DXY could be setting out a Breakut failure of the last bottom (Green Line)
In a shrinking stairacase pattern. If H4 closes in a strong bull bar.
However I dont like:
1 the last BO being 47p vs 46p on the second last.This is not normal.
2 recently several bear bars having gap closes.
3 This is the 1st bull bar in 6 bars.
However If it works it could test the close of 6
In a shrinking stairacase pattern. If H4 closes in a strong bull bar.
However I dont like:
1 the last BO being 47p vs 46p on the second last.This is not normal.
2 recently several bear bars having gap closes.
3 This is the 1st bull bar in 6 bars.
However If it works it could test the close of 6
Trade closed: target reached