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One more time on this with better entry.
Overbought pullback from major level.
Looking to see the low of the day created from here. We need that bottom wick on the Daily.
I had the wrong direction in my last trade. The USD is relentless now. It's not a good idea to bet against it until we see some real downside confirmation in the DXY.
Reversal up to liquidity. Taken on the 5.
One more entry after the pullback. Taken on the 5.
Trying this one more time.
Continuation to liquidity above previous double top. Taken on the 5.
Pullback before move up to liquidity at 1.0837.
Scalp down to 1.3220.
Reversal to next liquidity area.
Continuation to liquidity at 1.3070.
Extremely oversold. Looking for at least a 50% retracement. DXY stretched to 99.00 big level and looks ready to take a breath. This trade is a little preemptive so I'm only putting on half risk and plan to add more after confirmation.
Continuation after pullback into resistance area. Waited for full pullback on the new 4H candle.
If price breaks recent equal lows and the next target is 1.3250.
It may only make it to 0.6720, but that's okay :)
It looks like price may have failed to break the recent high. I'm still looking for the 1.0880 level. We may not get it today. Going in with tiny risk until further confirmation.
Pullback. It could potentially move all the way down to 1.0880, but it looks like this could be a new uptrend overall.