DXY: week9 overview (4H)
Updated
Hi Guys,
since my post of Feb 24, price crossed through the black box to bounce on the 1000SMA, cut the 50SMA and run towards 97 where it met resistance and stopped.
If and when it will cross resistance at 97 I don't know. This structure just show a sequence of highs and lows that form a triple bounce on a very long SMA.
Nice swings though! Lol
Strategy: Wait & see
Thank you for your support and for sharing your ideas.
Enjoy:)
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
since my post of Feb 24, price crossed through the black box to bounce on the 1000SMA, cut the 50SMA and run towards 97 where it met resistance and stopped.
If and when it will cross resistance at 97 I don't know. This structure just show a sequence of highs and lows that form a triple bounce on a very long SMA.
Nice swings though! Lol
Strategy: Wait & see
Thank you for your support and for sharing your ideas.
Enjoy:)
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
This is the chart H1 without changing the SMAsNote
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