Next Level

The difficulty is trading the USD currently.

The F3 got voided again, this time by making a lower low.

The current F has no hope of being upgraded to an F3 since it registered deep oversold on the Daily RSI2.

if (i>0 && Low[i]<Low[i-1] && iRSI(symbol,0,2,PRICE_MEDIAN,i)>8.5 && Low[i]<iMA(symbol,0,9,0,MODE_EMA, PRICE_MEDIAN,i)-FMax*2.4*10*Point) ObjectSetText("Bod"+DoubleToStr(i), "F3", 34, "Impact",  White); 

Meanwhile, the BB width is still expanding. There should be a move back up to the 100-pip stop next.

The orange plotted line splits the difference between the 8 and 16 EMAs.

The idea is to sell it if the market is in a channeling mode like it was for 2 days.

(iMA(symbol,0,8,0,MODE_EMA,PRICE_MEDIAN,i)+iMA(symbol,0,16,0,MODE_EMA,PRICE_MEDIAN,i))/2

The 2-hour thrust down took the price to the support level relative to the consolidation mean, 37 pips away (a no-break extension).

The next move should be a lift and square: a candle breaking above the 30 SMA and a consecutive candle with a 16+ pips wick on the bottom of it. Wherever that candle closes, 6-16 below would be the hot area to go long.

I expect to see a liquidity break, a rally at least 2 days long which would tackle the upper BB30 three times in a row. The 9-day EMA seems totally attainable in the coming days.