double top + retest of neckline + 50% fib. Everything will depend on DXY . Will it reject resistance or continue his bull run? I would prefer the pair to break the ascending daily trendline before I even think about shorting it. If it breaks resistance and retest it, I would look for a buy. Again, Everything will depend on DXY
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Daily chart
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weekly chart
Red line is a strong zone, lets see which way it will go
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break of trendline and orange zone would be a good short signal
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broke counter trend line and kept pushing down. That was an easy entry and trade
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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.