Market consolidated for a while before breaking through the .05 fib which then gave light to the change in polarity where as that level was also a major resistance level in a previously ranging market.
DOUBLE BOTTOM PATTERN: EURUSD LONG E: 1.07362 SL:1.07117 TP: 1.08243 note: I am not an expert, this is only my opinion.
AUDUSD: SHORT E: 0.75247 SL: 0.75372 TP1: 0.74982 TP2: 0.74726 NOTE: I AM NOT AN EXPERT, THIS IS ONLY MY OPINION.
DXY: LONG E: 99.56 SL: 99.46 TP1: 99.8 TP2: 100.01 market broke prior resistance level (change of polarity). market made hit major demand level where price have difficulty making new lows. price volume is increasing as it goes up to my take profit levels. 0.618 retracement is used for target 2 which is at the break of the previous resistance level (change of...