THE DOLLAR IN DRIVES!

Tendency: Uptrend ( Bullish )
Structure: Harmonic | The Three Drive
Observation: i. Looking at a potential completion of Three Lower Lows indicated on the chart as Drive 1, 2 and 3 with a pretty high possibility of a temporary reversal.
ii. Confirmation of an approximate of 0.5/0.618 retracements on drives.
iii. Price appears to run through the last correction move to Drive 3 as it breaks support @ 19.00000 zone.
iv. Price farther below Moving Averages.
Trading plan: BUY possibility with minimum potential profit @ 10,500 pips total.
Risk/Reward: 1/4
Potential Duration: 12 to 20 days

** Please note that Stop Loss/risk-reward ratio is subject to individual risk appetite per trade and account size.

Watch this space or Telegram channel for updates on lower time frames as price action is been monitored.


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