Wait for it break the trend line, then may continue short.
Please becareful during this area is very volatile due to this area is the up trend zone, price may need stronger bear to push down the price.
MACD show it down sign again, is time to sell EJ next week.
i set the 1st TP point at the day small support structure circle in red.
price may have opportunity to reverse shoot to up grab some liquidity before drop.
EA may continue grow due to 6th touch break out
/ FAKE BREAK OUT
we see on AXY, index keep dropping, i will long for this pair next week.
other scenario will be. price back to the support and FRIDAY PRICE is a fake Break out.
how do you think?
Price unable break previous high and keep decline.
i assume price will continue drop and grab the buyer.
we seeon DXY, DXY is still continue growing and EXY is dropping.
play safe, market is very volatile
GOLD - Over extended and time for correction.
1950 resistant created, will look for the Short setuo once 1925 structure break.
My advise is, wait for day TF close below 1925 only short.
H4, H1 is only creating long whicked.
Safe Trade Guys!