As you can see we have a bullish flag formation forming, I think price will continue and then break the daily S/R.
Good hopes for the dollar in the next coming months!
Here we have a lovely falling wedge formation, I except to see a break of the upper resistance and a push to 1.19750.
I have patiently waited for price to break and retest before entering.
As you can see we have already had a break and retest which resulted in a fake out however this time I have waited for price to close above the 50 EMA on H4 for more...
As you can see we have a small downtrend formed.
We also see price stalling at the .38 fib, price has clearly respected this level as it has been bounced off a few time.
I will now be waiting for price to break the 50 EMA on H1 for an entry.
Simple trade, hopefully some simple money :)
