neckline dosent seem to be proper.. plz correct me if i am wrong...
WicktatorFX
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@pritamjajodia, hi pritam, neckline doesn’t have to be straight. It can be at an angle. Look for Quasimodo reversal patterns on google. Let me know if you have any other questions
When you say a retest, meaning goes up to the 78/80 level then goes down?
WicktatorFX
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@Sophiaelias, good question Sophia. I’m looking for it to drop now and then make a retracement back to the 76 level where we can see a bit of structure. Will look to short around there. But it depends where the retracement finishes. We can draw a correction on the retracement and enter on the break of correction
Sophiaelias
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Looking at the DXY higher time frame it still looks like it will go bearish for a little bit then a large upside. Does that sound plausible?
WicktatorFX
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@Sophiaelias, yeah completely plausible. I’ll send you an updated DXY chart today :)