We have broken out of the trend line, and price has moved impulsively breaking a strong area of support.
I am now waiting for a correction, back up to the fib levels, and aligns with 4hr ema as resistance.
Enter on break of correction on smaller time frame.
DXY is also bullish, so plenty of confluences, except the fact I hate mondays, price seems to go crazy if following setups from Fridays but this is not one to miss!
TP back down to the dotted trend line and potential further sells, nice tight SL will give great returns!
I am now waiting for a correction, back up to the fib levels, and aligns with 4hr ema as resistance.
Enter on break of correction on smaller time frame.
DXY is also bullish, so plenty of confluences, except the fact I hate mondays, price seems to go crazy if following setups from Fridays but this is not one to miss!
TP back down to the dotted trend line and potential further sells, nice tight SL will give great returns!