Doing macro TA on this pair... we can see that we are in a downtrend and should move towards the downside in the weeks to come. The harmonic pattern we in should guide us down towards that bottom of the macro wedge. This trade will be a nice longterm setup to add on pullbacks until we reach the bottom. Key is to enter small amounts if we go up in the next few days...
Nice place to short at the moment. See the price movement to come for the next few months. Keep on adding shorts on the pullbacks... and you will smile later on
See my TA on BTC for the next few months. Nice opportunities coming if you trade correctly.
Just beautiful how price is moving since we created the HL in January this year. We should be retracing a bit...giving BTC and Gold and equities a bit of a relief. But make no mistake... pain is coming. A position in a USD long pair should be the trade of 2024 if the DXY continue its uptrend.