If the target described by the light red ray isn't reached until the close, then we can expect the uptrend to resume tomorrow. Rgmov is showing signs of support at a previous sideways area, which is a good sign in itself, paired with the fact that there is no new 2 month low until now. Entry long would be above the lowest high with a 1 atr stop under the low. Good luck!
As expected, target not reached, bullish bias as the lowest high was breached.
IvanLabrie
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IvanLabrie
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Previous downtrend target reached.
Possible reversal level.
IvanLabrie
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IvanLabrie
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Potential reversal incoming...this should boost gold, crude and *usd pairs.
IvanLabrie
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If price doesn't move with force over 99.46-99.79, we can expect to resume the decline with a stronger and faster fall than the past two.
IvanLabrie
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Decision point, it's possible to see a correction now, and then a strong move above the resistance above.
So far, I mapped every move and level correctly, it's good to see your work paying off, and having these charts serve as a guide for your trading thanks to TV's capabilities.
IvanLabrie
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IvanLabrie
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DXY is a sell now, was perfect right at the open today.
Target 1: retest of 93.39, target 2: 94.44 to 93.55 by April 17th or earlier.