ANALYSIS 🔎
- DXY is printing a falling wedge pattern.
- This is a trend reversal pattern.
- A bullish one to be precise.
- RSI is printing a bullish divergence signal.
- Price is testing the falling wedge's resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGET 🎯
- Horizontal resistance level (R1).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
- DXY is printing a falling wedge pattern.
- This is a trend reversal pattern.
- A bullish one to be precise.
- RSI is printing a bullish divergence signal.
- Price is testing the falling wedge's resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGET 🎯
- Horizontal resistance level (R1).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.