We going up baby... After a big downward push from EU we are now ready to go back up to get fuel (supply) to continue our LONGER term move to the downside BUT for now we are for sure moving up I am targeting 1.15600 for a 22:1 RR :) Any questions add my snapchat - xcurrencee I will be giving out free education content on that and will explain any concepts in...
The dollar has been in an uptrend since the start of the year... the time has come for the reversal! Price has been mitigating while moving in its uptrend taking out zones of demand, this is an indication that price will move smoothly downwards past those levels due to no demand in that area. We broke above a major structural high last seen in September 2020....
This is an institutional analysis of the charts, the trendline I have drawn on the chart is to show that liquidity rests in that zone due to retails investors using trendline and of course smart money will mitigate those zones. I expect price to bounce off our order block/demand zone and move up to a lower high, price has left imbalances to the upside especially...