W - bearish, price rejected from a major resistance
D - Neutral, price is consolidating
DXY - bearish, price broke the ascending wedge with a lot of bearish momentum
Swing trades -
no trades during consolidation. when we get a break and retest of the zone I will look to enter in the direction of the break. it looks like it is at the bottom of the zone so if we get a break soon it will be bearish
Scalping entries -
same as the swing trades, no trades during a consolidation zone
D - Neutral, price is consolidating
DXY - bearish, price broke the ascending wedge with a lot of bearish momentum
Swing trades -
no trades during consolidation. when we get a break and retest of the zone I will look to enter in the direction of the break. it looks like it is at the bottom of the zone so if we get a break soon it will be bearish
Scalping entries -
same as the swing trades, no trades during a consolidation zone
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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.