1. Broke first weekly resistance zone
2. Strong move up to another weekly zone
3. Consolidation and downside move
4. Expecting continue downside move to first weekly zone, maybe move to 31,8 fib
5. Waiting for price action confirmation and take a long
We have to see price action confirmation first, than take a long position.
In case we will have strong short move, we wait for retest and go short. But for now we see strong USD, we renewed hights, so I'm looking for long.
2. Strong move up to another weekly zone
3. Consolidation and downside move
4. Expecting continue downside move to first weekly zone, maybe move to 31,8 fib
5. Waiting for price action confirmation and take a long
We have to see price action confirmation first, than take a long position.
In case we will have strong short move, we wait for retest and go short. But for now we see strong USD, we renewed hights, so I'm looking for long.
Comment:
We can drop to 50 fib, than will watch long