DeGRAM | DXY movement is in a range
DXY is in a range, in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel and is now testing the support level.
The chart maintains an ascending structure and is now holding in the accumulation zone after the correction. At the moment the indicators have formed a bullish convergence on the 1H timeframe.
We expect the price to rise if the index consolidates above the current range.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The price is moving from the lower boundary of the channel and is now testing the support level.
The chart maintains an ascending structure and is now holding in the accumulation zone after the correction. At the moment the indicators have formed a bullish convergence on the 1H timeframe.
We expect the price to rise if the index consolidates above the current range.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
The DXY has successfully reached and already consolidated above the resistance level and has now broken the upper boundary of the channel.
Will the index be able to continue its growth? 🤔 Let's consider it today in our profile.
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.