expecting short setup from top
break above the channel will invalidate the idea
Gaps Chart Example - All Gaps 1.Common Gap 2.Breakaway Gap 3.Continuation or Measuring or Runaway Gap 4.Exhaustion Gap
My overall view on DXY is longer term long but i am expecting short for short term and i will look for buy setup if price hit lows again.
In case price break up the it will invalidate the idea
i am expecting market will be on normal level tomorrow nothing gonna happen tonight there is only dust which gonna settle down after heavy range bounding volatility tonight and every thing will be normal from tomorrow.
This is how patterns work the second completed
Structure changing pullback is possible before continuation
What is price action according to couple of different theories and possible entry point for trade. If any one do not understand please comment on the chart i will try my best to help.
price sitting on crucial reversal level
Although Gold forming Bullish trend continuation pattern but i am not expecting breakout and continuation of bullish trend. I am expecting short from top and waiting for price action.
break up and close above will invalidate idea