It seems to me that the daily cycle topped in the dollar.
It's printing a bear flag and will break down soon.
I'm waiting for a 6-7 days weak decline here.
Indicators
10 & 20 EMA is crossing over.
MACD- RSI divergencies
Hard to tell where the DCL could be formed though.
It's printing a bear flag and will break down soon.
I'm waiting for a 6-7 days weak decline here.
Indicators
10 & 20 EMA is crossing over.
MACD- RSI divergencies
Hard to tell where the DCL could be formed though.
Comment:
Backtest of the flag?