I know there is a potential double top that could form if price breaks pass the resistance lines.
RSI overbought on daily and 4 hour time frame.
Mac D shifting momentum on 4 hour?
Double top respected on the 4 hour?
Looking for a retracement of 30% or more of previous low.
I still believe that there may be some more dollar strength left as we see how the (MOM) goes with the cpi/ppi reports
What do you think?
"Dying to Live"
RSI overbought on daily and 4 hour time frame.
Mac D shifting momentum on 4 hour?
Double top respected on the 4 hour?
Looking for a retracement of 30% or more of previous low.
I still believe that there may be some more dollar strength left as we see how the (MOM) goes with the cpi/ppi reports
What do you think?
"Dying to Live"
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.