One more leg?

Looks like EU and GU are running out of gas. $DXY $TLT $GBPUSD $USDJPY $GLD $SLV

Commento:

The 1 hour low at 6:00 EST managed to hit the 21 period lowest low of the Donchian channel, not shown.

Commento:

If it can't hold EU is begging for a double bottom. Near the Year Pivot and Year CAM S3 retest.

Commento:

Hanging on to that channel for dear life. I'm only doing 30 pip profit trades at a time beginning end of last week.

Commento:

Hmmm... I wonder

Commento:

Taking profit before FED... could get a slam down.

Commento:

Possible channel backtest for DXY. Also sitting on month pivot here (thick cyan line)

Commento:

back in EU long as the high of day just broken.... big DXY wycoff upthrust (fake up move for DXY)..... oh the shanking of dollar bulls lol.

Commento:

same wedge from before... probably breaks here

Trade chiuso: obiettivo raggiunto:

1.1850.... BANG. Man they teased and teased on this trade but it got there to that Month R3 Pivot. Had a feeling they would try to pull the rug only a few moments after the ECB Rate Decision.

Commento:

That channel backtest from the underside was pretty ugly.

Commento:

Smacked that May 22 high also at the same time and stopped. Ugly x Ugly

Commento:

Whoops those were EUR Futures... is the correction. We are approaching CAM Week S3 now after big Month CAM R3 rejection.