On the daily we have good wick support and on the weekly we have a 123 + trend line. Previously price attempted to break 2 but failed to do so. This could be a retracement to build momentum from multiple confluences and strong zones. At the moment we have some range & indecision so watch out for a fake out and maybe a stop hunt. I hope to see price to break the weekly 2 and thus complete the 123 pattern.
Note
Bad news for Usd price will be retracing before lifting back up creating a longer weekly wick thus SL being hit.
Note
created a lower low on the 4hr & 1hr should see some sort of power move back up. Looking to hold for a few weeks.
Note
so far so good NFP pushed up USD as i predicted now patience is in play
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.