In this week im expecting to sees me dollar bulls, they suffered just too damn much for Trump or Yellen to look the other way, also DXY just printed the third bounce on the weekly timeframe
Testing the highs of the cable, a bit of rejection at this point in the pat plus signs of exhaustion on the candles
Testing the higher high from two weeks ago, added another position to this one
This is very fundamental but it looks like we have a valid sell opportunity
rejection to higher prices, will try to reach the monthly DZ
Bounce of the DZ lets ride it to the Monthly DZ using the profit target areas
Testing the previous DZ near the treandline, made its higher high, looking to profit front the higher low
Head and Shoulds on the 2 hour chart plus the price rejecting higher highs near the monthly Resistance
Good risk to reward opportunity, price failed to pierce thru the PRZ, a little confluence zone but expecting for the price to push thru it one again
It seems that we are finding rejection to continue upwards, this might be the very beginning of wave A, even with the NZD news the price failed to move upwards, a good risk to reward ration on this one
This one has a nice risk to reward ratio where we could have at least 150 pips profit, waiting for signs of reversal or continuation, at a crucial point right now
It look like we got an ABC pattern, a bit late since I normally don't work with weekly charts however im gonna take it
This one seems to be a valid wave however the FOMC might change it and make it invalid, putting this out here for anyone who wanna take it
At this point it seems to be a correction phase starting on Aussie going to the 76.8% of 4 maybe its a bit deep as it normally would go to 61.8% but lets see how it goes
Retesting weekly resistance for the third time, even with the news it did not pierce thru it so im selling it right now to the 76% fib level on the weekly
Getting the last part of the wave 4 to 5 lets see how it goes