H4 We have 5 waves down with bullish divergence and price bouncing off the 200fib extension in wave Z. Look for your buy setups 1st targeting the 50fib retracement,
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I never got an entry but if you did the low has been broken so you should be out of the trade. H1 were getting more divergence and were now in a channel, I am expecting upside but now we will need breakout of channel before looking for a setup.
@Just7ce, Nice, what make you want to short after the buy?
Just7ce
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@Boon2, I Personally think this is just for a retest of the highlighted area before more downside, I think DXY will remain strong throughout the year, let's wait and see though
Boon2
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@Just7ce, O ok yep. Do you have the same analysis on the W1?
Just7ce
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@Boon2, Yes, but for the moment I will remain skeptical lol until other wise
Boon2
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@Just7ce, Hmmmmm there the same trades just different timeframes