$DXY - Close up 1HR Downtrend
-Surveying
DXY
on 1 Hourly (tf) and it's series of Higher Lows.
Breaking the Structure of recent previous x2Top and Resistance Trendline would
nullify the 1H* Downtrend (Rounding Top) in terms of Price Action,
with
DXY
heading Higher.
A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf)
TRADE SAFE
*** Note that this is not Financial Advice !
Please consult your own Financial Advisor and do your own Research
before partaking on any Trading Activity based upon this Idea
DXY
on 1 Hourly (tf) and it's series of Higher Lows. Breaking the Structure of recent previous x2Top and Resistance Trendline would
nullify the 1H* Downtrend (Rounding Top) in terms of Price Action,
with
DXY
heading Higher. A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf)
TRADE SAFE
*** Note that this is not Financial Advice !
Please consult your own Financial Advisor and do your own Research
before partaking on any Trading Activity based upon this Idea
Komen:
Komen:
DXY
completing Wave A at a key S/R area & level 1 of Fibb'
Looking for a relief bounce of wave B before heading lower.
DXY
completing Wave A at a key S/R area & level 1 of Fibb' Looking for a relief bounce of wave B before heading lower.
Komen:
Raised Concerns from this sharp impulsive drop from $DXY.
30mins left until candlestick body close
Changing Charachter from the previous HL printed in Doji inside ket S/R area
&
breaking the Fibb 1Level.
Looking for a Bounce here with a decent support at 200EMA as well.
(B) -Wave relief bounce
Raised Concerns from this sharp impulsive drop from $DXY.
30mins left until candlestick body close
Changing Charachter from the previous HL printed in Doji inside ket S/R area
&
breaking the Fibb 1Level.
Looking for a Bounce here with a decent support at 200EMA as well.
(B) -Wave relief bounce
