USDOLLAR is approaching a significant structure level which can also be the neckline for the bigger timeframe head and shoulder pattern, which is typically a reversal pattern.
Waiting for bullish price action at the neckline to then create the right shoulder. We can potentially take advantage of the bullish short term move by selling some XXXUSD pairs such as EURUSD and GBPUSD.
Goodluck and trade safe!
Waiting for bullish price action at the neckline to then create the right shoulder. We can potentially take advantage of the bullish short term move by selling some XXXUSD pairs such as EURUSD and GBPUSD.
Goodluck and trade safe!
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