Watch if this setup could turn up again. Will fib 0,618 hold, or closer down to 101-level ?
Normal this could be slowdown in this drop, but also be aware of any more sell and bear-tendens.
Retest of neckline in the "Three drives pattern"-bottom could also be a nice support-level.
Normal this could be slowdown in this drop, but also be aware of any more sell and bear-tendens.
Retest of neckline in the "Three drives pattern"-bottom could also be a nice support-level.
Note
60min chart....Note
30min chart....Trade active
30min chart.... BULL DVG now at low 101,22...all indicators.... look to upside.... Trade closed: target reached
30min chart.... take a time-out here, at high 101,75, looks some down now... ?Trade active
USD 30min... it's a possibility, that HIDDEN bull dvg in MOM + RSI at support-line, can bring DXY up higher again... Not easy to tell excact where it turn up... FIB 0,382, or a retest of the line it broke up... or rigth up now, from 101,65... ?Positive that MACD is still back above it's 0-line....
Note
15min chart.... Could be a top here now...102,16.. bear dvgTrade closed: target reached
Trade active
HIDDEN BULL DVG now, in all 3 indicators, could bring USD higher again....Order cancelled
didn't work now.... DXY dropped...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.