In case you are wondering how dxy is doing, here is my view and how im looking at it. Trade with care
Lets try this again. Prior to Gold consolidation. Now could be a good time to enter prior to Dxy strength alignment.
Update on Audusd enter again and move first entry to breakeven.
Here is basically what i see, and what happened to our trade.
Got stopped out of my first initial position by the stop hunt. Trade with care.
Been waiting for this retest for the flush. Trade with care
Here is an idea on usdchf potential to move higher after that reversal. Keep it simple, breakout, retest and push.
We have seen a breakout of the corrective channel. Expecting to move in zones to our target. Hope you got in with us
This is my target in term of the daily chart
Gold has broken out of the trendline looking for sell positions only from here. Got a nice retest of the trendline as well. Let see how it goes
Here is my view on dxy, If you switch time frames to the H4 you can see quite a clear bounce inside the lower broken trendline.(Which i classified as a false breakout)
Please kindly look at the related link in order to have a clear idea
Waiting for a final touch of that tredline. Then we enter
Only enter once the retest candle closes below the broken trendline.
Seeing a perfect opportunity technically, however crypto fundamentals are way crazier than the president. Trade with caution.
Im seeing quite a good long term trade here. Alternatively wait for price to actually break the new bullihflag or channel. (This would be the safest approach. Considering as well the Aud retail sales release 3am gmt+2.) However entering now would slightly lessen the risk ratio. Close once the upper trendline is broken, Rembere trendlines are also support and reistance.
We got a break and rejection on the daily, Only enter the trade if tthe daily candlestick closes above the trendline