Price is above the major key level on the Daily and 4H TF. On the 4h TF, price closed above previous market structure and resistance (purple box). Price is now testing the new support level. I can expect to see GA go long by next week.
Double Tops formed and tested QKL, but didn't break out. A reversal to the resistance be a good indication for a sell with 50 pips SL and 1:3 risk-reward ratio for TP
DXY is setting up for a bull trend, signalling EU to drop. Price has broken the support now, holding at at 50% fib level. If 4H candle closes below the support a downtrend will ensue. A pullback to 1.18410 at 38.2% fib level would be a good entry for a short.
