DXY 95.17 - 0.32% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS
Updated
HEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX .
* The consolidating in a descending channel CHANNEL is complete as we saw a break below of structure after it was respected with a couple of touches .
- Short term the index is currently entered an up trend as we had a (HH) break ABOVE of previos swing low on the 4h chart.
- There are 2 levels of interest or supply zones that the index is currently rejecting & the demand zone aligning well with the 61.8 FIB RETRACEMNT LEVEL BEFORE we see continuation with the bulls for our ( HH).
- Looking for SHORT entries on the INDEX SHIRT TERM, overall long for this week should all the rules of the formation be met.
HERE'S WHERE WE WHERE THIS PAST WEEK.
https://www.tradingview.com/chart/DXY/ZVYjtfc9-DXY-95-92-0-19-SHORT-IDEA-PRICE-ACTION-TREND-CONTINUATIO/
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX .
* The consolidating in a descending channel CHANNEL is complete as we saw a break below of structure after it was respected with a couple of touches .
- Short term the index is currently entered an up trend as we had a (HH) break ABOVE of previos swing low on the 4h chart.
- There are 2 levels of interest or supply zones that the index is currently rejecting & the demand zone aligning well with the 61.8 FIB RETRACEMNT LEVEL BEFORE we see continuation with the bulls for our ( HH).
- Looking for SHORT entries on the INDEX SHIRT TERM, overall long for this week should all the rules of the formation be met.
HERE'S WHERE WE WHERE THIS PAST WEEK.
https://www.tradingview.com/chart/DXY/ZVYjtfc9-DXY-95-92-0-19-SHORT-IDEA-PRICE-ACTION-TREND-CONTINUATIO/
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Trade closed: target reached
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