Hello fellow traders. It’s been a while that I haven’t posted an idea. Well as I was analyzing the charts. I decided to look at the 3 month and 6 month timeframes for USD. On the 3 month Tf. I noticed a dark cloud from the previous candle. And on the 6 month I saw a grave stone doji with a very strong bearish momentum wick. Also price rejected around the 103 area white trend line. As of right now price is gonna drop down to 71 to create a possible double bottom. If that’s the case be prepared to place buy orders to swing it to the moon. For now I am shorting usd.
I’ve made a error on my eu short idea from my previous post. But I now know where price is heading next. Please click the thumbs up button. Also follow me to stay up to date on further ideas. Let me know in the comment section what pair do you want me to do next?
I’ve made a error on my eu short idea from my previous post. But I now know where price is heading next. Please click the thumbs up button. Also follow me to stay up to date on further ideas. Let me know in the comment section what pair do you want me to do next?