long on dollar

5 Ağu 2018

dollar looking good, strong bullish barrier triangle momentum looking good on mac D but conflicting rsi which happens from time to time after a large run up like we just saw. Any kind of a cool down after an intense rally will cause the rsi to show a loss in momentum because there is one compared to the prior surge. Seen these patterns play out endlessly and the next resistance comes around the .618 and .786 which also eerily match up with previous tops. I believe that we will rally back to around the .786 and make a lower high that will be followed by a substantial drop but we will see.