DXY US Dollar Index (Y20.P4.E2.v4).TA.Short term
Updated
Hi,
*** This is another continuation post (v4) from the previous version, as per my posting methodology where I like to link the trading story where its applicable ***
Link supplied below:
MY THOUGHTS:
==========================================
> Price drops below support
> Price tests support as resistance and gets rejected, hence more downward pressure, as per indicators suggest.
> Price will find support at the next fib level and try testing the previous resistance and fail;
Hence the next level of strong support, double bottom
Please give me a like or tick for this post.
Regards,
S.SAri
Macro view
*** This is another continuation post (v4) from the previous version, as per my posting methodology where I like to link the trading story where its applicable ***
Link supplied below:
MY THOUGHTS:
==========================================
> Price drops below support
> Price tests support as resistance and gets rejected, hence more downward pressure, as per indicators suggest.
> Price will find support at the next fib level and try testing the previous resistance and fail;
Hence the next level of strong support, double bottom
Please give me a like or tick for this post.
Regards,
S.SAri
Macro view
Note
a bit of a double bottom on the indicator, DXY up today.Note
A.chart update... in sync with the forecast so far.
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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