Dollar is at its very high, RSI over bought and already RSI broke trendline.
We should see a drop, very soon and it may be massive.
We should see a drop, very soon and it may be massive.
Trade active:
We can see signs of bearish momentum, if red candle closes below green one, this is the signal for entering short.
Comment:
looks like one more wave up is forming. I will not try to predict when dollar is going to reverse, until it shows itself.
Trade closed: stop reached:
it is not a wave 4 as price went deep into wave 1 price teritory. Will make alternate count later on