matt_laza

matt_laza

FDASF

matt_laza

I see just looking at the charts but with the DXY falling like crazy it has potential to continue going up.

matt_laza

Overall it is in a downtrend but for a couple of weeks, it has been consolidating in this channel off the 4hr. I personally think it is going to break out up and get close to the top of the channel then continue the rest of the downtrend but I won't act without conformation,.

matt_laza

If it breaks out of my pennant upward I believe it will be heading towards the green but if it breaks downward I believe it will be heading towards the purple to previous support. If you have any recommendations for my analysis please leave a constructive comment.

matt_laza

I see a pennant on the daily so I would just wait for it to break out and wait for confirmation to make sure it is not a false breakout