U.S. DOLLAR INDEX Sell signal
Pattern: Channel Down on 1D.
Signal: Sell as the price not only got rejected today on the Channel's median but also on the 0.382 Fibonacci retracement level, potentially repeating the previous bearish leg of the Channel Down.
Target: 88.000 (the -0.236 Fibonacci extension).
*Reference* This scenario was captured on my last DXY idea, regarding the potential of the 1D time-frame. Take a look below:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
Signal: Sell as the price not only got rejected today on the Channel's median but also on the 0.382 Fibonacci retracement level, potentially repeating the previous bearish leg of the Channel Down.
Target: 88.000 (the -0.236 Fibonacci extension).
*Reference* This scenario was captured on my last DXY idea, regarding the potential of the 1D time-frame. Take a look below:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
--------------------------------------------------------------------------------------------------------
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.