Looks like the dollar is filling GAPs as the chart shows. Last 2 are at 102.826 and 101.601.
Follow Fibs for areas of reaction where we may get a correction.(yes fibs go beyond 1.618)
Look for the correction very soon, if we have one, to go as high as 105.5-ish. It should NOT correct higher than that if we are going much lower...according to Elliott Wave I'm assuming we are in the 3rd wave.
Watch for the trend(price) to move toward the blue line as an area/direction while it's correcting.
Follow Fibs for areas of reaction where we may get a correction.(yes fibs go beyond 1.618)
Look for the correction very soon, if we have one, to go as high as 105.5-ish. It should NOT correct higher than that if we are going much lower...according to Elliott Wave I'm assuming we are in the 3rd wave.
Watch for the trend(price) to move toward the blue line as an area/direction while it's correcting.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.