$US IS DEAD ... FAKE PUMP, SHORT TRADE SETUP
$US is still looking extremely weak. For me, this recent pump looks more like a fake recovery than a real bullish move.
It looks like $US is trying to attract buyers, bring fresh money into the market, and then deliver another dump. The structure is still weak, and a new low could be coming. if buyers get trapped here, US could move even lower from this area.
Sometimes a green candle is just bait before the next dump.
$US is still looking extremely weak. For me, this recent pump looks more like a fake recovery than a real bullish move.
It looks like $US is trying to attract buyers, bring fresh money into the market, and then deliver another dump. The structure is still weak, and a new low could be coming. if buyers get trapped here, US could move even lower from this area.
Sometimes a green candle is just bait before the next dump.