possible upper development of the dollar index for tomorrow intraday trading. We have to assess the strenght of the breakout to take into account long position 👋🏻
Take a look at the eur/pln to see a possible bullish pennant in consolidation, our strategy will consist in waiting the pullback before to place our long entry (also 4h chart relevant) .
Pay particular attention to possible different developments of the price action because of this technical figure might turns out to be a descendant triangle, for this reason will...
Probable bullish flag on usd/czk daily chart.
For now we have low volumes during this figure completing.
We are waiting for a strong upward break out of the price.
we are currently waiting for the break out of the 18,9100 resistance level.
After that the optimal operation will concern waiting for the pull back movement, the price should come back and re-test the previous resistance level.
One time that is verified, we will attack the (daily) target level of 19,3207.