Price reacted from blue box, looking for sell
price reacteed .71-.78 for sell, looking at blue box for buy up for long term swing
Another update will come later in the week. PRice may retrace before going bullish
If the dollar doesn't reverse in price at this point of interest then the price will continue to fall to the equal lows
This is my entries for a long position with two different tp
I see price action rejecting at my two points of interest, I see a short term buy for a short term sell
I price rejects these two price ranges then the trade is valid for a long position. The overall structure on weekly timeframe is bullish.
price may go bullish in price if it does go for a bullish run it could reverse at those two points of interest.
I see a position for a long, it should target the equal highs
Bias as of right now, going to sideline and watch this, will send another trade idea later tonight
If price breakthrough these equal lows then the long position trade is valid. Going to also look for reentry on a sell if price does retrace
Looks like price is testing the area it has broken through, it may push to the upside if the DXY is selling ( another confirmation to the list)