Hi,
The way i see it i am gold bear wich means jxy -0.21% will drop. However i honestly do NOT like this chart.
I've seen these setups fail a bunch of times.
My advice next days would be to be very cautious.
And track how this binary event and the proxies around it evolve.
Act if you see an opportunity.
Most likely it will crack down. Wich means sell the yen.
DXY Short term contraction with flat intermediate term momentum and a slight shift in short term momentum. Blue momentum shift up while in the contraction pattern presents a high probability scenario of a short term move up. A break out of contraction can give us a nice expansion move..but which way?
JXY Bearish momunetum off a 123 reversal 1st cycle high after a...
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