This pair has more room up, 1000 pips could be made easily on this long side. Crude oil is about to hit resistance and this might complete the puzzle. Also I see this small leg down as a consolidation, which looks like a bullflag too!
Here is the crude oil idea i posted last week.
Also I posted an idea on the DXY:
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This is how you post a setup when it's HOT
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IvanLabrie
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Tweezer bottom in daily it seems.
Might pullback soon.
ElPatron.Y
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See my post below.
ElPatron.Y
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Could it be? Bearish div on channel resistance which also is my first target? I hope it is!
ElPatron.Y
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Hate me like I'm Adolf, but y'all can't see me. "Ray Charles"
IvanLabrie
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That H&S is too large to fit with the rally before. Both are.
ElPatron.Y
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Okay thanks, 1 is a daily HS and one is a weekly we will see later i save this picture. My gold short is triggered.
IvanLabrie
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Good luck, you'll need it.
ElPatron.Y
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Thank you, you good luck with shorting it.
IvanLabrie
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Wouldn't you wait for at least bullish price action?
Might pullback soon.