Considering my bullish bias on the DXY, and the currently bearish price action on GBPUSD, I am anticipating price continuing lower with a short-term objective of a Weekly Wick's Consequent Encroachment.
Price bottomed off a Weekly Bisi to the tee, and closed above a NWOG at big figure 1.2200, leaving a Weekly Sibi in it's wake.
There are 2 areas I am currently looking at for a retracement for a potential continuation to the downside. With price being at an opposing HTF PD Array, I am keen to see how much time it spends consolidating, if at all.
1. The closest Weekly Sibi nested with a Wick of Monthly Bearish Breaker Block (Wick).
2. A Weekly Sibi further up nested with the body of a Monthly Bullish Breaker Block.
- R2F
Price bottomed off a Weekly Bisi to the tee, and closed above a NWOG at big figure 1.2200, leaving a Weekly Sibi in it's wake.
There are 2 areas I am currently looking at for a retracement for a potential continuation to the downside. With price being at an opposing HTF PD Array, I am keen to see how much time it spends consolidating, if at all.
1. The closest Weekly Sibi nested with a Wick of Monthly Bearish Breaker Block (Wick).
2. A Weekly Sibi further up nested with the body of a Monthly Bullish Breaker Block.
- R2F
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.