ?
Updated
On my previous analysis i'm breaking down of price action that happened on our Strong Demand Zone.
the result are as we expected.
The price are steadily rising to our next Minor Resistance Zone, and our most likely scenario are the price to get Corrected slightly before continuation to the upside as you can see on the chart ( Green Arrow ).
Based on the pairs, we will be having impulses move to the upside today for USD/XXX pairs, and to the downside for XXX/USD pairs,
so if you are already on a trade, good to you brother.
If you haven't taken any trade yet, the next Correction of DxY will be a good Second Entry.
Stay Safe, Stay Green Brother,
the result are as we expected.
The price are steadily rising to our next Minor Resistance Zone, and our most likely scenario are the price to get Corrected slightly before continuation to the upside as you can see on the chart ( Green Arrow ).
Based on the pairs, we will be having impulses move to the upside today for USD/XXX pairs, and to the downside for XXX/USD pairs,
so if you are already on a trade, good to you brother.
If you haven't taken any trade yet, the next Correction of DxY will be a good Second Entry.
Stay Safe, Stay Green Brother,
Comment
Yeah, the Price hit our Confirmation as i want it to be.GO Long on USD/XXX Pairs, and Go Short on XXX/USD Pairs.
But still take consideration of tomorrow NFP Release
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