This is an interesting dichotomy. The weekly shows down all the way, while the daily is potentially forming right shoulder of IHS. When in doubt, I defer to whichever chart is longer term for the macro move.
Truth be told, I anticipate on being under 4K relatively soon… I just don t see much upside potential here aside from a PPT short squeeze to shake out weak shorts… which will be an opportunity to back up the truck and load up.. Just don’t see the opportunity presenting itself anytime soon… hope I’m wrong!
I wonder whether some people are also seeing where we are right now as a fib retracement on the daily so trying to go long
Trading currency futures has captured my interests. Interestingly easy for me. What can I say. 5 minute currency futures chart array...