DXY Watch bottom for price action for reversal

23 Jul 2017

Hi fellows, This pair is quite similar to USDCHF, Currently this pair is not ready for buy for longer term for that watch price action on lower time frame for early buy. If strong impulse appear on lower time frame then look for buy. In case we dont see any impulse and price heading lower then watch for lower degree Flag and sell for short term and then look for buy close to the trend line for reversal.

1 Ogo 2017

Nota

Break above trend line will give a single for reversal but we will analyse that breakout before any buy. One more move down is possible

4 Ogo 2017

Nota

Watch TCP fellows.

7 Ogo 2017

Nota

Here we got the TCP formation fellows. One more move down is possible or watch strong breakout.

8 Ogo 2017

Nota

9 Ogo 2017

Nota

12 Ogo 2017

Nota

we have change in pattern formation but we are still bullish on DXY as we are above the impulse watch bottom.