I bellieve there is a new downtrend already set and now seems like the right time to enter. The cloud together with the pitchfork show consistent resistance on the move up. I also think this move is related with DXY reaching a bottom soon.
A similar feature can be observed in gold.
Trade safe,
good luck
A similar feature can be observed in gold.
Trade safe,
good luck
Note
Released data seems to confirm.Trade closed manually
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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.