forming bearish divergence later, there is a resistance at 1747 with top suspected at 1751 would ideally drop to 1718
it still bullish short term, but it would drop later and fill the gap 7800
monitoring 98-99 swing WITH BEST AREA REJECTION 98.7 (should go down under 98 until mid June)
must break down 1692,1682 and 1672 to invalid the bullish divergence MINIMUM TARGET 1762 for bull minimum target for bear under 1672
if 1710 not strong enough, and break down 1704 it can retest 1698, then rejected at 1622 so there is 2 plan for next week, 1. retest 1710 2. retest 1698
patience for now it hit a strong resistance on 4h, need to wait and see if it would form bearish candle on4h for now... if troll like usual it would close Friday with sudden spike down (always like to troll whoever not close trade on Friday) and see 1718 as ideal place for bounce up later
nice and clean fib EURUSD would go strong here since they need it to form bearish divergence later on JUNE the prolonged battle here would create a bullish trend in very long term AND DXY WON'T be happy about it LOL
it depends on 1710 retest now and from my POV it will go above 1741 for sure, maybe 1752 -1762 going above 1764 would be a miracle, no shit we will see the indicator later when gold break out 1764
carefull with ABC up correction before down again watch 1H time frame to see bullish signal for ABC
monitoring correction up first 5 wave down = bearish trend down
must monitoring break down of DXY and CAREFULL WITH VOLATILITY OF FOREX
WARNING MONITORING DXY BREAK DOWN OR NOT DXY BOUNCE UP = RISK GOLD DOWN
it's sideway without crucial signal on 4H better stay away not trading EURUSD this week
it's too early to call EURUSD bullish trend... the manipulation of DXY even affected EURUSD Let's just call DYX struggling for last time there is a bullish divergence on weekly and daily with target minimum above 1.15268 (fib 1.728) but must confirm break out of 1.103 first as bullish signal since May failed to break it 2 times now under 1.103 just call it...
too lazy for deep analysis DXY keep F-ing with forex and gold
if mirroring the box would work, then we would see a triangle pattern note: the problem is, what happens after hit 183x area? bullish? not bullish? important note: 1735 -1742 should break out by bull if want to continue the bullish trend also normal to see rejection from 1735 area
too lazy for analysis, use box, copy paste, and voyla done!