OPTION 2: Delipidated ABC a correction then Turn...
If the dollar is going to come down... then This should be going up.
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Hmmm.... Day 2... Looks like option 2 miiiiigggggghhhhtttt be the winner. Lets adjust accordingly and carry our trades as if it were.
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Might be breaking out earlier than expected...hmmm....
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Dilapidated ABC = A running flat. Sorry for the made up terminologies.
Good news is... this seems to be the play! Looks like will be looking for a place to go long.
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I wish we could update these images after the initial posting.
We just broken through the upper triangle. Price is currently retesting, so I am looking for a long signal.
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The level of support and resistance is proving to be more difficult that previously anticipated. Not only its it holding price from going down. but from going up as well. Price is really struggling at the 1.40230 area. WATCHING.
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Price dip down... gave the illusion of a sell. But look at those candles at the move recent low.... Looks like a buy opportunity for atleast 50pips.
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Surprise surprise surprise... OPTION 1 seemed to have been the one to work out. SMH. Wow... can't believe it.... Lost some coin on this one.