- Price action has broken zone by 30 pips, therefore looking at Break & Retest.
- W has formed on 4hr / 1 hr / 15m TF
- DXY spiked up on 01/05/2019 at4pm and tested this new high numerous times but has been getting exhausted. Looking at the market neutralising by coming down for its next move.
USOIL (4hr TF) - price reached resistance zone.
USOIL (15m TF) - M formed and I tried to catch the second leg down.
USDCAD - As this pair oppositely correlates with USOIL, I traded it in the opposite direction.