Clearly I'm neutral on this one, but will only go long once 1980 level is broken. Two probable scenarios given
Bearish Flag pattern identified, major monthly key level(Res) also approaching
Currently on the Bullish Flag, DXY on a sell and the ***USD pairs on a buy. I actually use this to analyze direction of other USD pairs
Bullish flag identified on the Daily TF, start buying between 61 and 78 Fib levels
Bearish reversal on the key level of 1.46350 noted
As we continue with the basics(market structure, candlestick pattern, trendlines)can't be easier than that. All above lead to a sell-off
Symmetrical triangle pattern identified on AudNzd for the new week ahead. Monitor all Fib levels as in analysis before entries. Short only if 78.6Fib level is rejected
Hello fellow traders, as per my current analysis, we were looking for buy setups around the 1.0 round number and demand zone as it happened previously. Now I'm looking for a Double bottom before going for Full swing Buy