DXY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall we are massively bullish on DXY higher timeframes but we have been forming a bearish 4hour trend since last week.
The most likely scenario is that priceaction continues bearish. Look for lower highs and bearish trend characteristics.
Trade scenario 2: For us to consider DXY bullish on the 4hour timeframe again we would need to see a break back above our 4hour zone near 107.600.
Once we can confirm 4hour higher lows above 107.600 we will have a more bullish outlook.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Overall we are massively bullish on DXY higher timeframes but we have been forming a bearish 4hour trend since last week.
The most likely scenario is that priceaction continues bearish. Look for lower highs and bearish trend characteristics.
Trade scenario 2: For us to consider DXY bullish on the 4hour timeframe again we would need to see a break back above our 4hour zone near 107.600.
Once we can confirm 4hour higher lows above 107.600 we will have a more bullish outlook.
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.