W - Bullish, price made a strong rejection from the support
D - Bullish, price looks overextended, price is retracing but I could definitely see it retracing more.
DXY - Bearish, strong rejection from the resistance, overextended, looks like it is in a very large consolidation zone
Swing entries -
I will be looking for the end of the retracement to enter a long position, until then I will be sticking with scalping
Scalping entries -
a break and retest of 1.3889 and I will enter a short
D - Bullish, price looks overextended, price is retracing but I could definitely see it retracing more.
DXY - Bearish, strong rejection from the resistance, overextended, looks like it is in a very large consolidation zone
Swing entries -
I will be looking for the end of the retracement to enter a long position, until then I will be sticking with scalping
Scalping entries -
a break and retest of 1.3889 and I will enter a short
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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.