We broke the top of the range on the third time of asking
Flipped and retested properly the 1.618 of downtrend which was the least risk entry signal
Most breakouts have been riding to the 2.0 of their range/shape so I'm looking to hold most my long till then
2.0 of breakout from is $53200 and 2.0 of breakout from downtrend correction is $53600
This will form the next major resistance and an ideal profit taking spot, hopefully we get there!
Flipped and retested properly the 1.618 of downtrend which was the least risk entry signal
Most breakouts have been riding to the 2.0 of their range/shape so I'm looking to hold most my long till then
2.0 of breakout from is $53200 and 2.0 of breakout from downtrend correction is $53600
This will form the next major resistance and an ideal profit taking spot, hopefully we get there!
Comment:
DXY is in a pretty strong uptrend which is werid as they dont usually move upwards together and the DXY chart makes it look like its uptrend could continue for a week or two. Lets see how they pan out side by side...