DXY index managed to form a Double Bottom pattern near theš¢support zone($ 101.3-$ 100.82)š¢ so that Regular Divergence(RD+) can be seen between the first and second bottoms.
DXY has already completed the pullback to the neckline and is breaking the upper line of the descending channel.
I expect DXY to grow to at least the downtrend line after breaking the upper line of the descending channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2h-time frameā°.
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 ā ' like'ā button šš & Share it with your friends; thanks, and Trade safe.
DXY has already completed the pullback to the neckline and is breaking the upper line of the descending channel.
I expect DXY to grow to at least the downtrend line after breaking the upper line of the descending channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2h-time frameā°.
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 ā ' like'ā button šš & Share it with your friends; thanks, and Trade safe.
Note
DXY was able to break the upper line of descending channelNote
New update
Note
running wellNote
New update
Weekly Time frame
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šWelcome than a 50% bonus(Low Spread)švtm.pro/Y3AV7r
šGet a 20% Discount on your trading FEE on BYBIT:špartner.bybit.com/b/PEJMANZWIN
šGet a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)šlbank.one/join/uBythQd
šGet a 20% Discount on your trading FEE on BYBIT:špartner.bybit.com/b/PEJMANZWIN
šGet a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)šlbank.one/join/uBythQd
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.