Price broke out pf Contraction Phase
Price is done with expansion Phase
Were now entering Retracement
Price is still under Equilibrium which is a good area for buys
Price failed to go lower on the Daily timeframe
DXY Is Bearish
Old resistance becomes support and from the candlesticks fiber is strong enough to break.
Best Buy
@1.13520
Decent Buy
@1.13660
SL
@1.1320
TP
@1.14380
Price is done with expansion Phase
Were now entering Retracement
Price is still under Equilibrium which is a good area for buys
Price failed to go lower on the Daily timeframe
DXY Is Bearish
Old resistance becomes support and from the candlesticks fiber is strong enough to break.
Best Buy
@1.13520
Decent Buy
@1.13660
SL
@1.1320
TP
@1.14380
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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.