Limit - 1221.00 SL - 1227.00 TP 1 - 1213.75 TP 2 - 1207.00 TP 3 - 1200.00 TP 4 - 1180.00
Market Execution TP 1 - 128.00 TP 2 - 127.65 TP 3 - 127.25 SL 128.85
Break of Bearish Trend Quarter Theory in play 50FIB in play Support of 50EMA Above 50%RSI
Possible Bearish Flag on the Dollar. Look for solid break of levels at the beginning of the week.
Price currently is making higher high's and higher low's (Shown in gray boxes) Resistance of .250 (Green line) leads to .250 This would complete to 50 Fib level -&- Price has respected .382 Fib level Price could be supported by Stronger Weekly Quarter level of .7250 and continue Bullish Neutral until confirmations of Weekly .7250 Quarter Level
On the Daily, we see a H&S formation. Our Monthly Quarterly Level (1000) leads to monthly (500)
in the Second Leg of Market Maker Consolidation Major Psychological Level being respected 786 Fib level in confluence Always down for some comments!!!
15m TF Market Maker complete Corrective Wave Complete Engulfing Candle 50% FIB 38.2 FIB RSI Oversold Wait for pull back or retest for entry! -Disclaimer - just an opinion, not meant for actual trade calls. just bias!
We see an hourly engulfing candle. Possible price reversal for 50 pip trade. RSI bullish momentum.
Who wants to go long? After fundamentals brought strength to USD yesterday, Possible reversal happening now.