price has broken our ascending channel to the down side and it is currently testing our trendline at 0.5 Fib level, we also have the AB=CD pattern in game which is corresponding to our support level. I'm waiting for a bearish pressure to step into the market for me to enter on that note.
please like if you agree with me
I'm not looking for buys because buyers were not strong enough to break above resistance level despite having an ascending triangle until we break above that I'm bearish on this pair, I'm waiting for a clear break of trendline and support level and get a pullback once price reaches 1.32000 and ride it down to my weekly trendline (one the weekly price has pulled...
I'm waiting for a break and retest to give us a higher low and enter on that.
my sentiment on DXY has changed.
please like if you think it's a good idea.
price is now at the 0.5 Fib level, let's see if we can get a bullish engulfing pattern to end this week,
I will be opening a buy position on this pair in the future provided DXY trends bullish. Let's see what the market gives us
like if you think this is a good idea. thanks
