Hi traders: Similar opportunities on most of the USD pairs. We see price action has been in this larger structure since the up move, and now has show signs of reversal structures. Price has been correctively moving up in this ascending channel, and hit the top of the structure. We see a quick lower time frame move down, and a small correction in the...
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links) Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days. Expected price target for this play is 130.90