The USD is in a structurally sound uptrend , with HH and HL since Feb 2018.
The 50 MAV has only been breached once , and price was rejected off the 200 MAV.
Looking for price to once again move back to the 50 MAV and make another HL.
Long entry
1. Enter at 50 MAV
2. Stop below prior swing low
3. Target - .272 fib extension
Risk Reward is 3+
The 50 MAV has only been breached once , and price was rejected off the 200 MAV.
Looking for price to once again move back to the 50 MAV and make another HL.
Long entry
1. Enter at 50 MAV
2. Stop below prior swing low
3. Target - .272 fib extension
Risk Reward is 3+