Forex Majors | Intraday Signals | BUY/SELL Orders | August 2019
Forex Majors | Intraday Signals | BUY/SELL Orders | August 2019
Entry / Stop Loss / Take Profit levels
Markets: Forex Majors
Forex Majors have been showing signs of high volatility recently, which signifies that a larger degree trend is awaiting its turn.
The DXY peaked with the start of August and then has shown a deep and sharp drop, labelled as Minor A (red). This alone, cannot be the entire swing, and the bottom, if the USD would have more to show on the up-side.
However, the expected bearish leg would need to be watched closely, as the next signs could pave the way towards a much clearer picture.
A larger view would explain this better, here's what I mean: