W - Bullish, price has been in a bullish move for a very ling time, price currently looks to be retracing and has found support and is retesting it now.
D - Neutral, price broke the last high but then made a very strong bearish move. not a very clear direction
4 - Bearish, very strong bearish move to break the last low. price is retracing now, I expect price to retrace to 1.38 before turning bearish again as this was the last low.
1 - Bearish, strong move down, price is currently in a bullish retracement.
DXY - Neutral, price is at the last resistance, we will see how it reacts to this level
scalping entries -
I would like to see a rotation at 1.38 to enter a bearish position. bullish momentum is a bit choppy so I will avoid a bullish position for the moment.
I will stay reactive to the market and not let my bias cloud my view of the market at this moment
D - Neutral, price broke the last high but then made a very strong bearish move. not a very clear direction
4 - Bearish, very strong bearish move to break the last low. price is retracing now, I expect price to retrace to 1.38 before turning bearish again as this was the last low.
1 - Bearish, strong move down, price is currently in a bullish retracement.
DXY - Neutral, price is at the last resistance, we will see how it reacts to this level
scalping entries -
I would like to see a rotation at 1.38 to enter a bearish position. bullish momentum is a bit choppy so I will avoid a bullish position for the moment.
I will stay reactive to the market and not let my bias cloud my view of the market at this moment