The DXY index failed to break the ๐ขsupport zone($101.30-$100.82)๐ข reliably, and with the Double Bottom pattern, it resumed its upward trend and formed a ๐ปBear Trap๐ป.
๐กAlso, the DXY index issued a Buy signal through the 50-SMA and 50-EMA.
๐กThe Bullish Marabozu candle was also a sign and confirmation that DXY's fall below the support zone was just a Bear Trap.
๐I expect the DXY to have a bullish trend this week and โ๏ธattackโ๏ธ the resistance lines.
๐In general, I try to show you all the points of technical analysis on the chart, which also has an educational aspect(I apologize for the busy chart).๐
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐กAlso, the DXY index issued a Buy signal through the 50-SMA and 50-EMA.
๐กThe Bullish Marabozu candle was also a sign and confirmation that DXY's fall below the support zone was just a Bear Trap.
๐I expect the DXY to have a bullish trend this week and โ๏ธattackโ๏ธ the resistance lines.
๐In general, I try to show you all the points of technical analysis on the chart, which also has an educational aspect(I apologize for the busy chart).๐
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
ืขืกืงื ืคืขืืื
ืืขืจื:
Running well as I expected โ
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื
๐Real & Accurcy Free & VIP Signals/Learing Technical Analysis๐ t.me/ProTrader_365
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3