Price has bounced off the ascending trendline (daily chart to see this)
It has also broke out of the bearish trend line, creating a new higher high, I am now waiting for price to correct itself towards the zone, this lines perfect with 50/61 fib, enter on break of correction on smaller trend frame.
Will also see how dxy reacts
It has also broke out of the bearish trend line, creating a new higher high, I am now waiting for price to correct itself towards the zone, this lines perfect with 50/61 fib, enter on break of correction on smaller trend frame.
Will also see how dxy reacts
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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.