Many are already drawing a DXY correction, but I still see a supply of powder.
For this one, I again used an 18 hour chart instead of a 1 day chart.
1. Kumo cloud is not broken. the engulfing candle raised the price above the cloud.
2. Price is above kijun sen and tenkan sen and above the cloud.
3. Bullish divergence is working.
4 + 5. The impulse is renewed.
Good luck.
For this one, I again used an 18 hour chart instead of a 1 day chart.
1. Kumo cloud is not broken. the engulfing candle raised the price above the cloud.
2. Price is above kijun sen and tenkan sen and above the cloud.
3. Bullish divergence is working.
4 + 5. The impulse is renewed.
Good luck.
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