W - price broke below consolidation zone. look for a retracement to .74. overall bullish until it reaches the monthly support (Purple)
D - very strong rejection from .76, I expect impulse to .74 before price continues up.
DXY - bullish, price has some way before it gets to the next major resistance.
swing entries:
I will be looking for bearish setups towards .74
scalping entries:
I will be looking for larger TP on bearish then bullish opportunities. If a bullish opportunity is presented I won't risk as much as I would with a bearish trade.
D - very strong rejection from .76, I expect impulse to .74 before price continues up.
DXY - bullish, price has some way before it gets to the next major resistance.
swing entries:
I will be looking for bearish setups towards .74
scalping entries:
I will be looking for larger TP on bearish then bullish opportunities. If a bullish opportunity is presented I won't risk as much as I would with a bearish trade.
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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.