May continue downward towards BLUE box. Expect a strong red monthly candle. Then look for PA to buy targeting 167 area.
Reasons to long: - 61.8% retracement - significant structure left - strong bull candle last 2 weeks
Short term trade. Short when TVC:DXY is at 95.00.
Daily: LL, LH 4H: LL, LH 1H: HH,HL (corrective) I would like to short at 105.3 ,105.8 area. Watching PA at those levels
Just broke a very strong support (3 yellow boxes). Short when price pulls back to 82.250 area to target 79.270. Possible a bounce in orange box due to bottom of monthly channel.
Watch for bearish reversal PA!
As usual my rough idea how the market may proceed in the next few months
Pretty much everything is on the chart. Watch PA in yellow box
The price has been in a consolidation after a big down move. I believe this is going to continue downward, breaking through this consolidation range, therefore it is a highly profitable short.