W - Neutral, strong rejection from the support and the current candle looks very strong, but we have a few days left before I change my weekly bias to bullish
D - Neutral, price has made a strong move up so I could see price reversing; However, it still has not broken structure and is technically in a down trend.
DXY - Bearish, price broke below the descending wedge away from the resistance
Swing entries -
I will enter a swing position if price is able to break the previous lower high and rejects from it on the retest
Scalping entries -
if price drops below 1.386 and I will enter a short on the retest
D - Neutral, price has made a strong move up so I could see price reversing; However, it still has not broken structure and is technically in a down trend.
DXY - Bearish, price broke below the descending wedge away from the resistance
Swing entries -
I will enter a swing position if price is able to break the previous lower high and rejects from it on the retest
Scalping entries -
if price drops below 1.386 and I will enter a short on the retest
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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.