DXY give the assumption that the dollar will be weak So I've marked up AU with that same bias
FEEDBACK WELCOMED Getting back to the charts after some much-needed alignment. I believe for the majority of the week, DXY will be bearish based on my daily mark up. (Don't marry the pattern, I won't lol
I see a triple bottom on a significant zone but hasn't closed past 1.27700 in the consolidation phase, I can ultimately see a pushdown.
If we are able to pass this small 4hr resistance, then I will look for a short wave to the next level.
Looking for it to push through the next level and retest before continuing down.
I see the Dollar index continuing its bullish move upwards, it already retested the 94.00 zones (but you know price can come back to test it out before continuing). I'll wait until after Monday for an update.
I have two possible outcomes based on movement around the 0.7000 level. If it holds and rejects then we will position up. If it melts through then we will wait for a 1hr or 4hr retracement and catch some pips down to the next zone.
I already had this chart marked up and am currently in a trade on AU. Looking for a pullback to some fib levels for re-entry before taking off to at least 0.75000 level
Already in a risk-free short looking for a potential position stack, we will see what happens
Looking for a price action reversal before entering in but It starting making HLs after hitting the 1.28000 level signaling a potential reversal. We will see how it plays out
EU is Bullish that's obvious. looking for a retracement based on some fibs levels off of the 4hr chart. If it gives me the price action I need I will enter.