DXY Trend Direction Breakdown - Aug. 2nd, 2021
DXY confirmed bearish on a break of 91.980. Using structure to determine 90.581 as my current farthest short target, with multiple levels/zones to pass through first; shorts started around 92.186. Price retests and ranges within 92.186 - 92.333 are stuck in a zone that I personally will not attempt to trade within. The bullish trend was held above 91.800 at first, and just recently adjusted higher to 91.980, which weakened the overall previous trend and caused me to switch to a bearish bias. My personal new long orders would start around 92.333 with the current farthest target being 93.088, with multiple levels/zones to pass through. Analysis referenced the daily, 4h, 1h, with 4h being the main reference.
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
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