Want price to hit my target at 12350.96
The US Dollar has been moving sideways ever since the end of summer. Price has return to an area of previous structure support (almost touching the ascending trend line. Price can either break out of that small zone and descending trend line and see rejection from that major key level of 93.10 or break above the key level for bullish sentiment.
NOW CURRENTLY DOUBLE TOP FORMATION ITS MEAN PRICE WAY BACK DOWN ALSO 50% FIB LEVEL DOWN TREND
This set up was given last week, +500 pips currently running. SL moved into profit and partial profit have been taken.
now at the time 4 times touched resistance level back to drop
Want price to hit orange support, or even go a few pips beneath it, before coming up to 1hr supply then dropping back down to target 4hr demand at 14.165
Want price to take liquidity to the upside, hit demand then come down to 15min core
I tell ya, I hope this goes up without hitting my sl, its tight.
RESISTANCE BREAK BELOW ALSO 50% FIB NEXT WEEK GOING TO BE MORE DROP EUR
Trade Executed on H1 supply level, swing trade and SL is above previous wick and TP towards bottom zone. Lets see what happens. Please feel free to leave comments. Thanks
Bearish channel/flag moving down towards previous support. Then will look for buys once gone down to lower zone. Please share your thoughts.
DXY IS GOING TO DROP EUR ALSO STRONG ITS MEANS USD MOVE UP SIDE AS WILL AS TECHNICAL RESULT IS EURUSD MOVING UP SIDE DIRECTION