D: Uptrend, retraced 50% and hit -61.8
4: Uptrend, retraced 61.8% and hit -61.8
1H: Uptrend, Retraced 61.8%, and found RESISTANCE at Weekly key level, @ -27
+ BEARISH divergence
CURRENTLY: I'm looking for price to consolidate and go long a little more to break and retest 1H trendline and touch -27 on 1H FIB before reversing short.
I'm really looking for a sell, seeing if price will short to previous resistance
90 - 200 pips
DXY looks to have found resistance on the Daily and 4H, with bullish divergence . This indicates USD may be getting strong and ready to reverse to go long for a bull run. I'll be looking for sells on EU and maybe GU.
4: Uptrend, retraced 61.8% and hit -61.8
1H: Uptrend, Retraced 61.8%, and found RESISTANCE at Weekly key level, @ -27
+ BEARISH divergence
CURRENTLY: I'm looking for price to consolidate and go long a little more to break and retest 1H trendline and touch -27 on 1H FIB before reversing short.
I'm really looking for a sell, seeing if price will short to previous resistance
90 - 200 pips
DXY looks to have found resistance on the Daily and 4H, with bullish divergence . This indicates USD may be getting strong and ready to reverse to go long for a bull run. I'll be looking for sells on EU and maybe GU.
Trade closed manually:
Decided to exit this trade when it went short to retest the 4H trendline. I may re-enter for a sell if it goes back up to retest the 1hr trendline or retest resistance.