Today, I'm sharing about my view that the USD rebound will continue.
USDCHF is a good way to play the strength, with my eventual targets for the rebound to end either at the around 0.94 or the pattern around 0.9520-0.9530.
This likely means we haven't seen the last of the stock market correction with DXY looking to establish higher levels in the coming days.
Therefore my conclusion for this week is to short XXX/USD on rebound or to long usd/XXX on pullback to support.
Good luck and good trading my friends!
But if you see the weekly chart, there's a Shark pattern recently completed so I think there's great possibility of invalidating of this pattern.
I'm personnaly long more than two weeks and this is the position I'm tracking:
You are good at harmonics I think, but using intraday TF usually limits the winning rate imo.