DXY - 14Apr2022
On the H4, price had an impulsive pullback yesterday at around 100.500 after all the technical indicators aligned. We are waiting for further confirmation on whether this pullback is the end of Wave 5 or a Wave 4 complex correction.
Nevertheless, price action is coming into 1st Support at 99.680 and we could expect a short-term bounce at this level.
This is for personal work record purposes only, not financial advise or solicitation of trade.
On the H4, price had an impulsive pullback yesterday at around 100.500 after all the technical indicators aligned. We are waiting for further confirmation on whether this pullback is the end of Wave 5 or a Wave 4 complex correction.
Nevertheless, price action is coming into 1st Support at 99.680 and we could expect a short-term bounce at this level.
This is for personal work record purposes only, not financial advise or solicitation of trade.
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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.