Hey tradomaniacs,
with the current risk-on-mood in the stockmarket we could see a continuation of the current breakout.
Looking at the structure we can see a breakout of the previous Trendchannel -> Price is currently retesting this area and might pump soon if risk-on continues.
Technically a good chance to catch the move.
In terms of correlations we see that DXY does what I have expected.
Check this post:
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
with the current risk-on-mood in the stockmarket we could see a continuation of the current breakout.
Looking at the structure we can see a breakout of the previous Trendchannel -> Price is currently retesting this area and might pump soon if risk-on continues.
Technically a good chance to catch the move.
In terms of correlations we see that DXY does what I have expected.
Check this post:
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)