Short

DXY Forming A Trend Continuation Pattern (TCP)

Updated

Hey guys,
The pair is forming a trend continuation pattern to the downside and this scenarios tells us that the dollar will get weak in the coming days.This will effect all the pairs associated with US Dollar.So guys look for a larger move and be in the trend rather than looking for reversals.

Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.

Good Luck...!!
Regards,
Growing Forex Team

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The corrective structure is completed by the extended wave and it may possibly move south.

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Dollar at the bottom of the trend line look for break out and continuation to the downside

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hey guys we have a complex correction pattern once we are at the top don't forget to sell this.Huge potential trade setup coming next week.Dollar is likely to get strong if i talk about the fundamentals NFP releases tomorrow it may push the price up you guys can just relate the fundamentals with the structure.TECHNICAL PLUS FUNDAMENTALS ON DXY.Goodluck guys.

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hey watch for breakout to buy

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Hey guys last time we were looking for a break once we get a lower degree flag it would be a buy setup for a couple of pips

Comment

Hey Guys,We may have a irregular corrective structure that may eventually break to the downside with more drop left before we see it going further upside.Goodluck

Comment

following these pattern formation may be hard but here we want to see a break out and continuation to enter the trade for short term and look for sell again at the top.

Trade closed manually

GrowingForex

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