Pitchfork setup

May be setting up here for the next leg up. The 1.128 extension bottom is perfect for this type of tool. $DXY $SPY $TLT $GLD

Kommentera:

I will update as this trade evolves. So far the base line was already backtested today which is always the first entry point to dip in.

Kommentera:

Keep in mind that May on average sees a bottom in USD based currencies in the middle of the month. However, May is the strongest DXY month of the year.

www.ig.com/uk/tradin...-market-39690-170905

charts.equityclock.c...fxeur-seasonal-chart

Kommentera:

09/08/2017 close will be the first target, an important close level indeed.

Kommentera:

The blue dashed line.

Kommentera:

Kommentera:

At the worst this baby comes all the way down to CAM Year S3 near 1.5000.

Kommentera:

Potential butterfly harmonic pattern bottom here, updated.

Kommentera:

Updated. Real buying today with a nice hammer bar to finish the close.