Since price broke above our resisting trend forming a reversal pattern , we can anticipate a bullish momentum as soon as we get a clear retest of our previous resisting trendline which will now serve as support for our bullish move
anticipating price to push up since the DXY is showings signs of selling
continuation structure to the down side. we are anticipating a bearish momentum
DXY We had just broken below an AOV( Area Of Value) and price has been correcting there giving us a bearish flag formation structure. This means that prices will be dropping for this coming week to our initial anticipated support area on the trend line
We have aa clear breakout with an impulse candle, anticipating prices to push lower to the diagonal supporting trendline before we can buy. for now, sells are the way to go for me
Same Aastha previous DXY analysis i shared, dollar yen also broke out of a structure and formed a continuation flag which is an expanding flag. now I'm anticipating that price will start dropping simultaneously with that of the dollar index
We had an impulsive breakout and a continuation pattern in aa form of an expanding flag. price is also at a third touch on the expanding flag which is a great area to take sells on DXY.
we had a breakout and retest so we will be going bullish
DXY seems to have dropped below the previous supporting trendline, breaking and retesting and promising a bearish move for this week
Breakout of a bearish large flag and a clear retest can be seen
The trade has been moving as anticipated, currently running 20% of my initial deposit. Still holding till my first TP target
we had a clear multi touch identification pattern on the supporting trend, price went up to create a running channel which is also on its third touch at support. the bullish momentum will be great as the dxy has also shown signs of a promising bearish move