USD DOLLAR - Waiting for pullback - Chart 2/3 - Renko style
Current ongoing leg is leg one out of 3. No pullback have begun just yet.
Since USD have completed a 3 leg downside movement after hitting fib 1.618 in the middle of April and hitting 0.618 - one can now see that it is going for 2.618 (not visible on chart) aim for 12200 for now.
The USD is now approaching a supply zone which should trigger the first pullback on this 3 leg movement. Once it starts then the below Demand zone @ 11850 (ish) should hold and allow a re-entry long. If it doesnt hold then this analysis is invalidated.
Since USD have completed a 3 leg downside movement after hitting fib 1.618 in the middle of April and hitting 0.618 - one can now see that it is going for 2.618 (not visible on chart) aim for 12200 for now.
The USD is now approaching a supply zone which should trigger the first pullback on this 3 leg movement. Once it starts then the below Demand zone @ 11850 (ish) should hold and allow a re-entry long. If it doesnt hold then this analysis is invalidated.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.