USDOLLAR - 4H - Bat at trendline

18 may 2016

USDDOLLAR has been trending down this year. and tho we broke a smaller trendline and violated one swing, this current move might just be a bigger retracment before goin down further. one trendline that still holds is the blue solid one and a bat pattern right as we approach it might mark a good place for a sell with really good risk reward if we see the desired rejection of the trendline.

18 may 2016

Nota

my TG1 was hit and now stops are breakeven. we might retest the trendline again, or we break through to the downside. sit and wait