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I expect a retracement to this zone before continuing to the upside. NEWS coming up VERY SOON for the EUR. This is what THEY're waiting for, to do the MOVE. I'm waiting for the initial NEWS CRAZYNESS to settle before making a move.
image As long as ALL 4 move the same, it should continue. BUT when THE BREAK IN THE SYSTEM happens - it's the reversal time.
My MAIN setup on the left is the EUR (top) and DXY (bottom) the other 2 instruments are "THE SECRET" but as you can see, they're EXACTLY like TWINS. How can this exist?
I expect the market to retrace to the green zone BUT without taking out yesterday's LOW, before going UP.
IMO, the things that MOST traders use (from books) they will form to TRAP the traders and after that the market will do JUST THE OPPOSITE and take their stops.
image This is how I see the week ahead. (NOT in a straight line of course, BUT the IDEA of HIGH and LOW of the week and the approx. levels)