there is very good chance it could go upto 60Fib level, otherwise soon it will give us sell setup at 38fib level...
im expecting one more short move to the up side, after that it will be confirmed either its i going to go down side throw the bottom or down move will be as correction...
Im expecting correction in middle before fall in one hour time frame...
This is good point for entry otherwise breakout will be confirmation
IMO This is good point for take risk... because of RR ratio... But better if wait for confirmation...
Im expecting one more up.. watch for breakout... not earlier
Buy will be very short term, im looking for sell setups...
This time it could go for deeper correction, but at least im sure for this move will be happen.Just watch for breakout...
This is possible direction before next big up move, and this move could be turn any point... so be aware... sell but very short term..
This is risk taking point... if you want more confirmation then you have to wait for breakout...
Im expecting one more move to the down side...
it is making 3or5 wave structure in 3rd wave extension, so down move is very possible. just watch for breakout...
IMO There is still have a chance for one more implus to the up side, what you have to do is watch for breakout and put it to break even if it goes up...
IMO this is good point for take risk...
if this is 3 wave structure i will be looking for sell setup in short time frame...
This will be risk taking entry, but must be after breakout...
watch for breakout, this trade setup have lot of potential.
As we can see there is likely chance DXY can go one more down move but corrective, and this is not good setup for me even i can get 100 pips in this trade, only because of not have a Good risk reward ratio...