dxy ---> dollar index become weak?
Updated
hello guy...
in a higher time frame, dxy engulf a flag and confirmed a downward movement,
At the same time, it formed a pivot and touched %33 of the last leg
as you can see on the chart it is formed a descending triangle! In my opinion, this will break down the bottom of the triangle so up to you
You can get a short position on USD now!
or you can be patient and get it when a breakdown happens!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
in a higher time frame, dxy engulf a flag and confirmed a downward movement,
At the same time, it formed a pivot and touched %33 of the last leg
as you can see on the chart it is formed a descending triangle! In my opinion, this will break down the bottom of the triangle so up to you
You can get a short position on USD now!
or you can be patient and get it when a breakdown happens!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
so close to break down!
👉my recommended broker:
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
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