In the coming few weeks, would be looking for a Dollar Index short term buy to potentially complete the larger sell structure.(In this case an Expanding Structure). The reason for this is as follows:
1. the price is approaching a HTF demand area.
2. on the LTF, the price is correctively moving within a descending channel(bullish reversal structure)
3. potential LTF double bottom.
Target: 105 level.
1. the price is approaching a HTF demand area.
2. on the LTF, the price is correctively moving within a descending channel(bullish reversal structure)
3. potential LTF double bottom.
Target: 105 level.
