strong support on the 1.618 fib, two large impulses
הערה
H&S didn't play, strong resistance at 97.69 was broken. Now waiting to see if DXY will catch support at 97.69 or at the trendline. 100 in the sights? Still bullish outlook
הערה
Hard bounce off 97.47
הערה
Once again, playing on the trendline, nice spike for a direct hit. Currently attempting support at 97.33
הערה
Trendline broken on H1, move down to next trendine or is this a fake?
הערה
H1 shows break and rejection from trendline, downwards movement to next trendline looking more and more probable
הערה
Still following this impulse from March. Finished off the week with a green candle off the trendline, where the 200 EMA also closely lies. This trendline has proven to be holding for quite a while now, but a ping off 2.382 and 2.618 could determine whether there will be more downside.
הערה
Trendline holding but we have seen a nice double top here, with nice accumulation at both, especially the second top. Will still be waiting for signs of support on 2.382-2.618 following a potential trendline break, which could give away the bigger picture.
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