W - Neutral-Bearish, price is at the top of a long term consolidation zone and looks to be rejecting
D - Neutral, price has rejected from the resistance level but has started consolidating
DXY - Bearish, price has broken below the ascending wedge, rejecting from the major resistance
Swing entries -
a break and retest of the consolidation zone in either direction will be a good entry
Scalping entries -
none while price is consolidating
D - Neutral, price has rejected from the resistance level but has started consolidating
DXY - Bearish, price has broken below the ascending wedge, rejecting from the major resistance
Swing entries -
a break and retest of the consolidation zone in either direction will be a good entry
Scalping entries -
none while price is consolidating
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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.
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.