DXY has reached a strong horizontal support and after breaking out of the first diagonal resistance formed a double bottom.
Along with the obvious need for an upward correction the target trade is long.
TRADING PLAN:
1-Go Long now
2-SL below the double bottom
3-T1 is below the next diagonal resistance, so it is very achievable
4-T2+above=trailing stop if the resistance is broken
Thank you for reading and have a nice day!
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✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
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.