Like the sells here. Daily res, fin level and also a double top. Neckline identified look for 2nd entry below.
If this doesn’t hold, expect the massive head and shoulders to play out and price to return to 36400
1-15, 1-6, 1-6.
Break and retest closes below 2nd and 3rd entries and discounted retest for the entry.
Initial trade has the 3 confluences for a swing. Fib area, head and shoulders, daily resistance.
Would love another entry on the right inv H&S shoulder where the 61.8 and 800 Ema sit. Would also give a double bottom to the list of confluences as well!
looking buys either way here. Either break of current highs and then pullback before 3rd drive. Or pullback to short term 61.8 and push to try break again.
First bit of real resistance here for EG. Really fancy sells here to be fair. But just not massive RR potential with the support and the 38.2 just below.
Really don’t see DXY below this daily support there’s just far too many reasons for it holding. With that said, could see a couple weeks of consolidation in this box just above. Dollar above 100 is silly. So bit of bouncing makes sense
Approaching the big COVID 61.8 swing. Higher than that it’s triple digits! Can’t see that personally, expect to bounce around under here until NFP on Friday.
Nothing long term to take here on UC but potentially a buy on the shorter term view. Like impulse sells off 1.30 also with the 800daily ema and double top and countless wick rejections if it reaches.