*** This is another continuation post (v4) from the previous version, as per my posting methodology where I like to link the trading story where its applicable *** Link supplied below:
MY THOUGHTS: ========================================== > Price drops below support > Price tests support as resistance and gets rejected, hence more downward pressure, as per indicators suggest. > Price will find support at the next fib level and try testing the previous resistance and fail;
Hence the next level of strong support, double bottom
Please give me a like or tick for this post.
Regards, S.SAri
Macro view
Comment
⋅
a bit of a double bottom on the indicator, DXY up today.
Comment
⋅
A.chart update... in sync with the forecast so far.