This pattern has been testing the PRZ (potential reversal zone) and I am now waiting for my signal to long. I do like the fact that the lower leg touched exactly the channel of the pitchfork.
Even though DXY seems to keep on its way down, there are reasons enough to risk a position here. The stop may be placed on lower swing and profit goes at least to following pitchfork channel.
Even though DXY seems to keep on its way down, there are reasons enough to risk a position here. The stop may be placed on lower swing and profit goes at least to following pitchfork channel.
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