And the Beat Goes On

The times when I set resistance points or support points if they are bracketed I already have them pre-set in advance, so its awesome to see price retreat from a long term and powerful resist point. I placed light blue arrows above each of the resistance lines as they show how fresh the sellers can act around those areas. I literally pulled the black dotted resistance zone from 2014 and for them I used the weekly chart, so the resistance appears above and its still a moving target, there are some news items coming out this week to affect the dollar too. The candles on this 2 hour chart acted well leading up to 1.18311 and supported the bullish trendline. The green rectangle was the where the Euro took off with some force - consolidation/break out, it also smashed through the prior two red resistance lines @ 1.17555 and 1.17773 The reset style means always adjust targets to higher levels of resistance and take the uptrend on to the next level as if there were no boundaries. The best algorithms are the right perceptions The expanse continues!