Hi mates, Sharing weekly chart of DYX as you can see that weekly chart is improving by continuous giving higher weekly closes and broken out a falling resistance trendline and currently facing a horizontal resistance so if this resistance will break and price will give a close above on daily candle basis I want to add fresh long in it for this long targets I marked up on this chart.
This is not and trade or investment advice. This idea is meant for learning only.
This is not and trade or investment advice. This idea is meant for learning only.
Note
Currently price is trading above the mentioned resistance so if this candle will close above that i want a second more candle to close above as considering a better confirm entry for fresh longs in itTrade active
Sustaining good above marked resistance, Trading activeTrade active
Sharing a new trednline by this it seems a again a small consolidation is over if close above can play more bullish momentumTrade active
Marching towards target one, check update above respevcting new trendline very nicely. seems this week consolidation is overTrade active
Resistance based target one complete exactly by today's high so far, Good gainsTrade active
After so many upheavel last week got another highest weekly clsoing from previous week although it is very marginal and placed on target based resistance too. Charts are improving hope it will break resistance and will close above for fresh longs.Trade active
Price breached a strong resistance and currently trading above, if will give a day clsoe above resistance we can see that final target can come very soon, after bouncing from support price started moving in cannel up just marked on chart matesTrade closed: target reached
Reached 105.157 from 102.853, Traget two was 105.298 missed by 0.141 Closing this idea under target tag because target one complete and target two just missed from big target. Closing this idea completely will publish a new one on Dxy. Happy with the gains. Reason of early closing not able to track for next one two sessions.Trade closed: target reached
All targets complete mates, target two of 105.298 from 102.853 today achived completly, earlier this trade was closed but it's my duty that i have to post a genuine update for mates and my followers. So now closing this publication completely setup is looking much bullish for me and thye same thing fuel seems it is reamaining still now that's why will post a new idea on it. Thanks for giving wonderful responce to my idea, Cheers for awesome gains !!
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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.