Make up your own mind and go with it. The breakdown was decisive but decisive breakdowns usually keep on going. The move up is now right at the breakdown point. A firm close above this area will have me going long on Monday with a tight stop. However a breakdown from here will have me doing the opposite
Comments on the chart
Juat check out the support area on the chart. Latest candle is a hammer off support
Comments on the chart. I have a running long term short in the $ (weekly TF) which looks like its doing a retest of the breakdown wedge. We'll see. This one is an intraday trade idea
Comments on the chart. I will be holding out a bit to ensure that the c wave is complete.
Comments on the chart. The $ has had a good upmove recently. Of course it could keep on going upwards so dont take an opposing trade until your favorite reversal pattern has triggered
This just showing the monthly timeframe to support the weekly short idea already published. We are at an important junction
Comments and thoughts on the chart. Despite all the tos and fros about interest rates in the US the markets are looking for a cut
Just another angle to the $ index idea I already put up