green rectangle as entry area.
Everything on the chart.
The Gold shows reversal signals.
The 1327$ level could be, once again, a powerful barrier (in the short term).
The strength/pressure of the buyers is too high actually, so I expect a pullback on the trend line.
At that point, I'll set a buy order as presented on the chart.
I'll try to enter in position by setting a sell order some pips above the actual price level.
TP is positioned in a strong supportive area, which can be identified by the SMMA (50+200).
R/R (adjusted) 1.6
R/R adjusted 1.3
The level 76.3 is also significative.
This pattern could offer a good opportunity.
R/R adjusted > 1.8.
Updates will follow the post
R/R adjusted= 1.4
updates with entry level will follow the post
New updates will follow the post.
I will set orders checking the sentiment trading.
Shorting the cross after the breakout of the dynamic support.
R/R still to determine.
The R/R on the chart is just a forecast.
The rectangle represents the area where I will short the USD.
The third element as support of the idea: "sentiment trading".
R/R adjusted on different levels of TP
At TP1 I will move the stop at breakeven.
At TP2 I will move the stop even more in profit.
Updates will follow the post.
+ sentiment trading application.
Take profit levels are set as in the picture.
The order is already gone.