high % of this triangle resolving down but wait before selling/buying
Commento:
it resolved down so expect dxy to move down if not very positive economic signals for the dollar arrives this week with tons of geopolitical chaos on the horizon / vix at record lows
Commento:
DXY 200 day moving average is just right above the triangle so there is also this pullback correction to the average to consider & resistance trend line from when price rolled over in the beginning of the year
Commento:
it went down --> watch for gold to rise
if you traded it, make tight trendlines down , watch for stochastic(31) hitting 0 in lower timeframes first, plot moving averages & fibonacci and make a take profit plan based on all the above
if you traded it, make tight trendlines down , watch for stochastic(31) hitting 0 in lower timeframes first, plot moving averages & fibonacci and make a take profit plan based on all the above