U.S. Dollar IndexShort
DXY
What's up guys !
After price reached the daily support zone around 92 , I entered a buy opportunity I spotted on the on the M30 after the break of the bigger timeframe trend line , the last swing high and the cross of the EMA 14 above the EMA 50
Now moving forward price approaches the Support and I'm looking for a sell setup which eventually formed after the price rejection of the resistance level and break of the lower time frame blue trendline and also the 50EMA , I could also spot MACD divergence which served as trigger
Later on as price approaches the 92 resistance zone I will be looking for buy setups, as price tends to be in a downtrend from the bigger time frame
What do you think ?
After price reached the daily support zone around 92 , I entered a buy opportunity I spotted on the on the M30 after the break of the bigger timeframe trend line , the last swing high and the cross of the EMA 14 above the EMA 50
Now moving forward price approaches the Support and I'm looking for a sell setup which eventually formed after the price rejection of the resistance level and break of the lower time frame blue trendline and also the 50EMA , I could also spot MACD divergence which served as trigger
Later on as price approaches the 92 resistance zone I will be looking for buy setups, as price tends to be in a downtrend from the bigger time frame
What do you think ?
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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.