looking to sell at the highest point, if price can't break above the structure.
I'm Looking to buy the dip 2 areas to watch, the double bottom reversal last point of support if more up.
Looking for signs of weakness before entry. IPO @ 6.18 Fib zone
Maybe hit the trend line and 1 more dip before upward momentum. I will buy after the pull back to 81.000.
Entry when price returns to the green zone @ 0.71900 TP1 0.81400 TP2 0.94040 TP3 1.06500
Double bottom held so let's see if the upwards momentum continues. If the DXY snaps back, then this will invalidate this idea.
Lets see if that ABCD prints. Looking to sell at the 1.13000 re-test. The DXY will bleed out to 96.00 & the French election buying frenzy should push the EURO price to 1.13000.
The blue metal is once again at the critical level.
Illustration and reference of scale.
Watching for entry in the smaller time frame. After it pulls back to the trend line