dxy potential long if breaks an ritest rising trendline , or ...
OPTION 1
it could even reverse on the trendline , i should wait to see where it close this week and eventually if it reverse monday , last short was nice and clean in the 4 wave .
OPTION 2
we have a broken rsi , so long side signal , now we are gonna to close near the trendline which is a rising resistance level , if breaks that trendline, ritest the trendline with a small retracement it should keep the trend on long side
if the wave count it's correct after this uptrend , we should expect a correction abc and . Everything on chart!
it could even reverse on the trendline , i should wait to see where it close this week and eventually if it reverse monday , last short was nice and clean in the 4 wave .
OPTION 2
we have a broken rsi , so long side signal , now we are gonna to close near the trendline which is a rising resistance level , if breaks that trendline, ritest the trendline with a small retracement it should keep the trend on long side
if the wave count it's correct after this uptrend , we should expect a correction abc and . Everything on chart!
Trade active:
Trade closed: stop reached:
well , i preffered to close the trade i will open again if it's the case it was a bit early but i tried to get long
Comment:
so the market has chosen th short way this uptrend should give up soon , wednesday fed shoudl cut rates ... short. New higher high on the stock market. Gold should get up too
Comment:
fed cuts rates => dxy get down.