DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking very bullish on DXY this week although we are consolidating a bit and we can see a forming symmetrical triangle.
From here we’re looking for this consolidation to break bullishly and continue higher. Look for strong bullish setups through resistance and the pattern to confirm a bullish continuation.
Trade scenario 2: Price action could also continue to consolidate for a while before making a move but if we are to consider DXY bearish we would need to see a break below support around 93.800 with a lower high below.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking very bullish on DXY this week although we are consolidating a bit and we can see a forming symmetrical triangle.
From here we’re looking for this consolidation to break bullishly and continue higher. Look for strong bullish setups through resistance and the pattern to confirm a bullish continuation.
Trade scenario 2: Price action could also continue to consolidate for a while before making a move but if we are to consider DXY bearish we would need to see a break below support around 93.800 with a lower high below.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.