British Pound can do some retracements to supply levels and make new lows; there is a chance to make a Wyckoff accumulation pattern in lower timeframes.
DXY is also can push a huge supply area to higher levels in order to increasing FED interest rate.
DXY is also can push a huge supply area to higher levels in order to increasing FED interest rate.
- 2 short possible position are visible on my chart, if any type of demand base was created in the near of supply zone, stop shorting and wait!
- You can choose 88.6 level for entry in higher short position.
Trade closed: target reached:
First Trade was stopped out, nut the second one and bigger one nailed it! Have fun with trading.