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Will open first SHORT at the 1.1285-90 zone if a divergence with the DXY forms on H1 closing basis. T he LEVEL for a divergence to form at - is a 50% mark of the yesterday's daily range.
BUT first, we have to breakout of this consolidation by closing above or below one of these DAILY levels. Until that happens - it's a scalper's heaven.
Before we continue DOWN, Weekly candle MUST close below 1.1210, then we'll have a GREEN light to the MAIN TARGET on a Monthly.
But before we get to the MAIN Target, We could see a retracement to around 1.1425. This is my HTF view This I expect within a few months
Closed ALL shorts and reversed to LONGS with a Target 1 - Today's HIGH
I'm short from 1.12953 Target- Fri LOW and last weeks LOW as a Target 2 Will ADD if a divergence forms at these levels on H1 closing basis