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💸DXY Index💸 will Go Up by Falling Wedge Pattern⏰(1-Hour)⏰
U.S. Dollar Index
Long
💸DXY Index💸 will Go Up by Falling Wedge Pattern⏰(1-Hour)⏰
By pejman_zwin
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Updated
Oct 13, 2023
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Oct 11, 2023
✅The
DXY Index
has completed a
Falling Wedge Pattern
in the
🟢Heavy Support zone($105.80_$104.530)🟢
and 🟡
Price Reversal Zone(PRZ)
🟡.
💡Also, we can see
Regular Divergence(RD+)
between two
consecutive valleys
.
🔔I expect the
DXY Index
will go
UP
after breaking the
upper line
of the
Falling Wedge Pattern
to the 🔴
Resistance zone
🔴.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'
like
'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Oct 11, 2023
Trade active
Oct 11, 2023
Comment
DXY was able to break the upper line of Falling Wedge.
Oct 12, 2023
Comment
DXY reacts well to 🟡Price Reversal Zone(PRZ)🟡.
Oct 12, 2023
Trade closed: target reached
Oct 13, 2023
Comment
DXY reacted well to the uptrend line, and I expect that DXY will go up again in the short term.
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DXY
dxyanalysis
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Support and Resistance
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pejman_zwin
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