Pitchfork setup

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May be setting up here for the next leg up. The 1.128 extension bottom is perfect for this type of tool. DXY SPY TLT GLD

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I will update as this trade evolves. So far the base line was already backtested today which is always the first entry point to dip in.

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Keep in mind that May on average sees a bottom in USD based currencies in the middle of the month. However, May is the strongest DXY month of the year.

ig.com/uk/trading-opportunities/seasonal-trends-in-the-forex-market-39690-170905

charts.equityclock.com/euro-forex-fxeur-seasonal-chart

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09/08/2017 close will be the first target, an important close level indeed.

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The blue dashed line.

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At the worst this baby comes all the way down to CAM Year S3 near 1.5000.

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Potential butterfly harmonic pattern bottom here, updated.

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ملاحظة

Updated. Real buying today with a nice hammer bar to finish the close.