Fawad-Razaqzada

Fawad-Razaqzada

We may get a bounce at rounded re-test of old broken resistance

Fawad-Razaqzada

Above previous highs, path of least resistance to upside remains intact, dip buyers still in control...

Fawad-Razaqzada

Just need a decisive break above last swing high then off to the races probably

Fawad-Razaqzada

...at $3000; needs to climb above the broken support level to confirm reversal now..

Fawad-Razaqzada

...it gets back above the broken support - we could see a resumption of the long term rally like the previous case

Fawad-Razaqzada

DXY hammer candle after brief dip below 2016 low could be a bear trap and thus a reversal pattern. But we need break in market structure to confirm bullish reversal.