DXY - 12Hr* Bull Flag -
DXY Bull Flag post break-out still valid and in play until Price Action nullifies it.Breaking the Bull Flag (in green) and the Resistance Trendline (in red) coming from 114 Highs
will confirm another Macro Higher Low in $DXY.
(in play would be the macro wave C putting The Dollar Index at 96)
LH confirmation would give the other Financial Markets sectors room to explode headed to the upside,
stronger then we've seen so far for the year.
TRADE SAFE
*** NOTE that this is not Financial Advice !
Please do your own research and consult your Financial Advisor
before partaking on any trading activity based solely on this Idea .
Note
DXY- Bull Flag Pattern breaking down on *D
Need to see the close but it doesn't look as optimistic for reversal
Note
DXY headed South first at 100.8 ?The Big Range Bottom
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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.