I will be looking for a Daily Reversal pattern to form before going long. This market is still incredibly bearish don't mistake a pull back for a reversal pattern. Unless we can get a break and retest on 1.2500 (Previous Weekly Low) instead of going long I'll be looking to go short.
Confluences:
1.258 Double Bottom
1.259 78.6 fib retracement
Weekly Uptrend.
Targets for the Long Setup
1). 1.3000
2). 1.3250
3). 1.3380
Final Target: 1.3360
Confluences:
1.258 Double Bottom
1.259 78.6 fib retracement
Weekly Uptrend.
Targets for the Long Setup
1). 1.3000
2). 1.3250
3). 1.3380
Final Target: 1.3360
Comment:
Could use to help with an entry.
Comment:
My bias is still short, Unless DXY Breaks and Retests the CTL I won't be going Short.
