Ucad is bottomed out on 4 hr, You see the fork, equal length and diagonal pattern it is in. This diagonal can extend down one more but I don't think it will. I would trade the break out to trend line and leave some to ride just in case tomorrow USD news drivers push it up....
Comment:
The did possibly trap buys and may come one more down to 1.236 so I would execute by buy stop order
Comment:
Didn't quite reach my ray line but if did take this hopefully you secured or took the pips. Dollar still week obviously. not interested in buying USD until it confirms, but this was just a scalp.