W - Bearish, price has broken the .74 major support
D - Bearish, strong break of the .74 level. price is looking overextended at the moment
DXY - Bullish, price is still marching towards the next major resistance
Swing entries -
price is very overextended now I will be looking for a retracement back to the .74 area before I enter a short.
Scalping entries -
price is overextended right now, I will be looking to enter bullish positions when price has started retracing
D - Bearish, strong break of the .74 level. price is looking overextended at the moment
DXY - Bullish, price is still marching towards the next major resistance
Swing entries -
price is very overextended now I will be looking for a retracement back to the .74 area before I enter a short.
Scalping entries -
price is overextended right now, I will be looking to enter bullish positions when price has started retracing
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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.