When we look at the chart we can see that the price has broken a falling wedge. We are now waiting for the price to go and retest the wedge. Once we get back to the wedge we could consider to go long.
If we look at DXY we can see that the price is below a small time support level so if the price stays below that level we could go long before the retest because it can be that the price isn't going to retest the wedge after that because the weak Dollar will push the price higher.
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If we look at DXY we can see that the price is below a small time support level so if the price stays below that level we could go long before the retest because it can be that the price isn't going to retest the wedge after that because the weak Dollar will push the price higher.
Please let me know in the comments what you think of it.
If you like the idea don't forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.