-Surveying 
DXY on 1 Hourly (tf) and it's series of Higher Lows.
Breaking the Structure of recent previous x2Top and Resistance Trendline would
nullify the 1H* Downtrend (Rounding Top) in terms of Price Action,
withDXY heading Higher.
A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf)
TRADE SAFE
*** Note that this is not Financial Advice !
Please consult your own Financial Advisor and do your own Research
before partaking on any Trading Activity based upon this Idea
DXY on 1 Hourly (tf) and it's series of Higher Lows.Breaking the Structure of recent previous x2Top and Resistance Trendline would
nullify the 1H* Downtrend (Rounding Top) in terms of Price Action,
with
DXY heading Higher.A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf)
TRADE SAFE
*** Note that this is not Financial Advice !
Please consult your own Financial Advisor and do your own Research
before partaking on any Trading Activity based upon this Idea
Note
Note
DXY completing Wave A at a key S/R area & level 1 of Fibb'Looking for a relief bounce of wave B before heading lower.
Note
Raised Concerns from this sharp impulsive drop from $DXY.
30mins left until candlestick body close
Changing Charachter from the previous HL printed in Doji inside ket S/R area
&
breaking the Fibb 1Level.
Looking for a Bounce here with a decent support at 200EMA as well.
(B) -Wave relief bounce
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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.
Related publications
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.