Phat booty divergence forming on DXY
Regular Bearish is forming on my order block. That's two confluences for me. DXY could continue to head to the downside if it respects this orderblock.
If DXY continues bearish movement, look for LONGS on XXXUSD pairs and shorts on USDXXX pairs.
If DXY continues bearish movement, look for LONGS on XXXUSD pairs and shorts on USDXXX pairs.
Note
Stop was a LITTLE too tight on this one. For the future, place stop loss above or below divergence high/low.
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Seeking mentorship?
Join The Hyena Hut and learn exactly how I approach the charts. Contact me on Instagram if you have any questions :)
Join The Hyena Hut and learn exactly how I approach the charts. Contact me on Instagram if you have any questions :)
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.