Price has been moving within this ascending channel. We are approaching a key level of resistance which I expect to be broken; however, I will try to react instead of predicting.
Price has also printed a Shark Pattern (Zig Zag Period:10 , Error Rate: 10%) on this key level and had a strong rejection within PRZ.
Fib levels are from the 1-Month TF.
DXY is also currently has strong bearish action with a possible reversal. These upcoming levels will be something to watch.
Price has also printed a Shark Pattern (Zig Zag Period:10 , Error Rate: 10%) on this key level and had a strong rejection within PRZ.
Fib levels are from the 1-Month TF.
DXY is also currently has strong bearish action with a possible reversal. These upcoming levels will be something to watch.
Trade active:
Already entered, however I'll cap current profits and look to enter again around the same area on the retest of the TL. Doing this because my entry was a bit premature and also incase there is a change in sentiment and other factors that affect the market.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
