DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on DXY 4hour but we are consolidating just above our 109.500 zone.
For us to continue bullish we need to see a strong bounce off 109.500 with convincing bullish setups.
Trade scenario 2: For us to see DXY as more bearish we need price action to fall back below 109.500 with strong characteristics of a bearish trend, lower highs and lower lows.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on DXY 4hour but we are consolidating just above our 109.500 zone.
For us to continue bullish we need to see a strong bounce off 109.500 with convincing bullish setups.
Trade scenario 2: For us to see DXY as more bearish we need price action to fall back below 109.500 with strong characteristics of a bearish trend, lower highs and lower lows.
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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.
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.