PRICE REJECTION FROM DEMAND ZONE AND .382 FIB LEVEL. THERE IS DIVERGENCE ON LOWER TIME FRAMES SO I WENT LONG.
Theres a .618 retracement visible, price at a demand zone, and divergence on H1 and below. Price is also respecting/bouncing off the Daily TL as support! Taking this up near the 1.49275 point.
PRICE IN A SUPPLY ZONE. DIVERGENCE ON THE H1. DXY CORRELATION. 61.8 RETRACE. DOUBLE TOP.
Supply zone, divergence on Cci, B&C below CTL, 3 touches to the Daily TL
Touch to the Weekly ascending TL, price rejection in power zone, and DXY index. Expecting price to stutter and terminate at 0.97840
Bounce off the Weekly ascending TL, B&C above the 4H TL.
B&C below the 4H TL, retest to the high and power zone, and fail to close above it.
Respect to Daily TL, price rejection away from power zone. - expecting B&C below CTL.